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AFN-HOLDING ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About AFN-HOLDING ApS
AFN-HOLDING ApS (CVR number: 19237648) is a company from STRUER. The company recorded a gross profit of 0 kDKK in 2024. The operating profit was -105.5 kDKK, while net earnings were 245.6 kDKK. The profitability of the company measured by Return on Assets (ROA) was 7 %, which can be considered decent but Return on Equity (ROE) was 1.1 %, which can be considered weak. The equity ratio, a key indicator for solidity, stood at 96.8 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. AFN-HOLDING ApS's liquidity measured by quick ratio was 27.4 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 (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2020 | 2021 | 2022 | 2023 | 2024 | |
|---|---|---|---|---|---|
| Volume | |||||
| Net sales | |||||
| Gross profit | 45.00 | 22.50 | |||
| EBIT | -47.81 | -81.76 | -79.96 | -73.53 | - 105.46 |
| Net earnings | 3 429.11 | -1 868.19 | 1 917.29 | 2 759.77 | 245.60 |
| Shareholders equity total | 19 857.77 | 17 876.58 | 19 679.47 | 22 321.44 | 22 445.04 |
| Balance sheet total (assets) | 22 285.82 | 20 356.36 | 21 601.21 | 24 476.31 | 23 186.98 |
| Net debt | -17 768.25 | -14 619.48 | -14 996.53 | -17 338.73 | -19 027.38 |
| Profitability | |||||
| EBIT-% | |||||
| ROA | 21.2 % | 3.9 % | 10.8 % | 14.9 % | 7.0 % |
| ROE | 18.8 % | -9.9 % | 10.2 % | 13.1 % | 1.1 % |
| ROI | 21.9 % | 4.0 % | 10.8 % | 14.9 % | 7.0 % |
| Economic value added (EVA) | - 978.20 | -1 142.56 | -1 083.99 | -1 141.21 | -1 311.35 |
| Solvency | |||||
| Equity ratio | 89.1 % | 87.8 % | 91.1 % | 91.2 % | 96.8 % |
| Gearing | 8.1 % | 13.7 % | 9.6 % | 9.6 % | 3.2 % |
| Relative net indebtedness % | |||||
| Liquidity | |||||
| Quick ratio | 8.0 | 7.2 | 9.1 | 9.1 | 27.4 |
| Current ratio | 8.0 | 7.2 | 9.1 | 9.1 | 27.4 |
| Cash and cash equivalents | 19 373.58 | 17 073.71 | 16 886.31 | 19 475.48 | 19 747.94 |
| Capital use efficiency | |||||
| Trade debtors turnover (days) | |||||
| Net working capital % | |||||
| Credit risk | |||||
| Credit rating | A | BBB | A | A | A |
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