AFN Holding af 2018 ApS — Credit Rating and Financial Key Figures

CVR number: 40179844
Harbo Stages Vej 1, Søndervig 6950 Ringkøbing

Company information

Official name
AFN Holding af 2018 ApS
Established
2018
Domicile
Søndervig
Company form
Private limited company
Industry

About AFN Holding af 2018 ApS

AFN Holding af 2018 ApS (CVR number: 40179844) is a company from RINGKØBING-SKJERN. The company reported a net sales of 0.9 mDKK in 2024, demonstrating a growth of 15.8 % compared to the previous year. The operating profit percentage was at 98.7 % (EBIT: 0.9 mDKK), while net earnings were 864.3 kDKK. The profitability of the company measured by Return on Assets (ROA) was 33.9 %, which can be considered excellent and Return on Equity (ROE) was 38.8 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 76.2 %, 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. AFN Holding af 2018 ApS'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

Net sales (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2020
2021
2022
2023
2024
Volume
Net sales- 161.48752.00748.10866.20
Gross profit- 171.23-10.00744.00739.10854.70
EBIT- 171.23-10.00744.00739.10854.70
Net earnings- 162.960.99762.75763.69864.33
Shareholders equity total1 261.071 262.061 650.192 296.082 160.40
Balance sheet total (assets)1 273.531 273.511 664.612 397.162 836.79
Net debt- 168.04- 160.99- 395.54-1 146.86- 904.39
Profitability
EBIT-%98.9 %98.8 %98.7 %
ROA-11.3 %0.1 %52.2 %37.9 %33.9 %
ROE-11.9 %0.1 %52.4 %38.7 %38.8 %
ROI-11.4 %0.1 %52.5 %38.2 %34.0 %
Economic value added (EVA)- 248.97-73.69677.48651.70735.29
Solvency
Equity ratio99.0 %99.1 %99.1 %95.8 %76.2 %
Gearing0.5 %0.4 %0.3 %3.9 %30.8 %
Relative net indebtedness %100.3 %-51.3 %-151.6 %-103.3 %
Liquidity
Quick ratio102.3111.289.312.62.4
Current ratio102.3111.289.312.62.4
Cash and cash equivalents174.50165.44399.991 235.521 570.77
Capital use efficiency
Trade debtors turnover (days)
Net working capital %-781.0 %169.3 %156.5 %106.1 %
Credit risk
Credit ratingBBBBBBBBBBA

Variable visualization

ROA:33.9%
Rating: 85/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:76.2%
Rating: 57/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer

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