Argo Bolig ApS — Credit Rating and Financial Key Figures

CVR number: 38045679
Skibbrogade 3, 9000 Aalborg
admteam2@deas.dk
tel: 70302020

Company information

Official name
Argo Bolig ApS
Established
2016
Company form
Private limited company
Industry

About Argo Bolig ApS

Argo Bolig ApS (CVR number: 38045679) is a company from AALBORG. The company recorded a gross profit of 1456.5 kDKK in 2024. The operating profit was 1231.9 kDKK, while net earnings were 161.9 kDKK. The profitability of the company measured by Return on Assets (ROA) was 3.5 %, which can be considered weak but Return on Equity (ROE) was 40.9 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 1.1 %, 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. Argo Bolig ApS's liquidity measured by quick ratio was 0 which is at a very low level. Thus, the company is in an unstable financial position, with its liquid assets significantly undermatching its current liabilities. This severe liquidity deficiency may lead to financial distress and threaten the company's operational continuity.

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 profit1 014.671 427.181 564.661 433.861 456.54
EBIT844.121 202.531 340.021 209.211 231.90
Net earnings396.96667.81706.68194.90161.90
Shareholders equity total495.39813.20919.88414.79376.69
Balance sheet total (assets)36 213.0836 012.1235 722.5835 413.5835 308.94
Net debt32 286.9931 981.1332 005.5432 506.0832 535.16
Profitability
EBIT-%
ROA2.7 %3.3 %3.7 %3.4 %3.5 %
ROE84.1 %102.1 %81.6 %29.2 %40.9 %
ROI2.9 %3.6 %4.1 %3.7 %3.7 %
Economic value added (EVA)- 680.92- 791.29- 685.16- 910.37- 929.07
Solvency
Equity ratio1.4 %2.3 %2.6 %1.2 %1.1 %
Gearing6585.8 %3966.8 %3496.8 %7888.9 %8726.8 %
Relative net indebtedness %
Liquidity
Quick ratio0.00.00.00.00.0
Current ratio0.00.00.00.00.0
Cash and cash equivalents338.46276.64161.33215.99337.79
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingAAAAA

Variable visualization

ROA:3.49%
Rating: 37/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:1.09%
Rating: 2/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer

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