AKTIESELSKABET AF 1. MAJ 1916 — Credit Rating and Financial Key Figures
Credit rating
Company information
About AKTIESELSKABET AF 1. MAJ 1916
AKTIESELSKABET AF 1. MAJ 1916 (CVR number: 12710917K) is a company from HILLERØD. The company reported a net sales of 3.4 mDKK in 2021, demonstrating a growth of 592 % compared to the previous year. The operating profit percentage was at 76.3 % (EBIT: 2.6 mDKK), while net earnings were 10.2 mDKK. The profitability of the company measured by Return on Assets (ROA) was 7 %, which can be considered decent and Return on Equity (ROE) was 6.7 %, which can be considered decent. The equity ratio, a key indicator for solidity, stood at 62.7 %, a level that can be considered to be good. This shows that a large part of the company's assets are funded by shareholders' equity, reducing financial risk. AKTIESELSKABET AF 1. MAJ 1916's liquidity measured by quick ratio was 8.2 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 financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2020 | 2021 | |
---|---|---|
Volume | ||
Net sales | 498.04 | 3 446.62 |
Gross profit | 674.36 | 3 206.10 |
EBIT | 5 394.88 | 2 631.23 |
Net earnings | 17 212.66 | 10 202.67 |
Shareholders equity total | 152 630.48 | 152 833.15 |
Balance sheet total (assets) | 241 753.96 | 243 933.96 |
Net debt | 10 322.16 | -4 830.01 |
Profitability | ||
EBIT-% | 1083.2 % | 76.3 % |
ROA | 6.9 % | 7.0 % |
ROE | 11.3 % | 6.7 % |
ROI | 7.1 % | 7.2 % |
Economic value added (EVA) | 6 287.41 | -5 820.31 |
Solvency | ||
Equity ratio | 63.1 % | 62.7 % |
Gearing | 53.2 % | 55.7 % |
Relative net indebtedness % | 3677.0 % | -34.4 % |
Liquidity | ||
Quick ratio | 7.9 | 8.2 |
Current ratio | 7.9 | 8.2 |
Cash and cash equivalents | 70 810.66 | 90 019.61 |
Capital use efficiency | ||
Trade debtors turnover (days) | ||
Net working capital % | 5580.8 % | 360.9 % |
Credit risk | ||
Credit rating | AA | AAA |
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