Armicon ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About Armicon ApS
Armicon ApS (CVR number: 37205028) is a company from TÅRNBY. The company recorded a gross profit of -1.4 kDKK in 2024. The operating profit was -8.3 kDKK, while net earnings were -6.9 kDKK. The profitability of the company measured by Return on Assets (ROA) was -4.3 %, which can be considered poor and Return on Equity (ROE) was -14.1 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 23.6 %, 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. Armicon ApS's liquidity measured by quick ratio was 1.3 which is at a high level. Thus, the company is in a strong financial position, with liquid assets surpassing current liabilities. It is well-prepared to cover short-term financial obligations.
Financial information
See financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2020 | 2021 | 2022 | 2023 | 2024 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | |||||
Gross profit | 23.68 | 16.43 | 12.31 | 2.21 | -1.36 |
EBIT | 7.63 | 6.42 | 5.34 | -4.76 | -8.32 |
Net earnings | 7.22 | 5.99 | 1.09 | -3.04 | -6.92 |
Shareholders equity total | 213.46 | 219.45 | 55.54 | 52.51 | 45.59 |
Balance sheet total (assets) | 252.41 | 244.55 | 324.99 | 192.31 | 192.85 |
Net debt | -72.93 | -77.03 | 26.27 | -33.46 | -45.18 |
Profitability | |||||
EBIT-% | |||||
ROA | 3.5 % | 3.5 % | 2.6 % | -1.8 % | -4.3 % |
ROE | 3.4 % | 2.8 % | 0.8 % | -5.6 % | -14.1 % |
ROI | 4.0 % | 3.7 % | 3.1 % | -2.5 % | -6.6 % |
Economic value added (EVA) | 4.89 | -1.27 | -1.01 | 0.85 | -3.69 |
Solvency | |||||
Equity ratio | 84.6 % | 89.7 % | 17.1 % | 27.3 % | 23.6 % |
Gearing | 7.3 % | 7.3 % | 348.3 % | 147.7 % | 156.5 % |
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 5.5 | 8.4 | 1.1 | 1.3 | 1.3 |
Current ratio | 5.9 | 8.6 | 1.1 | 1.3 | 1.3 |
Cash and cash equivalents | 88.57 | 92.98 | 167.17 | 111.00 | 116.51 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | BB | BB | BB | BB | B |
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