AZANTA A/S — Credit Rating and Financial Key Figures
Credit rating
Company information
About AZANTA A/S
AZANTA A/S (CVR number: 28108915K) is a company from KØBENHAVN. The company reported a net sales of 43.7 mDKK in 2018, demonstrating a growth of 26.7 % compared to the previous year. The operating profit percentage was poor at -14.7 % (EBIT: -6.4 mDKK), while net earnings were -5813 kDKK. The profitability of the company measured by Return on Assets (ROA) was -17.3 %, which can be considered poor and Return on Equity (ROE) was -42 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 32.8 %, a level that can be considered to be low. This means a higher proportion of debt in its capital structure, indicating a greater reliance on borrowed funds. AZANTA A/S's liquidity measured by quick ratio was 1.6 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 financialsNet sales (mDKK)
EBIT (mDKK)
Profitability
Solidity
Key figures (mDKK)
See financials2016 | 2017 | 2018 | |
---|---|---|---|
Volume | |||
Net sales | 44.55 | 34.48 | 43.67 |
Gross profit | 8.83 | 2.00 | 7.37 |
EBIT | 0.64 | -9.74 | -6.43 |
Net earnings | 1.73 | -8.58 | -5.81 |
Shareholders equity total | 23.64 | 16.79 | 10.87 |
Balance sheet total (assets) | 56.06 | 39.84 | 33.15 |
Net debt | -9.71 | -5.79 | -10.84 |
Profitability | |||
EBIT-% | 1.4 % | -28.3 % | -14.7 % |
ROA | 1.2 % | -20.3 % | -17.3 % |
ROE | 7.3 % | -42.5 % | -42.0 % |
ROI | 1.5 % | -25.8 % | -25.5 % |
Economic value added (EVA) | 0.46 | -6.41 | -4.50 |
Solvency | |||
Equity ratio | 66.0 % | 42.1 % | 32.8 % |
Gearing | 89.3 % | 83.1 % | |
Relative net indebtedness % | 3.6 % | 9.6 % | 26.2 % |
Liquidity | |||
Quick ratio | 2.6 | 1.3 | 1.6 |
Current ratio | 2.9 | 1.7 | 2.2 |
Cash and cash equivalents | 30.81 | 19.73 | 10.84 |
Capital use efficiency | |||
Trade debtors turnover (days) | 117.6 | 55.9 | 73.7 |
Net working capital % | 79.1 % | 44.0 % | 39.8 % |
Credit risk | |||
Credit rating | AA | BBB | BBB |
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