A/S AF 1946 — Credit Rating and Financial Key Figures

CVR number: 16224014
Birkevænget 3, 7130 Juelsminde
tel: 75693299

Company information

Official name
A/S AF 1946
Established
1946
Company form
Limited company
Industry

About A/S AF 1946

A/S AF 1946 (CVR number: 16224014) is a company from HEDENSTED. The company recorded a gross profit of -19.9 kDKK in 2024. The operating profit was -127.9 kDKK, while net earnings were 173.8 kDKK. The profitability of the company measured by Return on Assets (ROA) was 9.1 %, which can be considered good and Return on Equity (ROE) was 8.6 %, which can be considered good. The equity ratio, a key indicator for solidity, stood at 93.7 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. A/S AF 1946's liquidity measured by quick ratio was 15.9 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
2020
2021
2022
2023
2024
Volume
Net sales
Gross profit50.76633.31-17.00-17.49-19.90
EBIT30.77623.32-17.00-17.49- 127.90
Net earnings17.54677.13- 353.83220.43173.75
Shareholders equity total1 936.542 463.671 927.841 998.282 022.03
Balance sheet total (assets)1 970.542 479.671 943.842 014.282 157.60
Net debt- 439.48-2 471.69-1 933.84-2 014.28-2 156.64
Profitability
EBIT-%
ROA1.5 %30.6 %-0.1 %11.1 %9.1 %
ROE0.9 %30.8 %-16.1 %11.2 %8.6 %
ROI1.5 %31.0 %-0.1 %11.2 %9.4 %
Economic value added (EVA)-56.21546.23-16.60-17.19- 118.77
Solvency
Equity ratio98.3 %99.4 %99.2 %99.2 %93.7 %
Gearing
Relative net indebtedness %
Liquidity
Quick ratio12.9155.0121.5125.915.9
Current ratio12.9155.0121.5125.915.9
Cash and cash equivalents439.482 471.691 933.842 014.282 156.64
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBBBBBB

Variable visualization

ROA:9.10%
Rating: 55/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:93.7%
Rating: 74/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

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