ATC FOOTWEAR A/S — Credit Rating and Financial Key Figures

CVR number: 20522615
Tvedvangen 278, 2730 Herlev
tel: 44916778

Company information

Official name
ATC FOOTWEAR A/S
Personnel
26 persons
Established
1944
Company form
Limited company
Industry

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 financials

Net sales (mDKK)

EBIT (mDKK)

Profitability

Solidity

Key figures (mDKK)

See financials
2019
2020
2021
2022
2023
Volume
Net sales73.9064.9582.6289.4580.95
Gross profit12.2015.8123.7719.2115.81
EBIT-3.013.299.405.631.88
Net earnings-0.790.548.249.712.76
Shareholders equity total20.6421.1729.4236.3836.14
Balance sheet total (assets)33.1735.8940.2544.6142.44
Net debt-6.577.740.21-3.08-3.81
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)-2.902.296.653.290.17
Solvency
Equity ratio62.2 %59.0 %73.2 %81.6 %85.2 %
Gearing0.3 %41.3 %13.9 %8.3 %6.2 %
Relative net indebtedness %7.5 %20.6 %8.2 %2.4 %0.0 %
Liquidity
Quick ratio1.62.03.05.06.5
Current ratio2.22.64.67.310.0
Cash and cash equivalents6.641.013.876.096.04
Capital use efficiency
Trade debtors turnover (days)40.547.730.025.415.1
Net working capital %18.6 %27.1 %33.4 %39.0 %39.9 %
Credit risk
Credit ratingAAAAAAA

Variable visualization

ROA:9.76%
Rating: 56/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:85.2%
Rating: 65/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Board member
Chairman of the board

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