AB CATERING AALBORG A/S

CVR number: 11283403
Kystvejen 80, 9400 Nørresundby
tel: 96324104

Credit rating

Company information

Official name
AB CATERING AALBORG A/S
Established
1986
Company form
Limited company
Industry
  • Expand more icon46Wholesale trade, except of motor vehicles and motorcycles

About AB CATERING AALBORG A/S

AB CATERING AALBORG A/S (CVR number: 11283403) is a company from AALBORG. The company reported a net sales of 818.4 mDKK in 2023, demonstrating a growth of 8.3 % compared to the previous year. The operating profit percentage was at 9.6 % (EBIT: 79 mDKK), while net earnings were 62.6 mDKK. The profitability of the company measured by Return on Assets (ROA) was 37 %, which can be considered excellent and Return on Equity (ROE) was 72.3 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 41 %, a level that can be considered to be modest. This means a balanced mix of debt and equity financing its assets—a typical operational level for many companies. AB CATERING AALBORG A/S's liquidity measured by quick ratio was 1.3 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 financials

Net sales (mDKK)

EBIT (mDKK)

Profitability

Solidity

Key figures (mDKK)

See financials
20192020202120222023
Volume
Net sales653.04569.92568.86755.40818.39
Gross profit160.17118.32118.89154.96168.67
EBIT63.2250.2448.6570.4878.96
Net earnings49.7939.8338.3855.5462.59
Shareholders equity total59.7959.8358.3875.5497.65
Balance sheet total (assets)157.82158.08168.89197.16238.22
Net debt-0.27-0.26-0.07-0.27-25.00
Profitability
EBIT-%9.7 %8.8 %8.6 %9.3 %9.6 %
ROA41.9 %32.4 %30.3 %39.0 %37.0 %
ROE86.2 %66.6 %64.9 %82.9 %72.3 %
ROI106.9 %81.3 %75.7 %97.8 %86.8 %
Economic value added (EVA)46.4836.1634.9852.0557.81
Solvency
Equity ratio37.9 %37.8 %34.6 %38.3 %41.0 %
Gearing
Relative net indebtedness %15.0 %17.2 %19.4 %16.1 %14.1 %
Liquidity
Quick ratio1.11.21.11.21.3
Current ratio1.41.51.51.61.6
Cash and cash equivalents0.270.260.070.2725.00
Capital use efficiency
Trade debtors turnover (days)31.831.542.132.931.5
Net working capital %6.3 %8.5 %8.3 %8.6 %10.1 %
Credit risk
Credit ratingBBBBBBBBBBBBA

Variable visualization

ROA:37.0%
Rating: 87/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:41.0%
Rating: 34/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Board member
Board member
Chairman of the board

Companies in the same industry

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