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

CVR number: 11809200
Fabriksvej 12-14, 6000 Kolding
tel: 76333565
Free credit report Annual report

Company information

Official name
ATHCO-ENGINEERING A/S
Personnel
33 persons
Established
1987
Company form
Limited company
Industry

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 financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2020
2021
2022
2023
2024
Volume
Net sales
Gross profit28 677.0014 830.0038 364.002 493.0917 392.68
EBIT13 870.00- 148.0018 805.00-18 140.26-1 413.79
Net earnings10 527.00- 362.0014 497.00-14 080.45889.83
Shareholders equity total29 422.0021 060.0030 558.0014 877.1615 766.99
Balance sheet total (assets)60 335.0087 499.0060 829.0044 748.8339 976.86
Net debt1 897.736 452.83
Profitability
EBIT-%
ROA24.1 %-0.2 %25.4 %-33.1 %3.5 %
ROE36.1 %-1.4 %56.2 %-62.0 %5.8 %
ROI24.1 %-0.2 %25.4 %-42.9 %6.4 %
Economic value added (EVA)12 418.03-1 626.4617 746.74-15 670.65-2 132.25
Solvency
Equity ratio100.0 %100.0 %100.0 %33.2 %39.4 %
Gearing12.9 %40.9 %
Relative net indebtedness %
Liquidity
Quick ratio1.21.2
Current ratio1.41.3
Cash and cash equivalents17.65
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingABBBABBB

Variable visualization

ROA:3.50%
Rating: 37/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:39.4%
Rating: 33/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chairman of the board
Board member

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