24A AUTOMATION ApS — Credit Rating and Financial Key Figures

CVR number: 33357370
Sjællandsvej 16, 9500 Hobro
tc@24a.dk

Company information

Official name
24A AUTOMATION ApS
Personnel
7 persons
Established
2010
Company form
Private limited company
Industry

About 24A AUTOMATION ApS

24A AUTOMATION ApS (CVR number: 33357370) is a company from MARIAGERFJORD. The company recorded a gross profit of 3030.7 kDKK in 2019. The operating profit was -919.6 kDKK, while net earnings were -917.5 kDKK. The profitability of the company measured by Return on Assets (ROA) was -33.9 %, which can be considered poor and Return on Equity (ROE) was -92.3 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 5 %, a level that can be considered to be very low. This means the company is highly leveraged, with most assets financed through debt. This high level of financial risk could pose challenges in periods of financial distress or rising interest rates. 24A AUTOMATION ApS's liquidity measured by quick ratio was 0.6 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
2016
2017
2018
2019
Volume
Net sales
Gross profit5 870.966 027.883 763.103 030.65
EBIT260.66240.68- 470.94- 919.57
Net earnings184.81180.04- 370.46- 917.47
Shareholders equity total1 196.501 169.74587.68- 329.79
Balance sheet total (assets)3 520.113 124.983 699.671 400.93
Net debt-1 515.71- 353.94703.10539.23
Profitability
EBIT-%
ROA7.4 %7.3 %-13.8 %-33.9 %
ROE15.4 %15.2 %-42.2 %-92.3 %
ROI17.4 %15.0 %-30.5 %-95.1 %
Economic value added (EVA)201.97205.15- 394.61- 940.30
Solvency
Equity ratio34.0 %37.4 %26.7 %5.0 %
Gearing2.7 %23.5 %119.6 %-163.5 %
Relative net indebtedness %
Liquidity
Quick ratio1.41.41.10.6
Current ratio1.61.81.41.1
Cash and cash equivalents1 547.79628.96
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBABBBB

Variable visualization

ROA:-33.9%
Rating: 0/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:5.01%
Rating: 5/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

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