AT-DENMARK A/S — Credit Rating and Financial Key Figures
Credit rating
Company information
About AT-DENMARK A/S
AT-DENMARK A/S (CVR number: 26670829) is a company from RINGSTED. The company reported a net sales of 3.9 mDKK in 2019, demonstrating a decline of -64.4 % compared to the previous year. The operating profit percentage was poor at -98.4 % (EBIT: -3.9 mDKK), while net earnings were -3104.1 kDKK. The profitability of the company measured by Return on Assets (ROA) was -49.4 %, which can be considered poor and Return on Equity (ROE) was -49.6 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 69.7 %, a level that can be considered to be good. This shows that a large part of the company's assets are funded by shareholders' equity, reducing financial risk. AT-DENMARK 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 (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2016 | 2017 | 2018 | 2019 | |
---|---|---|---|---|
Volume | ||||
Net sales | 4 480.71 | 11 035.47 | 3 923.99 | |
Gross profit | 1 458.03 | 2 991.79 | 3 299.22 | 263.52 |
EBIT | 653.01 | 1 111.30 | 273.88 | -3 859.54 |
Net earnings | 568.81 | 638.43 | 127.88 | -3 104.08 |
Shareholders equity total | 7 040.23 | 7 678.66 | 7 806.54 | 4 702.46 |
Balance sheet total (assets) | 14 396.01 | 14 769.16 | 8 988.97 | 6 746.41 |
Net debt | 1 647.37 | 574.23 | - 334.87 | 155.01 |
Profitability | ||||
EBIT-% | 24.8 % | 2.5 % | -98.4 % | |
ROA | 6.0 % | 7.6 % | 2.2 % | -49.4 % |
ROE | 8.1 % | 8.7 % | 1.7 % | -49.6 % |
ROI | 6.3 % | 7.9 % | 2.3 % | -54.9 % |
Economic value added (EVA) | 509.22 | 503.22 | - 187.09 | -3 363.55 |
Solvency | ||||
Equity ratio | 48.9 % | 52.0 % | 86.8 % | 69.7 % |
Gearing | 25.1 % | 11.1 % | 5.9 % | 9.0 % |
Relative net indebtedness % | 151.9 % | 3.4 % | 45.2 % | |
Liquidity | ||||
Quick ratio | 0.7 | 1.2 | 2.2 | 1.4 |
Current ratio | 4.8 | 9.9 | 5.2 | 3.6 |
Cash and cash equivalents | 119.50 | 274.83 | 798.65 | 268.59 |
Capital use efficiency | ||||
Trade debtors turnover (days) | 57.7 | 16.7 | 50.4 | |
Net working capital % | 244.0 % | 44.5 % | 86.3 % | |
Credit risk | ||||
Credit rating | A | A | A | BBB |
Variable visualization
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