AC DEVELOPMENT ApS — Credit Rating and Financial Key Figures

CVR number: 31252598
Jernholmen 2, 2650 Hvidovre
thomas@brockmann.dk
tel: 22830163

Company information

Official name
AC DEVELOPMENT ApS
Personnel
2 persons
Established
2008
Company form
Private limited company
Industry

About AC DEVELOPMENT ApS

AC DEVELOPMENT ApS (CVR number: 31252598) is a company from HVIDOVRE. The company recorded a gross profit of 7620.6 kDKK in 2023. The operating profit was 2347.9 kDKK, while net earnings were 1880 kDKK. The profitability of the company measured by Return on Assets (ROA) was 78.2 %, which can be considered excellent and Return on Equity (ROE) was 75 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 79.8 %, a level that can be considered to be good. This shows that a large part of the company's assets are funded by shareholders' equity, reducing financial risk. AC DEVELOPMENT ApS's liquidity measured by quick ratio was 3.9 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 (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2019
2020
2021
2022
2023
Volume
Net sales5 507.53
Gross profit5 507.531 475.225 189.035 764.407 620.59
EBIT489.34- 515.97568.08770.042 347.88
Net earnings393.35- 391.64440.25577.951 879.97
Shareholders equity total1 069.01606.721 046.971 624.923 390.49
Balance sheet total (assets)2 258.711 507.731 468.942 031.424 247.77
Net debt- 602.3555.62- 193.71- 447.86- 546.11
Profitability
EBIT-%8.9 %
ROA26.4 %-27.0 %38.8 %44.7 %78.2 %
ROE45.1 %-46.7 %53.2 %43.3 %75.0 %
ROI41.2 %-48.8 %59.8 %54.8 %93.8 %
Economic value added (EVA)375.62- 408.54424.54543.191 754.84
Solvency
Equity ratio47.3 %40.2 %71.3 %80.0 %79.8 %
Gearing22.0 %28.3 %10.3 %
Relative net indebtedness %6.4 %
Liquidity
Quick ratio2.01.52.43.73.9
Current ratio2.01.52.43.73.9
Cash and cash equivalents837.15115.98301.48447.86546.11
Capital use efficiency
Trade debtors turnover (days)50.2
Net working capital %17.9 %
Credit risk
Credit ratingBBBBBBAAA

Variable visualization

ROA:78.2%
Rating: 100/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:79.8%
Rating: 59/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Companies in the same industry

Try the full version of our system for free
Bankruptcy risk visualization example

... and more!

No registration needed.