AGC Automotive Glass Danmark A/S — Credit Rating and Financial Key Figures
Credit rating
Company information
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 financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | |||||
Gross profit | 3 463.53 | 9 771.84 | 8 469.06 | 9 412.84 | 11 160.92 |
EBIT | -13 863.37 | 78.77 | - 791.00 | - 121.55 | 580.58 |
Net earnings | -12 654.35 | 69.11 | 470.87 | -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) | 16 005.64 | 13 793.88 | 9 425.88 | 9 458.68 | 10 980.02 |
Net debt | 37 108.46 | 33 352.44 | 29 921.29 | 25 994.69 | 32 074.39 |
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) | -11 845.40 | 1 323.04 | 723.41 | 1 145.61 | 1 855.37 |
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 ratio | 2.8 | 3.1 | 5.7 | 5.4 | 5.2 |
Current ratio | 2.8 | 3.1 | 5.7 | 5.4 | 5.2 |
Cash and cash equivalents | 1 476.44 | 1 897.47 | 1 311.59 | 5 464.38 | 719.59 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | BB | BBB | BBB | BBB | BBB |
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