AS24 DANMARK A/S — Credit Rating and Financial Key Figures

CVR number: 27723403
Amerika Plads 29, 2100 København Ø

Credit rating

Company information

Official name
AS24 DANMARK A/S
Established
2004
Company form
Limited company
Industry
  • Expand more icon46Wholesale trade, except of motor vehicles and motorcycles

About AS24 DANMARK A/S

AS24 DANMARK A/S (CVR number: 27723403) is a company from KØBENHAVN. The company recorded a gross profit of 2024.4 kDKK in 2023. The operating profit was 2024.4 kDKK, while net earnings were 1477.5 kDKK. The profitability of the company measured by Return on Assets (ROA) was 9.3 %, which can be considered good but Return on Equity (ROE) was 69.9 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 6.8 %, 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. AS24 DANMARK A/S's liquidity measured by quick ratio was 1.1 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
20192020202120222023
Volume
Net sales
Gross profit1 925.671 811.823 187.422 685.772 024.36
EBIT1 925.671 811.823 187.422 685.772 024.36
Net earnings1 381.671 267.702 283.581 747.121 477.53
Shareholders equity total2 318.882 204.912 784.582 248.111 978.53
Balance sheet total (assets)15 808.6517 016.4518 949.1522 317.8128 979.94
Net debt- 352.06-4 057.07-7 913.70-9 608.64-7 590.22
Profitability
EBIT-%
ROA11.2 %11.4 %18.8 %14.1 %9.3 %
ROE84.9 %56.0 %91.5 %69.4 %69.9 %
ROI71.1 %65.3 %112.9 %104.7 %84.4 %
Economic value added (EVA)1 693.871 349.312 598.852 379.091 950.40
Solvency
Equity ratio14.7 %13.0 %14.7 %10.1 %6.8 %
Gearing30.0 %22.3 %18.2 %1.4 %70.9 %
Relative net indebtedness %
Liquidity
Quick ratio1.21.11.21.11.1
Current ratio1.21.11.21.11.1
Cash and cash equivalents1 047.014 549.388 421.879 639.148 992.79
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBBB

Variable visualization

ROA:9.32%
Rating: 55/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:6.83%
Rating: 7/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Companies in the same industry

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