Corporate
Outlook: Stable
Action date: 12/14/2021
Rating action: New

ARQUIMEA GROUP SA

Axesor Rating assigns for the first time the rating of BB with a stable trend to Arquimea Group, S.L. Arquimea develops technology-based activities operating in various sectors such as aerospace, biotechnology, fintech, industrial and agrotechnology. The group, of family origin, was established in 2005 by Diego Fernández Infante, current president of the same and operates in the domestic market, although its products are distributed internationally by third parties. At the close of fiscal year 2020, the company presented a consolidated turnover of € 72.0M with an EBITDA * of € 15.3M, registering a NFD / EBITDA * ratio of 0.5x. (*) EBITDA adjusted by Axesor Rating as detailed in the section Summary of financial information

Rating

Solicited
Date last rating: 12/14/2021
Date first rating: 12/14/2021