AKTIESELSKABET AF 19.8.1985 — Credit Rating and Financial Key Figures

CVR number: 78849010
Elmegaardsvej 3, 9620 Aalestrup

Company information

Official name
AKTIESELSKABET AF 19.8.1985
Established
1985
Company form
Limited company
Industry

About AKTIESELSKABET AF 19.8.1985

AKTIESELSKABET AF 19.8.1985 (CVR number: 78849010) is a company from VESTHIMMERLANDS. The company recorded a gross profit of 1986.3 kDKK in 2023. The operating profit was 1297.9 kDKK, while net earnings were 507.1 kDKK. The profitability of the company measured by Return on Assets (ROA) was 7.2 %, which can be considered decent but Return on Equity (ROE) was 9.4 %, which can be considered good. The equity ratio, a key indicator for solidity, stood at 30 %, 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. AKTIESELSKABET AF 19.8.1985's liquidity measured by quick ratio was 0.1 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 profit2 009.502 387.592 637.282 219.761 986.34
EBIT1 294.541 588.781 747.561 533.971 297.93
Net earnings964.981 148.641 275.72939.89507.06
Shareholders equity total5 860.827 009.468 285.185 156.025 663.08
Balance sheet total (assets)15 510.2320 070.2220 731.4321 219.3718 867.00
Net debt7 157.7210 659.749 781.6711 177.4711 786.55
Profitability
EBIT-%
ROA8.1 %8.9 %8.7 %7.6 %7.2 %
ROE15.1 %17.8 %16.7 %14.0 %9.4 %
ROI8.5 %9.2 %8.9 %7.8 %7.3 %
Economic value added (EVA)311.71626.41583.59388.03343.70
Solvency
Equity ratio37.8 %34.9 %40.0 %24.3 %30.0 %
Gearing122.1 %152.1 %118.1 %282.0 %208.1 %
Relative net indebtedness %
Liquidity
Quick ratio1.50.00.51.10.1
Current ratio1.50.00.51.10.1
Cash and cash equivalents3 362.16
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingAAAAAA

Variable visualization

ROA:7.21%
Rating: 49/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:30.0%
Rating: 26/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Board member
Board member
Board member

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