Afrin Holding ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About Afrin Holding ApS
Afrin Holding ApS (CVR number: 43055577) is a company from HORSENS. The company recorded a gross profit of -8.6 kDKK in 2024. The operating profit was -8.6 kDKK, while net earnings were 486.6 kDKK. The profitability of the company measured by Return on Assets (ROA) was 60 %, which can be considered excellent and Return on Equity (ROE) was 85.4 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 63.9 %, 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. Afrin Holding ApS's liquidity measured by quick ratio was 1.5 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 financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2022 | 2023 | 2024 | |
|---|---|---|---|
| Volume | |||
| Net sales | |||
| Gross profit | -4.79 | -4.33 | -8.55 |
| EBIT | -4.79 | -4.33 | -8.55 |
| Net earnings | 12.19 | 274.32 | 486.57 |
| Shareholders equity total | 52.19 | 326.51 | 813.09 |
| Balance sheet total (assets) | 56.98 | 343.49 | 1 272.41 |
| Net debt | 1.66 | 5.05 | 454.48 |
| Profitability | |||
| EBIT-% | |||
| ROA | 19.8 % | 136.5 % | 60.0 % |
| ROE | 23.4 % | 144.9 % | 85.4 % |
| ROI | 20.9 % | 138.6 % | 60.2 % |
| Economic value added (EVA) | -4.79 | -7.03 | -23.76 |
| Solvency | |||
| Equity ratio | 91.6 % | 95.1 % | 63.9 % |
| Gearing | 3.2 % | 4.2 % | 56.1 % |
| Relative net indebtedness % | |||
| Liquidity | |||
| Quick ratio | 0.2 | 0.6 | 1.5 |
| Current ratio | 0.2 | 0.6 | 1.5 |
| Cash and cash equivalents | 8.80 | 1.72 | |
| Capital use efficiency | |||
| Trade debtors turnover (days) | |||
| Net working capital % | |||
| Credit risk | |||
| Credit rating | BB | BB | BBB |
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