AGF A/S — Credit Rating and Financial Key Figures
Credit rating
Company information
About AGF A/S
AGF A/S (CVR number: 83839910K) is a company from AARHUS. The company reported a net sales of 185.6 mDKK in 2023, demonstrating a growth of 4.2 % compared to the previous year. The operating profit percentage was at 34.7 % (EBIT: 64.4 mDKK), while net earnings were 59.4 mDKK. The profitability of the company measured by Return on Assets (ROA) was 30.2 %, which can be considered excellent and Return on Equity (ROE) was 30.3 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 76.8 %, 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. AGF A/S's liquidity measured by quick ratio was 2.3 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 financialsNet sales (mDKK)
EBIT (mDKK)
Profitability
Solidity
Key figures (mDKK)
See financials2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | 122.00 | 143.77 | 188.81 | 178.12 | 185.63 |
Gross profit | 100.17 | 188.33 | 224.33 | 206.53 | 307.17 |
EBIT | -13.83 | 19.95 | 19.25 | 10.83 | 64.44 |
Net earnings | 11.97 | 25.32 | 7.50 | 22.38 | 59.44 |
Shareholders equity total | 68.29 | 93.63 | 101.12 | 166.14 | 225.59 |
Balance sheet total (assets) | 132.50 | 164.06 | 170.91 | 210.34 | 293.73 |
Net debt | -55.79 | -29.35 | -12.62 | -41.05 | -15.31 |
Profitability | |||||
EBIT-% | -11.3 % | 13.9 % | 10.2 % | 6.1 % | 34.7 % |
ROA | -11.7 % | 17.0 % | 11.8 % | 7.9 % | 30.2 % |
ROE | 19.3 % | 31.3 % | 7.7 % | 16.7 % | 30.3 % |
ROI | -20.3 % | 28.7 % | 18.5 % | 10.6 % | 38.2 % |
Economic value added (EVA) | -17.02 | 19.73 | 10.27 | 3.24 | 44.38 |
Solvency | |||||
Equity ratio | 54.8 % | 57.1 % | 59.2 % | 79.0 % | 76.8 % |
Gearing | |||||
Relative net indebtedness % | 6.9 % | 28.6 % | 30.3 % | 1.8 % | 28.5 % |
Liquidity | |||||
Quick ratio | 1.7 | 1.5 | 1.6 | 3.0 | 2.3 |
Current ratio | 1.5 | 1.6 | 1.7 | 3.1 | 2.4 |
Cash and cash equivalents | 55.79 | 29.35 | 12.62 | 41.05 | 15.31 |
Capital use efficiency | |||||
Trade debtors turnover (days) | 49.1 | 42.6 | 76.1 | 93.3 | 221.2 |
Net working capital % | -0.0 % | 26.8 % | 21.0 % | 50.4 % | 46.7 % |
Credit risk | |||||
Credit rating | BBB | AAA | AAA | AAA | AAA |
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