ALFA DEVELOPMENT A/S — Credit Rating and Financial Key Figures

CVR number: 27528449
Knud Højgaards Vej 2, 2860 Søborg
info@alfadev.dk
tel: 39200250

Company information

Official name
ALFA DEVELOPMENT A/S
Personnel
36 persons
Established
2006
Company form
Limited company
Industry

About ALFA DEVELOPMENT A/S

ALFA DEVELOPMENT A/S (CVR number: 27528449K) is a company from GLADSAXE. The company reported a net sales of 118.2 mDKK in 2024, demonstrating a decline of -54 % compared to the previous year. The operating profit percentage was at 6.8 % (EBIT: 8.1 mDKK), while net earnings were -5283 kDKK. The profitability of the company measured by Return on Assets (ROA) was 0.9 %, which can be considered weak but Return on Equity (ROE) was -0.5 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 52.1 %, 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. ALFA DEVELOPMENT A/S's liquidity measured by quick ratio was 2.5 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 financials

Net sales (mDKK)

EBIT (mDKK)

Profitability

Solidity

Key figures (mDKK)

See financials
2020
2021
2022
2023
2024
Volume
Net sales691.67605.20310.05256.87118.18
Gross profit251.91249.71174.1424.6535.66
EBIT215.25208.56139.5640.768.07
Net earnings158.05152.46132.6070.89-5.28
Shareholders equity total898.721 065.561 198.171 129.05998.77
Balance sheet total (assets)2 769.942 215.182 718.142 249.431 917.35
Net debt-96.95548.481 083.21366.16529.72
Profitability
EBIT-%31.1 %34.5 %45.0 %15.9 %6.8 %
ROA7.9 %8.7 %7.1 %4.7 %0.9 %
ROE19.2 %15.5 %11.7 %6.1 %-0.5 %
ROI7.9 %9.1 %7.6 %4.9 %0.9 %
Economic value added (EVA)132.97119.4322.09-94.36- 103.87
Solvency
Equity ratio100.0 %48.5 %44.4 %50.2 %52.1 %
Gearing73.3 %102.8 %87.6 %81.1 %
Relative net indebtedness %-14.0 %129.2 %388.6 %169.2 %487.0 %
Liquidity
Quick ratio1.40.52.12.5
Current ratio2.40.82.63.7
Cash and cash equivalents96.95232.20148.23623.18280.31
Capital use efficiency
Trade debtors turnover (days)0.32.90.30.4
Net working capital %14.0 %82.6 %-49.0 %197.8 %291.4 %
Credit risk
Credit ratingBBBAAAAAAAAAAA

Variable visualization

ROA:0.87%
Rating: 24/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:52.1%
Rating: 41/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer
Board member
Board member
Board member
Chief executive officer

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