ARMIGA A/S — Credit Rating and Financial Key Figures

CVR number: 27918883
Håndværkervej 12, Nors 7700 Thisted
tel: 97982518

Credit rating

Company information

Official name
ARMIGA A/S
Personnel
51 persons
Established
2004
Domicile
Nors
Company form
Limited company
Industry
  • Expand more icon28Manufacture of machinery and equipment n.e.c.

About ARMIGA A/S

ARMIGA A/S (CVR number: 27918883) is a company from THISTED. The company recorded a gross profit of 36.6 mDKK in 2023. The operating profit was 9721.2 kDKK, while net earnings were 7105.5 kDKK. The profitability of the company measured by Return on Assets (ROA) was 24.7 %, which can be considered excellent and Return on Equity (ROE) was 29.4 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 55.8 %, 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. ARMIGA A/S's liquidity measured by quick ratio was 2 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
2019
2020
2021
2022
2023
Volume
Net sales
Gross profit20 394.9820 004.6028 956.1333 330.3336 567.97
EBIT4 538.393 782.309 841.049 881.759 721.18
Net earnings3 064.822 700.797 372.217 311.907 105.45
Shareholders equity total10 689.6713 390.4620 762.6723 074.5625 180.02
Balance sheet total (assets)22 679.5428 929.3034 757.4834 871.9445 139.12
Net debt6 742.743 174.713 485.16-1 066.11-3 264.86
Profitability
EBIT-%
ROA21.2 %14.7 %30.9 %28.5 %24.7 %
ROE33.5 %22.4 %43.2 %33.4 %29.4 %
ROI24.0 %16.8 %35.9 %31.6 %27.4 %
Economic value added (EVA)2 799.482 189.016 908.736 432.576 384.23
Solvency
Equity ratio47.1 %46.3 %59.7 %66.2 %55.8 %
Gearing79.0 %73.3 %37.7 %11.8 %18.6 %
Relative net indebtedness %
Liquidity
Quick ratio1.51.52.43.12.0
Current ratio1.61.62.43.22.0
Cash and cash equivalents1 700.736 638.444 339.963 791.677 960.52
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingAAAAAAAAAAAAA

Variable visualization

ROA:24.7%
Rating: 80/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:55.8%
Rating: 44/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Board member

Companies in the same industry

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