AFT ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About AFT ApS
AFT ApS (CVR number: 10073936) is a company from RUDERSDAL. The company reported a net sales of 0.2 mDKK in 2023, demonstrating a decline of -38.8 % compared to the previous year. The operating profit percentage was poor at -28.8 % (EBIT: -0.1 mDKK), while net earnings were -110.9 kDKK. The profitability of the company measured by Return on Assets (ROA) was -6.8 %, which can be considered poor and Return on Equity (ROE) was -18.7 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at -43.4 %. This indicates that the company's debt surpasses the value of its total assets, posing significant financial risk. AFT ApS's liquidity measured by quick ratio was 0.6 which is at a low level. Thus, the company may face difficulties in addressing its short-term obligations with its available liquid assets.
Financial information
See financialsNet sales (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | 303.66 | 387.63 | 391.09 | 386.14 | 236.36 |
Gross profit | -12.83 | 77.71 | 41.50 | 1.52 | -67.95 |
EBIT | -27.17 | 64.87 | 33.53 | -2.53 | -67.95 |
Net earnings | -38.83 | 48.10 | 18.69 | -17.96 | - 110.90 |
Shareholders equity total | - 397.19 | - 349.09 | - 330.40 | - 348.36 | - 459.26 |
Balance sheet total (assets) | 463.95 | 557.08 | 608.38 | 584.38 | 599.05 |
Net debt | 740.55 | 412.11 | 628.03 | 709.70 | 401.95 |
Profitability | |||||
EBIT-% | -8.9 % | 16.7 % | 8.6 % | -0.7 % | -28.8 % |
ROA | -3.2 % | 7.3 % | 3.6 % | -0.3 % | -6.8 % |
ROE | -8.3 % | 9.4 % | 3.2 % | -3.0 % | -18.7 % |
ROI | -3.6 % | 8.0 % | 3.9 % | -0.3 % | -7.1 % |
Economic value added (EVA) | 4.12 | 86.54 | 72.87 | 26.26 | -40.04 |
Solvency | |||||
Equity ratio | -46.1 % | -38.5 % | -35.2 % | -37.3 % | -43.4 % |
Gearing | -195.0 % | -242.3 % | -263.5 % | -263.2 % | -216.1 % |
Relative net indebtedness % | 272.4 % | 121.9 % | 178.0 % | 187.9 % | 198.0 % |
Liquidity | |||||
Quick ratio | 0.4 | 0.5 | 0.6 | 0.6 | 0.6 |
Current ratio | 0.5 | 0.6 | 0.6 | 0.6 | 0.6 |
Cash and cash equivalents | 34.07 | 433.75 | 242.46 | 207.04 | 590.36 |
Capital use efficiency | |||||
Trade debtors turnover (days) | 362.5 | 323.8 | 325.6 | ||
Net working capital % | -139.0 % | -93.2 % | -85.5 % | -90.2 % | -194.3 % |
Credit risk | |||||
Credit rating | BB | BB | BB | BB | BB |
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