AK Byggeteknik ApS — Credit Rating and Financial Key Figures

CVR number: 40432434
Paassaasivik 1 A, 3900 Nuuk
akbyggeteknik@akbyggeteknik.gl

Company information

Official name
AK Byggeteknik ApS
Established
2019
Company form
Private limited company
Industry

About AK Byggeteknik ApS

AK Byggeteknik ApS (CVR number: 40432434) is a company from SERMERSOOQ. The company recorded a gross profit of 24.7 mDKK in 2023. The operating profit was 3319.5 kDKK, while net earnings were 1599.4 kDKK. The profitability of the company measured by Return on Assets (ROA) was 11.9 %, which can be considered good but Return on Equity (ROE) was 22.5 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 26.8 %, a level that can be considered to be low. This means a higher proportion of debt in its capital structure, indicating a greater reliance on borrowed funds. AK Byggeteknik ApS's liquidity measured by quick ratio was 0.4 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

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2019
2020
2021
2022
2023
Volume
Net sales
Gross profit7 909.7613 528.6419 121.9223 516.9924 683.76
EBIT848.633 130.445 485.52778.473 319.51
Net earnings524.641 956.863 673.40112.621 599.44
Shareholders equity total574.642 531.506 204.906 317.527 916.97
Balance sheet total (assets)5 691.9313 014.9418 341.6426 144.7929 561.00
Net debt1 573.894 812.733 570.197 604.619 545.88
Profitability
EBIT-%
ROA14.9 %33.6 %35.0 %3.5 %11.9 %
ROE91.3 %126.0 %84.1 %1.8 %22.5 %
ROI31.0 %52.8 %50.6 %5.6 %19.1 %
Economic value added (EVA)618.372 291.593 975.55205.212 042.17
Solvency
Equity ratio10.1 %19.5 %34.6 %24.2 %26.8 %
Gearing342.5 %226.2 %69.1 %120.4 %120.6 %
Relative net indebtedness %
Liquidity
Quick ratio0.60.70.90.50.4
Current ratio0.60.70.90.50.4
Cash and cash equivalents394.37913.51715.27
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBAAAAAA

Variable visualization

ROA:11.9%
Rating: 61/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:26.8%
Rating: 24/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer

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