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 188.4 mDKK in 2024, demonstrating a growth of 1.5 % compared to the previous year. The operating profit percentage was poor at -13.1 % (EBIT: -24.8 mDKK), while net earnings were -20.8 mDKK. The profitability of the company measured by Return on Assets (ROA) was -5.7 %, which can be considered poor and Return on Equity (ROE) was -9.6 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 70.6 %, 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 1.7 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 financials2020 | 2021 | 2022 | 2023 | 2024 | |
|---|---|---|---|---|---|
| Volume | |||||
| Net sales | 143.77 | 188.81 | 178.12 | 185.63 | 188.41 |
| Gross profit | 188.33 | 224.33 | 206.53 | 307.17 | 227.75 |
| EBIT | 19.95 | 19.25 | 10.83 | 64.44 | -24.77 |
| Net earnings | 25.32 | 7.50 | 22.38 | 59.44 | -20.77 |
| Shareholders equity total | 93.63 | 101.12 | 166.14 | 225.59 | 205.15 |
| Balance sheet total (assets) | 164.06 | 170.91 | 210.34 | 293.73 | 290.54 |
| Net debt | -29.35 | -12.62 | -41.05 | -15.31 | -19.54 |
| Profitability | |||||
| EBIT-% | 13.9 % | 10.2 % | 6.1 % | 34.7 % | -13.1 % |
| ROA | 17.0 % | 11.8 % | 7.9 % | 30.2 % | -5.7 % |
| ROE | 31.3 % | 7.7 % | 16.7 % | 30.3 % | -9.6 % |
| ROI | 28.7 % | 18.5 % | 10.6 % | 38.2 % | -7.1 % |
| Economic value added (EVA) | 16.58 | 8.56 | 2.48 | 42.27 | -36.14 |
| Solvency | |||||
| Equity ratio | 57.1 % | 59.2 % | 79.0 % | 76.8 % | 70.6 % |
| Gearing | |||||
| Relative net indebtedness % | 28.6 % | 30.3 % | 1.8 % | 28.5 % | 34.9 % |
| Liquidity | |||||
| Quick ratio | 1.5 | 1.6 | 3.0 | 2.3 | 1.7 |
| Current ratio | 1.6 | 1.7 | 3.1 | 2.4 | 1.8 |
| Cash and cash equivalents | 29.35 | 12.62 | 41.05 | 15.31 | 19.54 |
| Capital use efficiency | |||||
| Trade debtors turnover (days) | 42.6 | 76.1 | 93.3 | 221.2 | 103.8 |
| Net working capital % | 26.8 % | 21.0 % | 50.4 % | 46.7 % | 23.9 % |
| Credit risk | |||||
| Credit rating | AA | AA | AAA | AA | A |
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