AFRINORD HOTEL INVESTMENTS A/S — Credit Rating and Financial Key Figures

CVR number: 29621675
Amager Boulevard 70, 2300 København S
corporate.accounting@radissonhotels.com
tel: 32344170

Company information

Official name
AFRINORD HOTEL INVESTMENTS A/S
Established
2006
Company form
Limited company
Industry

About AFRINORD HOTEL INVESTMENTS A/S

AFRINORD HOTEL INVESTMENTS A/S (CVR number: 29621675) is a company from KØBENHAVN. The company recorded a gross profit of -9.9 kEUR in 2023. The operating profit was -9.9 kEUR, while net earnings were 2.2 kEUR. The profitability of the company measured by Return on Assets (ROA) was 0.4 %, which can be considered weak and Return on Equity (ROE) was 0.6 %, which can be considered weak. The equity ratio, a key indicator for solidity, stood at 95 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. AFRINORD HOTEL INVESTMENTS A/S's liquidity measured by quick ratio was 20.1 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

Gross profit (kEUR)

EBIT (kEUR)

Profitability

Solidity

Key figures (kEUR)

See financials
2019
2020
2021
2022
2023
Volume
Net sales226.85
Gross profit-3.88-31.31-8.45-5.32-9.95
EBIT-3.88-31.31-8.45-5.32-9.95
Net earnings-3.10-40.75-9.11-6.882.25
Shareholders equity total420.69379.94370.83363.95366.19
Balance sheet total (assets)6 491.42417.56391.13383.63385.34
Net debt- 438.80- 415.44- 391.13- 383.63- 385.34
Profitability
EBIT-%-1.7 %
ROA14.1 %407.4 %634.1 %497.9 %0.4 %
ROE-0.7 %-10.2 %-2.4 %-1.9 %0.6 %
ROI45.9 %236.0 %333.5 %448.6 %0.5 %
Economic value added (EVA)-2.91-30.40-7.49-4.30-8.96
Solvency
Equity ratio6.5 %91.0 %94.8 %94.9 %95.0 %
Gearing
Relative net indebtedness %2482.7 %
Liquidity
Quick ratio21.711.119.319.520.1
Current ratio21.711.119.319.520.1
Cash and cash equivalents438.80415.44391.13383.63385.34
Capital use efficiency
Trade debtors turnover (days)
Net working capital %185.5 %
Credit risk
Credit ratingBBBCCBC

Variable visualization

ROA:0.43%
Rating: 22/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:95.0%
Rating: 76/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer

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