AK TRADING ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About AK TRADING ApS
AK TRADING ApS (CVR number: 29311080) is a company from AABENRAA. The company recorded a gross profit of 4383.8 kDKK in 2023. The operating profit was 165 kDKK, while net earnings were -772.6 kDKK. The profitability of the company measured by Return on Assets (ROA) was 1.5 %, which can be considered weak but Return on Equity (ROE) was -3.5 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 44.9 %, a level that can be considered to be modest. This means a balanced mix of debt and equity financing its assets—a typical operational level for many companies. AK TRADING ApS's liquidity measured by quick ratio was 0.5 which is at a low level. Thus, the company may face difficulties in addressing its short-term obligations with its available liquid assets.
Financial information
See financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | |||||
Gross profit | 11 025.38 | 14 573.00 | 9 363.00 | 4 169.00 | 4 383.82 |
EBIT | 5 342.52 | 8 536.00 | 3 591.00 | -16.00 | 165.05 |
Net earnings | 3 902.83 | 7 341.00 | 1 457.00 | - 365.00 | - 772.63 |
Shareholders equity total | 21 003.71 | 28 341.00 | 22 800.00 | 22 436.00 | 21 666.57 |
Balance sheet total (assets) | 37 544.11 | 45 839.00 | 54 951.00 | 51 165.00 | 48 260.37 |
Net debt | 8 613.71 | 3 898.00 | 27 721.00 | 24 327.00 | 23 752.35 |
Profitability | |||||
EBIT-% | |||||
ROA | 15.3 % | 23.4 % | 7.8 % | 1.8 % | 1.5 % |
ROE | 20.5 % | 29.8 % | 5.7 % | -1.6 % | -3.5 % |
ROI | 18.8 % | 29.4 % | 9.0 % | 2.0 % | 1.6 % |
Economic value added (EVA) | 3 417.74 | 5 719.94 | 1 690.67 | -1 358.25 | - 819.64 |
Solvency | |||||
Equity ratio | 55.9 % | 61.8 % | 41.5 % | 43.9 % | 44.9 % |
Gearing | 42.8 % | 28.0 % | 122.3 % | 110.5 % | 109.7 % |
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 0.9 | 1.6 | 0.3 | 0.4 | 0.5 |
Current ratio | 2.1 | 4.4 | 2.2 | 2.3 | 2.4 |
Cash and cash equivalents | 365.89 | 4 041.00 | 169.00 | 475.00 | 6.20 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | A | A | A | BBB | BBB |
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