ALCOAT A/S — Credit Rating and Financial Key Figures
Credit rating
Company information
About ALCOAT A/S
ALCOAT A/S (CVR number: 43853112) is a company from ODSHERRED. The company recorded a gross profit of 2239.4 kDKK in 2023. The operating profit was -40.5 kDKK, while net earnings were 1.7 kDKK. The profitability of the company measured by Return on Assets (ROA) was 0.3 %, which can be considered weak and Return on Equity (ROE) was 0.1 %, which can be considered weak. The equity ratio, a key indicator for solidity, stood at 76.9 %, a level that can be considered to be good. This shows that a large part of the company's assets are funded by shareholders' equity, reducing financial risk. ALCOAT A/S's liquidity measured by quick ratio was 3.1 which is at a very high level. Thus, the company demonstrates exceptional financial stability, possessing a significant surplus of liquid assets over its short-term liabilities.
Financial information
See financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | |||||
Gross profit | 1 815.95 | 2 817.16 | 3 651.02 | 2 627.60 | 2 239.42 |
EBIT | -78.72 | 657.75 | 1 177.08 | 556.72 | -40.47 |
Net earnings | -64.82 | 525.43 | 905.63 | 473.99 | 1.71 |
Shareholders equity total | 2 048.37 | 2 573.80 | 3 479.43 | 2 903.42 | 2 905.13 |
Balance sheet total (assets) | 2 709.02 | 3 369.72 | 4 683.22 | 3 833.58 | 3 779.81 |
Net debt | -1 116.39 | -1 595.29 | -2 341.25 | -1 480.73 | -2 156.57 |
Profitability | |||||
EBIT-% | |||||
ROA | -2.6 % | 22.5 % | 29.6 % | 14.6 % | 0.3 % |
ROE | -3.1 % | 22.7 % | 29.9 % | 14.9 % | 0.1 % |
ROI | -3.5 % | 29.6 % | 39.3 % | 19.4 % | 0.4 % |
Economic value added (EVA) | - 106.95 | 464.84 | 865.87 | 374.55 | - 112.73 |
Solvency | |||||
Equity ratio | 75.6 % | 76.4 % | 74.3 % | 75.7 % | 76.9 % |
Gearing | 0.1 % | 0.0 % | 0.0 % | 0.0 % | 0.0 % |
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 3.0 | 3.3 | 4.1 | 3.1 | 3.1 |
Current ratio | 3.2 | 3.5 | 4.3 | 3.3 | 3.3 |
Cash and cash equivalents | 1 117.53 | 1 596.43 | 2 342.39 | 1 481.88 | 2 157.71 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | BBB | BBB | BBB | A | BBB |
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