Aktieselskabet af 5. oktober 2017 — Credit Rating and Financial Key Figures

CVR number: 38989308
Reesens Vej 2, 6800 Varde
aln@reka.dk

Company information

Official name
Aktieselskabet af 5. oktober 2017
Established
2017
Company form
Limited company
Industry

About Aktieselskabet af 5. oktober 2017

Aktieselskabet af 5. oktober 2017 (CVR number: 38989308) is a company from VARDE. The company recorded a gross profit of 1811.1 kDKK in 2021. The operating profit was 1811.1 kDKK, while net earnings were 1411.9 kDKK. The profitability of the company measured by Return on Assets (ROA) was 9.7 %, which can be considered good but Return on Equity (ROE) was 18.6 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 57.8 %, a level that can be considered to be modest. This means a balanced mix of debt and equity financing its assets—a typical operational level for many companies. Aktieselskabet af 5. oktober 2017's liquidity measured by quick ratio was 2.4 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 financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2018
2019
2020
2021
Volume
Net sales
Gross profit-56.94- 824.8016 480.471 811.11
EBIT-56.94- 824.8016 480.471 811.11
Net earnings-48.97- 644.1912 845.621 411.86
Shareholders equity total951.03306.8513 152.472 064.33
Balance sheet total (assets)58 796.7958 365.7233 725.953 572.13
Net debt56 414.6753 651.90-23 232.23-3 572.13
Profitability
EBIT-%
ROA-0.1 %-1.4 %35.8 %9.7 %
ROE-5.1 %-102.4 %190.9 %18.6 %
ROI-0.1 %-1.5 %48.7 %23.7 %
Economic value added (EVA)-45.00- 689.4012 856.151 922.31
Solvency
Equity ratio72.6 %33.3 %39.0 %57.8 %
Gearing5935.5 %17647.7 %0.5 %
Relative net indebtedness %
Liquidity
Quick ratio0.70.01.62.4
Current ratio3.71.51.62.4
Cash and cash equivalents34.39500.0023 294.733 572.13
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBB

Variable visualization

ROA:9.71%
Rating: 56/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:57.8%
Rating: 45/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

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