ATHCO-ENGINEERING A/S — Credit Rating and Financial Key Figures

CVR number: 11809200
Fabriksvej 12-14, 6000 Kolding
tel: 76333565

Credit rating

Company information

Official name
ATHCO-ENGINEERING A/S
Personnel
51 persons
Established
1987
Company form
Limited company
Industry
  • Expand more icon28Manufacture of machinery and equipment n.e.c.

About ATHCO-ENGINEERING A/S

ATHCO-ENGINEERING A/S (CVR number: 11809200) is a company from KOLDING. The company recorded a gross profit of 2299.7 kDKK in 2023. The operating profit was -18.1 mDKK, while net earnings were -14.1 mDKK. The profitability of the company measured by Return on Assets (ROA) was -33.1 %, which can be considered poor and Return on Equity (ROE) was -62 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 33.2 %, 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. ATHCO-ENGINEERING A/S's liquidity measured by quick ratio was 1.2 which is at a high level. Thus, the company is in a strong financial position, with liquid assets surpassing current liabilities. It is well-prepared to cover short-term financial obligations.

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 profit27 268.0028 677.0014 830.0038 363.832 299.67
EBIT11 739.0013 870.00- 148.0018 804.72-18 140.26
Net earnings8 974.0010 527.00- 362.0014 497.30-14 080.45
Shareholders equity total28 895.0029 422.0021 060.0030 557.6114 877.16
Balance sheet total (assets)54 844.0060 335.0087 499.0060 829.1944 748.83
Net debt-8 523.291 897.73
Profitability
EBIT-%
ROA22.0 %24.1 %-0.2 %25.6 %-33.1 %
ROE62.1 %36.1 %-1.4 %56.2 %-62.0 %
ROI22.0 %24.1 %-0.2 %30.6 %-60.9 %
Economic value added (EVA)11 739.0012 418.03-1 626.4613 562.04-15 493.58
Solvency
Equity ratio100.0 %100.0 %100.0 %50.2 %33.2 %
Gearing12.9 %
Relative net indebtedness %
Liquidity
Quick ratio2.21.2
Current ratio2.51.4
Cash and cash equivalents8 523.2917.65
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBABBBAABBB

Variable visualization

ROA:-33.1%
Rating: 0/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:33.2%
Rating: 28/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chairman of the board
Board member

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