Credit rating
Company information
About ATEA A/S
ATEA A/S (CVR number: 25511484) is a company from BALLERUP. The company reported a net sales of 5279.1 mDKK in 2023, demonstrating a decline of -0.3 % compared to the previous year. The operating profit percentage was at 0.9 % (EBIT: 46.5 mDKK), while net earnings were 24 mDKK. The profitability of the company measured by Return on Assets (ROA) was 6.8 %, which can be considered decent but Return on Equity (ROE) was 3.4 %, which can be considered weak. The equity ratio, a key indicator for solidity, stood at 30 %, 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. ATEA A/S's liquidity measured by quick ratio was 1.4 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 financialsNet sales (mDKK)
EBIT (mDKK)
Profitability
Solidity
Key figures (mDKK)
See financials2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | 4 351.81 | 4 073.23 | 4 907.48 | 5 297.10 | 5 279.14 |
Gross profit | 1 007.46 | 950.26 | 1 067.20 | 1 148.38 | 1 247.45 |
EBIT | -91.04 | - 112.48 | -7.21 | 2.73 | 46.47 |
Net earnings | -12.00 | -97.80 | 0.80 | 15.04 | 23.98 |
Shareholders equity total | 777.56 | 689.34 | 688.08 | 702.81 | 725.96 |
Balance sheet total (assets) | 2 479.66 | 2 663.57 | 2 550.04 | ||
Net debt | 202.36 | 296.02 | 172.51 | ||
Profitability | |||||
EBIT-% | -2.1 % | -2.8 % | -0.1 % | 0.1 % | 0.9 % |
ROA | 2.1 % | 5.3 % | 6.8 % | ||
ROE | -0.8 % | -6.7 % | 0.1 % | 2.2 % | 3.4 % |
ROI | 4.4 % | 11.2 % | 14.5 % | ||
Economic value added (EVA) | - 131.03 | - 151.55 | -39.76 | -26.44 | -1.67 |
Solvency | |||||
Equity ratio | 100.0 % | 100.0 % | 29.2 % | 27.8 % | 30.0 % |
Gearing | 42.9 % | 51.4 % | 38.3 % | ||
Relative net indebtedness % | 33.9 % | 35.5 % | 32.3 % | ||
Liquidity | |||||
Quick ratio | 1.4 | 1.3 | 1.4 | ||
Current ratio | 1.4 | 1.3 | 1.3 | ||
Cash and cash equivalents | 92.57 | 64.97 | 105.54 | ||
Capital use efficiency | |||||
Trade debtors turnover (days) | 22.2 | 27.4 | 32.9 | ||
Net working capital % | 11.4 % | 8.6 % | 10.0 % | ||
Credit risk | |||||
Credit rating | C | C | BBB | BBB | BBB |
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