AFRINORD HOTEL INVESTMENTS A/S — Credit Rating and Financial Key Figures
Credit rating
Company information
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 financialsGross profit (kEUR)
EBIT (kEUR)
Profitability
Solidity
Key figures (kEUR)
See financials2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | 226.85 | ||||
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 | -6.88 | 2.25 |
Shareholders equity total | 420.69 | 379.94 | 370.83 | 363.95 | 366.19 |
Balance sheet total (assets) | 6 491.42 | 417.56 | 391.13 | 383.63 | 385.34 |
Net debt | - 438.80 | - 415.44 | - 391.13 | - 383.63 | - 385.34 |
Profitability | |||||
EBIT-% | -1.7 % | ||||
ROA | 14.1 % | 407.4 % | 634.1 % | 497.9 % | 0.4 % |
ROE | -0.7 % | -10.2 % | -2.4 % | -1.9 % | 0.6 % |
ROI | 45.9 % | 236.0 % | 333.5 % | 448.6 % | 0.5 % |
Economic value added (EVA) | -2.91 | -30.40 | -7.49 | -4.30 | -8.96 |
Solvency | |||||
Equity ratio | 6.5 % | 91.0 % | 94.8 % | 94.9 % | 95.0 % |
Gearing | |||||
Relative net indebtedness % | 2482.7 % | ||||
Liquidity | |||||
Quick ratio | 21.7 | 11.1 | 19.3 | 19.5 | 20.1 |
Current ratio | 21.7 | 11.1 | 19.3 | 19.5 | 20.1 |
Cash and cash equivalents | 438.80 | 415.44 | 391.13 | 383.63 | 385.34 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | 185.5 % | ||||
Credit risk | |||||
Credit rating | BBB | C | C | B | C |
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