AFK FORMUE ApS — Credit Rating and Financial Key Figures

CVR number: 34882398
Hannemanns Allé 10 F, 2300 København S
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Company information

Official name
AFK FORMUE ApS
Personnel
1 person
Established
2012
Company form
Private limited company
Industry

About AFK FORMUE ApS

AFK FORMUE ApS (CVR number: 34882398) is a company from KØBENHAVN. The company reported a net sales of 0.1 mDKK in 2023, demonstrating a decline of -79.6 % compared to the previous year. The operating profit percentage was poor at -80.4 % (EBIT: -0.1 mDKK), while net earnings were -111.9 kDKK. The profitability of the company measured by Return on Assets (ROA) was -43.2 %, which can be considered poor and Return on Equity (ROE) was -60.2 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 83.4 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. AFK FORMUE ApS's liquidity measured by quick ratio was 6 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 (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2019
2020
2021
2022
2023
Volume
Net sales787.36713.58593.19673.06137.61
Gross profit345.20367.06206.17281.31-6.16
EBIT-60.24159.03-29.6835.23- 110.61
Net earnings-68.50140.77-34.6232.62- 111.92
Shareholders equity total109.64250.41215.79248.41123.74
Balance sheet total (assets)177.97367.18341.89363.90148.40
Net debt-90.74- 202.90- 145.90- 106.41-43.30
Profitability
EBIT-%-7.7 %22.3 %-5.0 %5.2 %-80.4 %
ROA-28.9 %58.3 %-8.4 %10.0 %-43.2 %
ROE-47.6 %78.2 %-14.9 %14.1 %-60.2 %
ROI-41.8 %88.3 %-12.7 %15.2 %-59.4 %
Economic value added (EVA)-60.70141.53-32.0731.72- 117.75
Solvency
Equity ratio61.6 %68.2 %63.1 %68.3 %83.4 %
Gearing
Relative net indebtedness %-2.8 %-12.1 %-3.3 %1.3 %-13.5 %
Liquidity
Quick ratio1.42.42.02.16.0
Current ratio1.42.42.02.16.0
Cash and cash equivalents90.74202.90145.90106.4143.30
Capital use efficiency
Trade debtors turnover (days)32.351.860.0207.8
Net working capital %3.1 %23.2 %22.0 %19.4 %89.9 %
Credit risk
Credit ratingBBBBBBBBBBBB

Variable visualization

ROA:-43.2%
Rating: 0/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:83.4%
Rating: 63/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Companies in the same industry

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