DANSK AKRYL-PLADE FABRIK A/S — Credit Rating and Financial Key Figures

CVR number: 50036316
Skelvej 24, Fløng 2640 Hedehusene
kim@acrylplader.dk
tel: 46565599
www.acrylplader.dk

Credit rating

Company information

Official name
DANSK AKRYL-PLADE FABRIK A/S
Established
1974
Domicile
Fløng
Company form
Limited company
Industry
  • Expand more icon22Manufacture of rubber and plastic products

About DANSK AKRYL-PLADE FABRIK A/S

DANSK AKRYL-PLADE FABRIK A/S (CVR number: 50036316) is a company from Høje-Taastrup. The company recorded a gross profit of 61.5 kDKK in 2017. The operating profit was 33.1 kDKK, while net earnings were -512.1 kDKK. The profitability of the company measured by Return on Assets (ROA) was 2.6 %, which can be considered weak but Return on Equity (ROE) was -86 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 15.1 %, 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. DANSK AKRYL-PLADE FABRIK A/S's liquidity measured by quick ratio was 0.2 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
2016
2017
Volume
Net sales
Gross profit317.4861.45
EBIT328.3233.06
Net earnings-15.75- 512.13
Shareholders equity total851.85339.73
Balance sheet total (assets)2 896.292 245.91
Net debt1 718.551 529.15
Profitability
EBIT-%
ROA11.8 %2.6 %
ROE-1.8 %-86.0 %
ROI13.3 %3.0 %
Economic value added (EVA)233.11-7.99
Solvency
Equity ratio29.4 %15.1 %
Gearing201.9 %462.7 %
Relative net indebtedness %
Liquidity
Quick ratio0.30.2
Current ratio1.00.6
Cash and cash equivalents1.0342.68
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBB

Variable visualization

ROA:2.58%
Rating: 33/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:15.1%
Rating: 15/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

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