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
34 persons
Established
1991
Company form
Limited company
Industry

About AFATEK A/S

AFATEK A/S (CVR number: 15105909) is a company from NÆSTVED. The company recorded a gross profit of 24.2 mDKK in 2024. The operating profit was 5150.6 kDKK, while net earnings were 3904.9 kDKK. The profitability of the company measured by Return on Assets (ROA) was 11.1 %, which can be considered good but Return on Equity (ROE) was 33.6 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 18.6 %, 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 2.8 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
2020
2021
2022
2023
2024
Volume
Net sales94.7790.14103.00
Gross profit11.4314.8316.5221.5324.18
EBIT0.520.810.53-0.255.15
Net earnings0.240.360.270.283.90
Shareholders equity total13.0213.3813.6513.939.33
Balance sheet total (assets)47.5970.6894.0350.2050.29
Net debt-53.78-11.09-5.73
Profitability
EBIT-%0.5 %0.9 %0.5 %
ROA0.9 %1.4 %0.8 %0.5 %11.1 %
ROE1.9 %2.8 %2.0 %2.0 %33.6 %
ROI0.9 %1.4 %1.3 %1.6 %17.2 %
Economic value added (EVA)-0.120.15-0.27-1.342.66
Solvency
Equity ratio100.0 %100.0 %20.7 %42.3 %18.6 %
Gearing
Relative net indebtedness %17.0 %
Liquidity
Quick ratio1.84.12.8
Current ratio1.11.43.2
Cash and cash equivalents53.7811.095.73
Capital use efficiency
Trade debtors turnover (days)50.4
Net working capital %7.3 %
Credit risk
Credit ratingBBBBBBBBBBBBA

Variable visualization

ROA:11.1%
Rating: 60/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:18.6%
Rating: 18/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Board member
Chairman of the board

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