AKTIESELSKABET AF 1. MAJ 1916
Credit rating
Company information
About AKTIESELSKABET AF 1. MAJ 1916
AKTIESELSKABET AF 1. MAJ 1916 (CVR number: 12710917) is a company from HILLERØD. The company reported a net sales of 5.8 mDKK in 2023, demonstrating a growth of 17.4 % compared to the previous year. The operating profit percentage was at 68.6 % (EBIT: 4 mDKK), while net earnings were 11.5 mDKK. The profitability of the company measured by Return on Assets (ROA) was 6.4 %, which can be considered decent but Return on Equity (ROE) was 8.2 %, which can be considered good. The equity ratio, a key indicator for solidity, stood at 44.4 %, 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. AKTIESELSKABET AF 1. MAJ 1916's liquidity measured by quick ratio was 0.7 which is at a low level. Thus, the company may face difficulties in addressing its short-term obligations with its available liquid assets.
Financial information
See financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | 4 951.57 | 5 815.55 | |||
Gross profit | - 143.31 | - 189.36 | - 286.97 | 4 468.37 | 4 757.26 |
EBIT | -1 245.56 | -1 351 578.36 | -1 987.46 | 5 160.18 | 3 990.16 |
Net earnings | 9 608.75 | 17 212.66 | 10 202.67 | - 939.35 | 11 471.05 |
Shareholders equity total | 135 417.82 | 152 630.48 | 152 833.15 | 136 893.81 | 143 364.86 |
Balance sheet total (assets) | 142 175.90 | 159 718.29 | 162 909.96 | 309 557.73 | 323 193.08 |
Net debt | -65 124.01 | -63 523.47 | -80 042.30 | 94 959.64 | 107 629.71 |
Profitability | |||||
EBIT-% | 104.2 % | 68.6 % | |||
ROA | 7.5 % | -882.2 % | 9.2 % | 3.9 % | 6.4 % |
ROE | 7.2 % | 12.0 % | 6.7 % | -0.6 % | 8.2 % |
ROI | 7.5 % | -883.0 % | 9.3 % | 3.9 % | 6.5 % |
Economic value added (EVA) | -2 797.38 | -1 043 184.05 | -1 670.84 | 3 146.13 | -3 640.16 |
Solvency | |||||
Equity ratio | 95.2 % | 95.6 % | 93.8 % | 44.2 % | 44.4 % |
Gearing | 4.9 % | 4.6 % | 6.1 % | 123.8 % | 118.5 % |
Relative net indebtedness % | 1982.9 % | 1909.5 % | |||
Liquidity | |||||
Quick ratio | 14.3 | 11.3 | 9.8 | 0.9 | 0.7 |
Current ratio | 14.3 | 11.3 | 9.8 | 0.9 | 0.7 |
Cash and cash equivalents | 71 761.55 | 70 472.86 | 89 430.23 | 74 470.14 | 62 315.70 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | -1639.7 % | -1522.2 % | |||
Credit risk | |||||
Credit rating | AA | BB | AA | A | AA |
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