ATC FOOTWEAR A/S — Credit Rating and Financial Key Figures
Credit rating
Company information
About ATC FOOTWEAR A/S
ATC FOOTWEAR A/S (CVR number: 20522615) is a company from HERLEV. The company reported a net sales of 81 mDKK in 2023, demonstrating a decline of -9.5 % compared to the previous year. The operating profit percentage was at 2.3 % (EBIT: 1.9 mDKK), while net earnings were 2760.5 kDKK. The profitability of the company measured by Return on Assets (ROA) was 9.8 %, which can be considered good but Return on Equity (ROE) was 7.6 %, which can be considered decent. The equity ratio, a key indicator for solidity, stood at 85.2 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. ATC FOOTWEAR A/S's liquidity measured by quick ratio was 6.5 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 financialsNet sales (mDKK)
EBIT (mDKK)
Profitability
Solidity
Key figures (mDKK)
See financials2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | 73.90 | 64.95 | 82.62 | 89.45 | 80.95 |
Gross profit | 12.20 | 15.81 | 23.77 | 19.21 | 15.81 |
EBIT | -3.01 | 3.29 | 9.40 | 5.63 | 1.88 |
Net earnings | -0.79 | 0.54 | 8.24 | 9.71 | 2.76 |
Shareholders equity total | 20.64 | 21.17 | 29.42 | 36.38 | 36.14 |
Balance sheet total (assets) | 33.17 | 35.89 | 40.25 | 44.61 | 42.44 |
Net debt | -6.57 | 7.74 | 0.21 | -3.08 | -3.81 |
Profitability | |||||
EBIT-% | -4.1 % | 5.1 % | 11.4 % | 6.3 % | 2.3 % |
ROA | -1.9 % | 6.7 % | 29.7 % | 28.5 % | 9.8 % |
ROE | -3.7 % | 2.6 % | 32.6 % | 29.5 % | 7.6 % |
ROI | -2.9 % | 8.8 % | 34.6 % | 32.7 % | 10.9 % |
Economic value added (EVA) | -2.90 | 2.29 | 6.65 | 3.29 | 0.17 |
Solvency | |||||
Equity ratio | 62.2 % | 59.0 % | 73.2 % | 81.6 % | 85.2 % |
Gearing | 0.3 % | 41.3 % | 13.9 % | 8.3 % | 6.2 % |
Relative net indebtedness % | 7.5 % | 20.6 % | 8.2 % | 2.4 % | 0.0 % |
Liquidity | |||||
Quick ratio | 1.6 | 2.0 | 3.0 | 5.0 | 6.5 |
Current ratio | 2.2 | 2.6 | 4.6 | 7.3 | 10.0 |
Cash and cash equivalents | 6.64 | 1.01 | 3.87 | 6.09 | 6.04 |
Capital use efficiency | |||||
Trade debtors turnover (days) | 40.5 | 47.7 | 30.0 | 25.4 | 15.1 |
Net working capital % | 18.6 % | 27.1 % | 33.4 % | 39.0 % | 39.9 % |
Credit risk | |||||
Credit rating | A | AA | AA | A | A |
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