AF A/S — Credit Rating and Financial Key Figures

CVR number: 49649428
Sønderhøj 14, 8260 Viby J

Company information

Official name
AF A/S
Established
1973
Company form
Limited company
Industry

About AF A/S

AF A/S (CVR number: 49649428) is a company from AARHUS. The company recorded a gross profit of -22 kDKK in 2023. The operating profit was -22 kDKK, while net earnings were 37.7 mDKK. The profitability of the company measured by Return on Assets (ROA) was 5 %, which can be considered decent and Return on Equity (ROE) was 5.1 %, which can be considered decent. The equity ratio, a key indicator for solidity, stood at 94 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. AF A/S's liquidity measured by quick ratio was 0 which is at a very low level. Thus, the company is in an unstable financial position, with its liquid assets significantly undermatching its current liabilities. This severe liquidity deficiency may lead to financial distress and threaten the company's operational continuity.

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 profit-26.00-25.00-25.00-26.00-22.00
EBIT-26.00-25.00-25.00-26.00-22.00
Net earnings-36 798.00-1 035.00-10 911.00-6 068.0037 651.00
Shareholders equity total595 250.00570 782.00749 820.00716 690.00754 912.00
Balance sheet total (assets)632 058.00611 004.00791 569.00760 027.00802 994.00
Net debt36 808.0040 222.0041 749.0043 337.0048 082.00
Profitability
EBIT-%
ROA-5.5 %-0.1 %-2.1 %-0.5 %5.0 %
ROE-5.8 %-0.2 %-1.7 %-0.8 %5.1 %
ROI-5.5 %-0.1 %-2.1 %-0.5 %5.0 %
Economic value added (EVA)24 605.4521 334.7220 296.8728 959.1627 547.59
Solvency
Equity ratio94.2 %93.4 %94.7 %94.3 %94.0 %
Gearing6.2 %7.0 %5.6 %6.0 %6.4 %
Relative net indebtedness %
Liquidity
Quick ratio
Current ratio
Cash and cash equivalents
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBABBBBBBA

Variable visualization

ROA:5.05%
Rating: 43/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:94.0%
Rating: 75/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer
Chairman of the board
Board member
Board member

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