AG Development A/S — Credit Rating and Financial Key Figures

CVR number: 26868866
Papirmester Allé 20, Dalum 5250 Odense SV
tel: 66133332

Credit rating

Company information

Official name
AG Development A/S
Personnel
48 persons
Established
2002
Domicile
Dalum
Company form
Limited company
Industry

About AG Development A/S

AG Development A/S (CVR number: 26868866) is a company from ODENSE. The company recorded a gross profit of 44.4 mDKK in 2024. The operating profit was -12.8 mDKK, while net earnings were -18.9 mDKK. The profitability of the company measured by Return on Assets (ROA) was -1.2 %, which can be considered poor and Return on Equity (ROE) was -23.3 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 27.7 %, 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. AG Development A/S'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
2020
2021
2022
2023
2024
Volume
Net sales
Gross profit34 997.0345 322.3048 738.3045 390.6344 419.15
EBIT-17 425.11-8 968.44-13 709.33-12 106.69-12 828.87
Net earnings7 380.3814 504.209 312.68-1 292.97-18 901.60
Shareholders equity total100 793.26115 297.4691 946.4490 653.4871 751.88
Balance sheet total (assets)242 561.08302 922.57373 473.19479 180.27259 181.60
Net debt106 292.72162 422.25206 279.40356 672.80164 340.79
Profitability
EBIT-%
ROA3.3 %5.6 %3.5 %3.0 %-1.2 %
ROE6.6 %13.4 %9.0 %-1.4 %-23.3 %
ROI4.0 %6.1 %3.7 %3.1 %-1.3 %
Economic value added (EVA)-15 575.33-8 411.94-12 024.22-8 351.57-4 615.09
Solvency
Equity ratio41.6 %38.1 %24.6 %18.9 %27.7 %
Gearing116.1 %143.1 %283.8 %406.9 %231.0 %
Relative net indebtedness %
Liquidity
Quick ratio1.00.90.80.70.7
Current ratio1.11.00.90.70.8
Cash and cash equivalents10 696.052 604.4954 674.3112 167.211 415.61
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingAAABBBBBB

Variable visualization

ROA:-1.19%
Rating: 19/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:27.7%
Rating: 25/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chairman of the board
Board member

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