A/S AF 1946 — Credit Rating and Financial Key Figures
Credit rating
Company information
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 financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2020 | 2021 | 2022 | 2023 | 2024 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | |||||
Gross profit | 50.76 | 633.31 | -17.00 | -17.49 | -19.90 |
EBIT | 30.77 | 623.32 | -17.00 | -17.49 | - 127.90 |
Net earnings | 17.54 | 677.13 | - 353.83 | 220.43 | 173.75 |
Shareholders equity total | 1 936.54 | 2 463.67 | 1 927.84 | 1 998.28 | 2 022.03 |
Balance sheet total (assets) | 1 970.54 | 2 479.67 | 1 943.84 | 2 014.28 | 2 157.60 |
Net debt | - 439.48 | -2 471.69 | -1 933.84 | -2 014.28 | -2 156.64 |
Profitability | |||||
EBIT-% | |||||
ROA | 1.5 % | 30.6 % | -0.1 % | 11.1 % | 9.1 % |
ROE | 0.9 % | 30.8 % | -16.1 % | 11.2 % | 8.6 % |
ROI | 1.5 % | 31.0 % | -0.1 % | 11.2 % | 9.4 % |
Economic value added (EVA) | -56.21 | 546.23 | -16.60 | -17.19 | - 118.77 |
Solvency | |||||
Equity ratio | 98.3 % | 99.4 % | 99.2 % | 99.2 % | 93.7 % |
Gearing | |||||
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 12.9 | 155.0 | 121.5 | 125.9 | 15.9 |
Current ratio | 12.9 | 155.0 | 121.5 | 125.9 | 15.9 |
Cash and cash equivalents | 439.48 | 2 471.69 | 1 933.84 | 2 014.28 | 2 156.64 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | BBB | BBB | BBB | BB | BB |
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