AM DENMARK A/S — Credit Rating and Financial Key Figures
Credit rating
Company information
About AM DENMARK A/S
AM DENMARK A/S (CVR number: 76957118) is a company from KØBENHAVN. The company recorded a gross profit of 1865.7 kDKK in 2023. The operating profit was -1157.8 kDKK, while net earnings were -430.6 kDKK. The profitability of the company measured by Return on Assets (ROA) was -4.6 %, which can be considered poor and Return on Equity (ROE) was -4.1 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 92 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. AM DENMARK A/S's liquidity measured by quick ratio was 7.5 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 | 4 403.71 | 5 739.59 | 2 949.83 | 6 480.44 | 1 865.72 |
EBIT | 2 511.29 | 4 019.56 | 51.00 | 2 789.94 | -1 157.81 |
Net earnings | 2 491.68 | 4 124.03 | - 709.05 | 1 329.99 | - 430.60 |
Shareholders equity total | 6 115.89 | 10 171.73 | 9 462.68 | 10 792.67 | 10 362.07 |
Balance sheet total (assets) | 9 579.63 | 12 995.60 | 11 074.48 | 13 780.17 | 11 430.49 |
Net debt | 88.26 | -2 355.10 | - 561.42 | -2 736.25 | -4 055.79 |
Profitability | |||||
EBIT-% | |||||
ROA | 31.0 % | 39.6 % | -4.1 % | 21.8 % | -4.6 % |
ROE | 51.2 % | 50.6 % | -7.2 % | 13.1 % | -4.1 % |
ROI | 40.7 % | 50.6 % | -5.0 % | 26.4 % | -5.4 % |
Economic value added (EVA) | 2 365.27 | 3 532.14 | - 343.47 | 1 707.57 | -1 298.90 |
Solvency | |||||
Equity ratio | 63.8 % | 78.3 % | 85.4 % | 80.0 % | 92.0 % |
Gearing | 21.1 % | 0.2 % | 0.2 % | 0.0 % | 0.0 % |
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 1.5 | 2.8 | 3.3 | 1.8 | 7.5 |
Current ratio | 2.5 | 4.3 | 6.9 | 4.6 | 10.4 |
Cash and cash equivalents | 1 203.42 | 2 374.22 | 579.92 | 2 736.80 | 4 058.59 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | AA | A | BBB | A | BBB |
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