AGC Automotive Glass Danmark A/S — Credit Rating and Financial Key Figures

CVR number: 32557651
Roholmsvej 12 F, 2620 Albertslund
tel: 43613080

Credit rating

Company information

Official name
AGC Automotive Glass Danmark A/S
Personnel
38 persons
Established
2009
Company form
Limited company
Industry

About AGC Automotive Glass Danmark A/S

AGC Automotive Glass Danmark A/S (CVR number: 32557651) is a company from ALBERTSLUND. The company recorded a gross profit of 11.2 mDKK in 2023. The operating profit was 580.6 kDKK, while net earnings were -365.8 kDKK. The profitability of the company measured by Return on Assets (ROA) was 2.7 %, which can be considered weak but Return on Equity (ROE) was -0.9 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at -35 %. This indicates that the company's debt surpasses the value of its total assets, posing significant financial risk. AGC Automotive Glass Danmark A/S's liquidity measured by quick ratio was 5.2 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

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2019
2020
2021
2022
2023
Volume
Net sales
Gross profit3 463.539 771.848 469.069 412.8411 160.92
EBIT-13 863.3778.77- 791.00- 121.55580.58
Net earnings-12 654.3569.11470.87-51.06- 365.77
Shareholders equity total-23 744.10-23 674.99-23 204.12-23 255.17-23 620.94
Balance sheet total (assets)16 005.6413 793.889 425.889 458.6810 980.02
Net debt37 108.4633 352.4429 921.2925 994.6932 074.39
Profitability
EBIT-%
ROA-34.2 %0.7 %-2.1 %-0.3 %2.7 %
ROE-55.4 %0.5 %4.1 %-0.2 %-0.9 %
ROI-35.6 %0.8 %-2.2 %-0.3 %2.9 %
Economic value added (EVA)-11 845.401 323.04723.411 145.611 855.37
Solvency
Equity ratio-59.7 %-63.2 %-71.1 %-36.4 %-35.0 %
Gearing-162.5 %-148.9 %-134.6 %-135.3 %-138.8 %
Relative net indebtedness %
Liquidity
Quick ratio2.83.15.75.45.2
Current ratio2.83.15.75.45.2
Cash and cash equivalents1 476.441 897.471 311.595 464.38719.59
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBBBBBBB

Variable visualization

ROA:2.74%
Rating: 34/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:-35.0%
Rating: 0/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

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