AK Electric ApS — Credit Rating and Financial Key Figures

CVR number: 36943246
Slotsvej 4, 4300 Holbæk
ak@ak-electric.dk
tel: 30511115

Credit rating

Company information

Official name
AK Electric ApS
Personnel
5 persons
Established
2015
Company form
Private limited company
Industry

About AK Electric ApS

AK Electric ApS (CVR number: 36943246) is a company from HOLBÆK. The company recorded a gross profit of 1897.9 kDKK in 2023. The operating profit was 207.9 kDKK, while net earnings were 153.6 kDKK. The profitability of the company measured by Return on Assets (ROA) was 16.1 %, which can be considered excellent and Return on Equity (ROE) was 32.7 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 36.8 %, 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 Electric ApS's liquidity measured by quick ratio was 1.2 which is at a high level. Thus, the company is in a strong financial position, with liquid assets surpassing current liabilities. It is well-prepared to cover short-term financial obligations.

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 profit2 129.001 912.001 982.001 335.001 897.91
EBIT131.0038.00110.00- 161.00207.93
Net earnings89.0015.0075.00- 150.00153.55
Shareholders equity total453.00468.00543.00393.00546.44
Balance sheet total (assets)1 524.001 785.001 855.001 098.001 484.36
Net debt271.00154.00- 200.00143.00173.12
Profitability
EBIT-%
ROA9.3 %2.3 %6.0 %-10.9 %16.1 %
ROE21.8 %3.3 %14.8 %-32.1 %32.7 %
ROI18.5 %5.1 %16.6 %-26.6 %30.6 %
Economic value added (EVA)83.044.3860.67- 146.38148.06
Solvency
Equity ratio29.7 %26.2 %29.3 %35.8 %36.8 %
Gearing59.8 %32.9 %36.4 %31.7 %
Relative net indebtedness %
Liquidity
Quick ratio1.11.11.11.21.2
Current ratio1.11.11.11.21.4
Cash and cash equivalents200.00
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBBBBBBBB

Variable visualization

ROA:16.1%
Rating: 68/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:36.8%
Rating: 31/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer

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