AMMINEX EMISSIONS TECHNOLOGY A/S — Credit Rating and Financial Key Figures

CVR number: 34726973
Nørrelundvej 10, 2730 Herlev

Credit rating

Company information

Official name
AMMINEX EMISSIONS TECHNOLOGY A/S
Personnel
3 persons
Established
2012
Company form
Limited company
Industry
  • Expand more icon29Manufacture of motor vehicles, trailers and semi-trailers

About AMMINEX EMISSIONS TECHNOLOGY A/S

AMMINEX EMISSIONS TECHNOLOGY A/S (CVR number: 34726973) is a company from HERLEV. The company reported a net sales of 4.7 mDKK in 2023, demonstrating a decline of -44 % compared to the previous year. The operating profit percentage was poor at -42.9 % (EBIT: -2 mDKK), while net earnings were -16.1 mDKK. The profitability of the company measured by Return on Assets (ROA) was -0.5 %, which can be considered poor and Return on Equity (ROE) was -35.4 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at -82.7 %. This indicates that the company's debt surpasses the value of its total assets, posing significant financial risk. AMMINEX EMISSIONS TECHNOLOGY A/S's liquidity measured by quick ratio was 0.2 which is at a very low level. Thus, the company is in an unstable financial position, with its liquid assets significantly undermatching its current liabilities. This severe liquidity deficiency may lead to financial distress and threaten the company's operational continuity.

Financial information

See financials

Net sales (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2019
2020
2021
2022
2023
Volume
Net sales21 899.0012 032.0014 196.008 343.004 675.00
Gross profit-6 313.004 585.008 332.00407.00- 293.00
EBIT-86 550.00- 390.004 778.00-1 504.00-2 005.00
Net earnings-86 397.00-8 042.00-1 995.00-10 487.00-16 145.00
Shareholders equity total- 175 716.00- 183 759.00- 185 754.00- 196 241.00- 212 386.00
Balance sheet total (assets)58 870.0042 304.0045 740.0044 166.0042 680.00
Net debt178 379.00191 531.00190 883.00198 384.00215 199.00
Profitability
EBIT-%-395.2 %-3.2 %33.7 %-18.0 %-42.9 %
ROA-36.6 %-0.2 %2.1 %-0.6 %-0.5 %
ROE-134.4 %-14.7 %-4.3 %-22.1 %-35.4 %
ROI-39.7 %-0.2 %2.1 %-0.6 %-0.5 %
Economic value added (EVA)-81 373.5610 209.3815 468.849 657.529 901.62
Solvency
Equity ratio-73.2 %-80.3 %-79.3 %-80.8 %-82.7 %
Gearing-121.6 %-120.0 %-122.0 %-119.9 %-118.8 %
Relative net indebtedness %910.4 %1637.9 %1378.9 %2438.7 %4662.3 %
Liquidity
Quick ratio2.410.224.50.20.2
Current ratio2.611.225.10.20.2
Cash and cash equivalents35 217.0028 994.0035 748.0036 948.0037 102.00
Capital use efficiency
Trade debtors turnover (days)64.650.762.639.535.6
Net working capital %144.0 %280.6 %284.0 %-2345.6 %-4512.8 %
Credit risk
Credit ratingBBBBBBBBBBB

Variable visualization

ROA:-0.49%
Rating: 20/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:-82.7%
Rating: 0/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

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