AKTIESELSKABET AF 1. MAJ 1916

CVR number: 12710917
Parkvej 3, 3400 Hillerød
tel: 48266175

Credit rating

Company information

Official name
AKTIESELSKABET AF 1. MAJ 1916
Personnel
2 persons
Established
1916
Company form
Limited company
Industry
  • Expand more icon64Financial service activities, except insurance and pension funding

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 financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
20192020202120222023
Volume
Net sales4 951.575 815.55
Gross profit- 143.31- 189.36- 286.974 468.374 757.26
EBIT-1 245.56-1 351 578.36-1 987.465 160.183 990.16
Net earnings9 608.7517 212.6610 202.67- 939.3511 471.05
Shareholders equity total135 417.82152 630.48152 833.15136 893.81143 364.86
Balance sheet total (assets)142 175.90159 718.29162 909.96309 557.73323 193.08
Net debt-65 124.01-63 523.47-80 042.3094 959.64107 629.71
Profitability
EBIT-%104.2 %68.6 %
ROA7.5 %-882.2 %9.2 %3.9 %6.4 %
ROE7.2 %12.0 %6.7 %-0.6 %8.2 %
ROI7.5 %-883.0 %9.3 %3.9 %6.5 %
Economic value added (EVA)-2 797.38-1 043 184.05-1 670.843 146.13-3 640.16
Solvency
Equity ratio95.2 %95.6 %93.8 %44.2 %44.4 %
Gearing4.9 %4.6 %6.1 %123.8 %118.5 %
Relative net indebtedness %1982.9 %1909.5 %
Liquidity
Quick ratio14.311.39.80.90.7
Current ratio14.311.39.80.90.7
Cash and cash equivalents71 761.5570 472.8689 430.2374 470.1462 315.70
Capital use efficiency
Trade debtors turnover (days)
Net working capital %-1639.7 %-1522.2 %
Credit risk
Credit ratingAABBAAAAA

Variable visualization

ROA:6.43%
Rating: 47/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:44.4%
Rating: 36/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chairman of the board

Companies in the same industry

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