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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 -20.4 kDKK in 2025. The operating profit was -79.4 kDKK, while net earnings were 0.6 kDKK. The profitability of the company measured by Return on Assets (ROA) was 0.8 %, which can be considered weak and Return on Equity (ROE) was 0 %, which can be considered weak. The equity ratio, a key indicator for solidity, stood at 96.2 %, 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 26.6 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 financials2021 | 2022 | 2023 | 2024 | 2025 | |
|---|---|---|---|---|---|
| Volume | |||||
| Net sales | |||||
| Gross profit | 633.31 | -17.00 | -17.49 | -19.90 | -20.42 |
| EBIT | 623.32 | -17.00 | -17.49 | - 127.90 | -79.42 |
| Net earnings | 677.13 | - 353.83 | 220.43 | 173.75 | 0.61 |
| Shareholders equity total | 2 463.67 | 1 927.84 | 1 998.28 | 2 022.03 | 1 922.64 |
| Balance sheet total (assets) | 2 479.67 | 1 943.84 | 2 014.28 | 2 157.60 | 1 997.84 |
| Net debt | -2 471.69 | -1 933.84 | -2 014.28 | -2 156.64 | -1 997.84 |
| Profitability | |||||
| EBIT-% | |||||
| ROA | 30.6 % | -0.1 % | 11.1 % | 9.1 % | 0.8 % |
| ROE | 30.8 % | -16.1 % | 11.2 % | 8.6 % | 0.0 % |
| ROI | 31.0 % | -0.1 % | 11.2 % | 9.4 % | 0.9 % |
| Economic value added (EVA) | 524.15 | - 140.80 | - 114.36 | - 219.99 | - 181.03 |
| Solvency | |||||
| Equity ratio | 99.4 % | 99.2 % | 99.2 % | 93.7 % | 96.2 % |
| Gearing | |||||
| Relative net indebtedness % | |||||
| Liquidity | |||||
| Quick ratio | 155.0 | 121.5 | 125.9 | 15.9 | 26.6 |
| Current ratio | 155.0 | 121.5 | 125.9 | 15.9 | 26.6 |
| Cash and cash equivalents | 2 471.69 | 1 933.84 | 2 014.28 | 2 156.64 | 1 997.84 |
| Capital use efficiency | |||||
| Trade debtors turnover (days) | |||||
| Net working capital % | |||||
| Credit risk | |||||
| Credit rating | AA | A | AA | A | A |
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