Afro Nordic ApS
Credit rating
Company information
About Afro Nordic ApS
Afro Nordic ApS (CVR number: 41067306) is a company from AARHUS. The company recorded a gross profit of 14.6 kDKK in 2022. The operating profit was 1.7 kDKK, while net earnings were 1 kDKK. The profitability of the company measured by Return on Assets (ROA) was 2.1 %, which can be considered weak and Return on Equity (ROE) was 3.2 %, which can be considered weak. The equity ratio, a key indicator for solidity, stood at 51.6 %, 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. Afro Nordic ApS's liquidity measured by quick ratio was 2.1 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 | 2022 | |
---|---|---|---|
Volume | |||
Net sales | |||
Gross profit | -9.90 | 4.15 | 14.55 |
EBIT | -9.90 | 4.15 | 1.67 |
Net earnings | -11.77 | 3.59 | 1.04 |
Shareholders equity total | 28.23 | 32.60 | 33.65 |
Balance sheet total (assets) | 64.31 | 93.97 | 65.25 |
Net debt | 3.49 | 7.68 | -26.42 |
Profitability | |||
EBIT-% | |||
ROA | -15.4 % | 5.2 % | 2.1 % |
ROE | -41.7 % | 11.8 % | 3.2 % |
ROI | -17.7 % | 9.4 % | 5.1 % |
Economic value added (EVA) | -9.90 | 3.95 | 1.61 |
Solvency | |||
Equity ratio | 43.9 % | 18.9 % | 51.6 % |
Gearing | 98.5 % | 119.8 % | |
Relative net indebtedness % | |||
Liquidity | |||
Quick ratio | 2.9 | 0.7 | 2.1 |
Current ratio | 7.8 | 1.5 | 2.1 |
Cash and cash equivalents | 24.32 | 31.39 | 26.42 |
Capital use efficiency | |||
Trade debtors turnover (days) | |||
Net working capital % | |||
Credit risk | |||
Credit rating | C | B | B |
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