AFATEK A/S — Credit Rating and Financial Key Figures

CVR number: 15105909
Gartnervej 40, 4684 Holmegaard
mail@afatek.dk
tel: 39667800

Company information

Official name
AFATEK A/S
Personnel
26 persons
Established
1991
Company form
Limited company
Industry

About AFATEK A/S

AFATEK A/S (CVR number: 15105909K) is a company from NÆSTVED. The company reported a net sales of 86.3 mDKK in 2017. The operating profit percentage was at 0.9 % (EBIT: 0.8 mDKK), while net earnings were 173 kDKK. The profitability of the company measured by Return on Assets (ROA) was 0.9 %, which can be considered weak and Return on Equity (ROE) was 1.4 %, which can be considered weak. The equity ratio, a key indicator for solidity, stood at 17.4 %, a level that can be considered to be very low. This means the company is highly leveraged, with most assets financed through debt. This high level of financial risk could pose challenges in periods of financial distress or rising interest rates. AFATEK A/S's liquidity measured by quick ratio was 0.9 which is at a modest level. Thus, the company's liquid assets are in relative balance with its short-term liabilities, indicating a moderate liquidity position. While it's likely to meet its current obligations, financial flexibility may be constrained, and unexpected costs could pose challenges.

Financial information

See financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2017
Volume
Net sales86 257.24
Gross profit13 099.24
EBIT793.59
Net earnings173.00
Shareholders equity total12 556.83
Balance sheet total (assets)89 305.99
Net debt21 614.95
Profitability
EBIT-%0.9 %
ROA0.9 %
ROE1.4 %
ROI1.4 %
Economic value added (EVA)663.06
Solvency
Equity ratio17.4 %
Gearing282.2 %
Relative net indebtedness %61.1 %
Liquidity
Quick ratio0.9
Current ratio0.6
Cash and cash equivalents13 821.04
Capital use efficiency
Trade debtors turnover (days)16.2
Net working capital %-22.2 %
Credit risk
Credit ratingAA

Variable visualization

ROA:0.94%
Rating: 25/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:17.4%
Rating: 17/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

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