AFRY ApS — Credit Rating and Financial Key Figures

CVR number: 20246693
Viborgvej 1, 7400 Herning
tel: 97221905

Company information

Official name
AFRY ApS
Personnel
395 persons
Established
1997
Company form
Private limited company
Industry

About AFRY ApS

AFRY ApS (CVR number: 20246693) is a company from HERNING. The company reported a net sales of 424 mDKK in 2023, demonstrating a growth of 56.3 % compared to the previous year. The operating profit percentage was at 5.5 % (EBIT: 23.1 mDKK), while net earnings were 18.2 mDKK. The profitability of the company measured by Return on Assets (ROA) was 11 %, which can be considered good but Return on Equity (ROE) was 67.3 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 19.1 %, a level that can be considered to be very low. This means the company is highly leveraged, with most assets financed through debt. This high level of financial risk could pose challenges in periods of financial distress or rising interest rates. AFRY ApS's liquidity measured by quick ratio was 1.9 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
2019
2020
2021
2022
2023
Volume
Net sales124.90271.38424.04
Gross profit-0.07-0.0773.20165.95226.87
EBIT-0.07-0.071.2515.2523.13
Net earnings10.72-1.43-10.1411.5618.23
Shareholders equity total2.971.53-8.6117.9636.18
Balance sheet total (assets)51.4530.96128.39199.47225.91
Net debt64.3866.33
Profitability
EBIT-%1.0 %5.6 %5.5 %
ROA-0.1 %-0.2 %1.5 %9.1 %11.0 %
ROE40.7 %-63.7 %286.8 %247.4 %67.3 %
ROI-0.1 %-0.2 %1.5 %11.9 %17.4 %
Economic value added (EVA)-2.56-0.221.1712.3212.04
Solvency
Equity ratio100.0 %100.0 %10.8 %19.1 %
Gearing358.5 %183.3 %
Relative net indebtedness %52.7 %33.9 %
Liquidity
Quick ratio1.61.9
Current ratio1.21.4
Cash and cash equivalents
Capital use efficiency
Trade debtors turnover (days)134.2107.9
Net working capital %12.5 %13.8 %
Credit risk
Credit ratingBBBBBBBBBBBBA

Variable visualization

ROA:11.0%
Rating: 60/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:19.1%
Rating: 18/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

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