A.K.S. FINMEKANIK A/S — Credit Rating and Financial Key Figures

CVR number: 11142087
Stamholmen 71, 2650 Hvidovre
tel: 77313111

Credit rating

Company information

Official name
A.K.S. FINMEKANIK A/S
Personnel
35 persons
Established
1987
Company form
Limited company
Industry
  • Expand more icon25Manufacture of fabricated metal products, except machinery and equipment

About A.K.S. FINMEKANIK A/S

A.K.S. FINMEKANIK A/S (CVR number: 11142087) is a company from HVIDOVRE. The company recorded a gross profit of 8461.1 kDKK in 2023. The operating profit was 3291.3 kDKK, while net earnings were 502.2 kDKK. The profitability of the company measured by Return on Assets (ROA) was 5.3 %, which can be considered decent but Return on Equity (ROE) was 13.8 %, which can be considered good. The equity ratio, a key indicator for solidity, stood at 5.8 %, a level that can be considered to be very low. This means the company is highly leveraged, with most assets financed through debt. This high level of financial risk could pose challenges in periods of financial distress or rising interest rates. A.K.S. FINMEKANIK A/S's liquidity measured by quick ratio was 0.4 which is at a very low level. Thus, the company is in an unstable financial position, with its liquid assets significantly undermatching its current liabilities. This severe liquidity deficiency may lead to financial distress and threaten the company's operational continuity.

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 profit4 089.413 751.114 590.877 096.288 461.10
EBIT1 275.911 639.95937.323 104.223 291.33
Net earnings232.61132.95303.271 087.81502.19
Shareholders equity total2 626.93-3 100.992 302.283 390.093 892.28
Balance sheet total (assets)49 315.3256 738.8653 859.7656 523.1867 168.82
Net debt42 614.6549 111.7641 494.1349 679.1257 480.75
Profitability
EBIT-%
ROA2.9 %3.1 %1.7 %5.6 %5.3 %
ROE3.6 %0.4 %1.0 %38.2 %13.8 %
ROI3.3 %3.6 %2.0 %6.3 %5.8 %
Economic value added (EVA)473.271 133.80882.672 305.192 166.49
Solvency
Equity ratio5.3 %68.7 %4.3 %6.0 %5.8 %
Gearing1622.2 %-1583.7 %1802.3 %1465.4 %1476.8 %
Relative net indebtedness %
Liquidity
Quick ratio0.21.40.50.40.4
Current ratio1.03.31.01.01.0
Cash and cash equivalents
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBBAA

Variable visualization

ROA:5.33%
Rating: 44/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:5.79%
Rating: 6/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Companies in the same industry

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