Erhverv Aalborg A/S — Credit Rating and Financial Key Figures
Credit rating
Company information
About Erhverv Aalborg A/S
Erhverv Aalborg A/S (CVR number: 12538642) is a company from AALBORG. The company recorded a gross profit of -1790.7 kDKK in 2023. The operating profit was -1823.5 kDKK, while net earnings were 6869.8 kDKK. The profitability of the company measured by Return on Assets (ROA) was 9.3 %, which can be considered good and Return on Equity (ROE) was 10.9 %, which can be considered good. The equity ratio, a key indicator for solidity, stood at 88.5 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. Erhverv Aalborg A/S's liquidity measured by quick ratio was 5.5 which is at a very high level. Thus, the company demonstrates exceptional financial stability, possessing a significant surplus of liquid assets over its short-term liabilities.
Financial information
See financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | |||||
Gross profit | 303.89 | - 657.55 | -1 227.73 | - 944.42 | -1 790.70 |
EBIT | 763.03 | - 994.84 | -1 593.45 | - 603.98 | -1 823.52 |
Net earnings | 11 735.99 | 4 078.39 | 4 362.22 | 12 394.76 | 6 869.80 |
Shareholders equity total | 40 611.31 | 44 977.29 | 49 713.11 | 63 231.80 | 63 083.86 |
Balance sheet total (assets) | 54 696.88 | 62 195.55 | 66 553.54 | 80 474.95 | 71 254.27 |
Net debt | 7 216.85 | 10 248.21 | 10 828.24 | 11 184.01 | -7 938.92 |
Profitability | |||||
EBIT-% | |||||
ROA | 25.5 % | 8.0 % | 8.8 % | 17.4 % | 9.3 % |
ROE | 33.8 % | 9.5 % | 9.2 % | 21.9 % | 10.9 % |
ROI | 25.7 % | 7.5 % | 7.1 % | 18.2 % | 9.9 % |
Economic value added (EVA) | 1 266.42 | 297.67 | - 155.56 | 1 061.31 | 812.70 |
Solvency | |||||
Equity ratio | 74.2 % | 72.3 % | 74.8 % | 78.6 % | 88.5 % |
Gearing | 18.8 % | 22.8 % | 21.9 % | 17.8 % | 9.4 % |
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 1.8 | 2.1 | 1.8 | 1.6 | 5.5 |
Current ratio | 1.8 | 2.1 | 1.8 | 1.6 | 5.5 |
Cash and cash equivalents | 412.12 | 28.76 | 52.00 | 52.00 | 13 848.50 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | A | A | A | A | A |
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