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ATHCO-ENGINEERING A/S — Credit Rating and Financial Key Figures
Credit rating
Company information
About ATHCO-ENGINEERING A/S
ATHCO-ENGINEERING A/S (CVR number: 11809200) is a company from KOLDING. The company recorded a gross profit of 17.4 mDKK in 2024. The operating profit was -1413.8 kDKK, while net earnings were 889.8 kDKK. The profitability of the company measured by Return on Assets (ROA) was 3.5 %, which can be considered weak but Return on Equity (ROE) was 5.8 %, which can be considered decent. The equity ratio, a key indicator for solidity, stood at 39.4 %, 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 financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2020 | 2021 | 2022 | 2023 | 2024 | |
|---|---|---|---|---|---|
| Volume | |||||
| Net sales | |||||
| Gross profit | 28 677.00 | 14 830.00 | 38 364.00 | 2 493.09 | 17 392.68 |
| EBIT | 13 870.00 | - 148.00 | 18 805.00 | -18 140.26 | -1 413.79 |
| Net earnings | 10 527.00 | - 362.00 | 14 497.00 | -14 080.45 | 889.83 |
| Shareholders equity total | 29 422.00 | 21 060.00 | 30 558.00 | 14 877.16 | 15 766.99 |
| Balance sheet total (assets) | 60 335.00 | 87 499.00 | 60 829.00 | 44 748.83 | 39 976.86 |
| Net debt | 1 897.73 | 6 452.83 | |||
| Profitability | |||||
| EBIT-% | |||||
| ROA | 24.1 % | -0.2 % | 25.4 % | -33.1 % | 3.5 % |
| ROE | 36.1 % | -1.4 % | 56.2 % | -62.0 % | 5.8 % |
| ROI | 24.1 % | -0.2 % | 25.4 % | -42.9 % | 6.4 % |
| Economic value added (EVA) | 12 418.03 | -1 626.46 | 17 746.74 | -15 670.65 | -2 132.25 |
| Solvency | |||||
| Equity ratio | 100.0 % | 100.0 % | 100.0 % | 33.2 % | 39.4 % |
| Gearing | 12.9 % | 40.9 % | |||
| Relative net indebtedness % | |||||
| Liquidity | |||||
| Quick ratio | 1.2 | 1.2 | |||
| Current ratio | 1.4 | 1.3 | |||
| Cash and cash equivalents | 17.65 | ||||
| Capital use efficiency | |||||
| Trade debtors turnover (days) | |||||
| Net working capital % | |||||
| Credit risk | |||||
| Credit rating | A | BBB | A | B | BB |
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