AFG Logistics IVS — Credit Rating and Financial Key Figures

AFG Logistics IVS (CVR number: 39513013) is a company from HVIDOVRE. The company reported a net sales of 0.1 mDKK in 2019. The operating profit percentage was at 9.6 % (EBIT: 0 mDKK), while net earnings were 5.9 kDKK. The profitability of the company measured by Return on Assets (ROA) was 6.6 %, which can be considered decent but Return on Equity (ROE) was 9.8 %, which can be considered good. The equity ratio, a key indicator for solidity, stood at 52.2 %, a level that can be considered to be modest. This means a balanced mix of debt and equity financing its assets—a typical operational level for many companies. AFG Logistics IVS'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.