AB A/S — Credit Rating and Financial Key Figures
Credit rating
Company information
About AB A/S
AB A/S (CVR number: 29217238) is a company from GLADSAXE. The company recorded a gross profit of -3309.1 kDKK in 2023. The operating profit was -17.6 mDKK, while net earnings were -17.6 mDKK. The profitability of the company measured by Return on Assets (ROA) was -93.6 %, which can be considered poor and Return on Equity (ROE) was -101.8 %, which can be considered poor. 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. AB A/S's liquidity measured by quick ratio was 4.6 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 financials2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | |||||
Gross profit | 4 598.55 | 3 045.29 | 2 064.98 | 1 248.96 | -3 309.05 |
EBIT | 192.47 | - 423.47 | -1 255.16 | -2 458.32 | -17 587.55 |
Net earnings | 114.48 | - 490.73 | -1 330.87 | -2 651.05 | -17 594.96 |
Shareholders equity total | - 478.98 | - 969.71 | -2 300.57 | 26 082.59 | 8 487.63 |
Balance sheet total (assets) | 3 044.14 | 2 239.08 | 1 471.70 | 26 928.54 | 10 637.40 |
Net debt | 1 039.46 | 837.95 | 987.33 | -25 727.02 | -8 402.08 |
Profitability | |||||
EBIT-% | |||||
ROA | 5.9 % | -12.4 % | -36.0 % | -15.9 % | -93.6 % |
ROE | 4.8 % | -18.6 % | -71.7 % | -19.2 % | -101.8 % |
ROI | 13.9 % | -32.1 % | -98.6 % | -17.9 % | -101.7 % |
Economic value added (EVA) | 270.54 | - 397.72 | -1 193.62 | -2 341.27 | -17 605.42 |
Solvency | |||||
Equity ratio | 17.1 % | 1.4 % | -46.9 % | 96.9 % | 79.8 % |
Gearing | -224.0 % | -112.7 % | -44.2 % | ||
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 1.1 | 1.0 | 0.4 | 31.5 | 4.6 |
Current ratio | 1.1 | 1.0 | 0.4 | 31.5 | 4.7 |
Cash and cash equivalents | 33.59 | 254.95 | 28.80 | 25 727.02 | 8 402.08 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | BB | BB | C | BBB | BB |
Variable visualization
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