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

CVR number: 26868866
Papirmester Allé 20, Dalum 5250 Odense SV
tel: 66133332
Free credit report Annual report

Credit rating

Company information

Official name
AG Development A/S
Personnel
52 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 52 mDKK in 2025. The operating profit was -18 mDKK, while net earnings were 1399.3 kDKK. The profitability of the company measured by Return on Assets (ROA) was 2.7 %, which can be considered weak and Return on Equity (ROE) was 1.9 %, which can be considered weak. The equity ratio, a key indicator for solidity, stood at 22.7 %, 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 0.9 which is at a modest level. Thus, the company's liquid assets are in relative balance with its short-term liabilities, indicating a moderate liquidity position. While it's likely to meet its current obligations, financial flexibility may be constrained, and unexpected costs could pose challenges.

Financial information

See financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2021
2022
2023
2024
2025
Volume
Net sales
Gross profit45 322.3048 738.3045 390.6344 419.1551 988.43
EBIT-8 968.44-13 709.33-12 106.69-12 828.87-18 037.66
Net earnings14 504.209 312.68-1 292.97-18 901.601 399.31
Shareholders equity total115 297.4691 946.4490 653.4871 751.8873 151.18
Balance sheet total (assets)302 922.57373 473.19479 180.27259 181.60323 727.22
Net debt162 422.25206 279.40356 672.80164 340.79223 236.52
Profitability
EBIT-%
ROA5.6 %3.5 %3.0 %-1.2 %2.7 %
ROE13.4 %9.0 %-1.4 %-23.3 %1.9 %
ROI6.1 %3.7 %3.1 %-1.3 %2.9 %
Economic value added (EVA)-17 923.35-24 871.94-27 476.34-32 871.56-25 931.40
Solvency
Equity ratio38.1 %24.6 %18.9 %27.7 %22.7 %
Gearing143.1 %283.8 %406.9 %231.0 %312.4 %
Relative net indebtedness %
Liquidity
Quick ratio0.90.80.70.70.9
Current ratio1.00.90.70.80.9
Cash and cash equivalents2 604.4954 674.3112 167.211 415.615 297.58
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingAAABBBBBB

Variable visualization

ROA:2.67%
Rating: 33/100
-20%
0%
4%
11%
24%
60%
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Equity ratio:22.7%
Rating: 21/100
-1%
21%
50%
81%
99%
100%
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Roles

Chairman of the board
Board member

Companies in the same industry

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