AF1 2020 ApS — Credit Rating and Financial Key Figures

CVR number: 19899586
Egebakken 3, 5462 Morud

Credit rating

Company information

Official name
AF1 2020 ApS
Established
1997
Company form
Private limited company
Industry

About AF1 2020 ApS

AF1 2020 ApS (CVR number: 19899586) is a company from NORDFYNS. The company recorded a gross profit of -32.7 kDKK in 2024. The operating profit was -32.7 kDKK, while net earnings were 2162.9 kDKK. The profitability of the company measured by Return on Assets (ROA) was 18.6 %, which can be considered excellent and Return on Equity (ROE) was 86.3 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 19.5 %, a level that can be considered to be very low. This means the company is highly leveraged, with most assets financed through debt. This high level of financial risk could pose challenges in periods of financial distress or rising interest rates. AF1 2020 ApS's liquidity measured by quick ratio was 1.2 which is at a high level. Thus, the company is in a strong financial position, with liquid assets surpassing current liabilities. It is well-prepared to cover short-term financial obligations.

Financial information

See financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2020
2021
2022
2023
2024
Volume
Net sales
Gross profit-0.400.56-32.02-39.90-32.68
EBIT-0.400.56-32.02-39.90-32.68
Net earnings- 155.982 293.22-2 850.901 341.352 162.87
Shareholders equity total- 157.852 135.3784.471 425.823 588.69
Balance sheet total (assets)6 403.2026 155.6123 656.2217 478.6318 382.73
Net debt155.98-2 135.37792.05-1 768.00-4 207.53
Profitability
EBIT-%
ROA0.0 %17.3 %1.1 %11.7 %18.6 %
ROE-2.4 %53.7 %-256.9 %177.6 %86.3 %
ROI0.0 %17.3 %1.1 %11.8 %19.1 %
Economic value added (EVA)-0.31- 321.21-1 338.74-1 219.15- 886.60
Solvency
Equity ratio-2.4 %8.2 %0.4 %8.2 %19.5 %
Gearing-4155.3 %1124.9 %27889.2 %1101.9 %395.0 %
Relative net indebtedness %
Liquidity
Quick ratio1.01.11.01.11.2
Current ratio1.01.11.01.11.2
Cash and cash equivalents6 403.2026 155.6122 766.1917 478.6318 382.73
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBBBBBBB

Variable visualization

ROA:18.6%
Rating: 72/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:19.5%
Rating: 19/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer

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