AFO 2005 ApS — Credit Rating and Financial Key Figures

CVR number: 28990626
Jens Otto Krags Gade 9, 2300 København S
alice.lotinga@danbolig.dk

Credit rating

Company information

Official name
AFO 2005 ApS
Established
2005
Company form
Private limited company
Industry

About AFO 2005 ApS

AFO 2005 ApS (CVR number: 28990626) is a company from KØBENHAVN. The company recorded a gross profit of 10.9 kDKK in 2023. The operating profit was -22.3 kDKK, while net earnings were -93.8 kDKK. The profitability of the company measured by Return on Assets (ROA) was -1.2 %, which can be considered poor and Return on Equity (ROE) was -18 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 27.2 %, a level that can be considered to be low. This means a higher proportion of debt in its capital structure, indicating a greater reliance on borrowed funds. AFO 2005 ApS's liquidity measured by quick ratio was 0.3 which is at a very low level. Thus, the company is in an unstable financial position, with its liquid assets significantly undermatching its current liabilities. This severe liquidity deficiency may lead to financial distress and threaten the company's operational continuity.

Financial information

See financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2019
2020
2021
2022
2023
Volume
Net sales
Gross profit-4.1821.16566.84-40.5010.93
EBIT-42.95-12.07533.60-73.73-22.30
Net earnings259.17106.90108.94721.85-93.76
Shareholders equity total1 030.601 137.51946.45568.29474.53
Balance sheet total (assets)2 434.522 932.522 562.031 852.001 746.18
Net debt1 242.371 259.87736.24870.081 049.18
Profitability
EBIT-%
ROA32.9 %5.1 %31.9 %34.9 %-1.2 %
ROE27.3 %9.9 %10.5 %95.3 %-18.0 %
ROI31.4 %5.7 %9.4 %43.3 %-1.4 %
Economic value added (EVA)- 113.60-56.81327.25- 163.03- 140.47
Solvency
Equity ratio42.3 %38.9 %36.9 %30.7 %27.2 %
Gearing120.5 %110.8 %111.1 %168.6 %233.3 %
Relative net indebtedness %
Liquidity
Quick ratio0.40.41.20.40.3
Current ratio0.40.41.20.40.3
Cash and cash equivalents315.5188.3457.74
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingABBBABBBBBB

Variable visualization

ROA:-1.24%
Rating: 19/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:27.2%
Rating: 24/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

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