Erhverv Aalborg A/S — Credit Rating and Financial Key Figures

CVR number: 12538642
Algade 38, 9000 Aalborg

Company information

Official name
Erhverv Aalborg A/S
Established
1988
Company form
Limited company
Industry

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 financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2019
2020
2021
2022
2023
Volume
Net sales
Gross profit303.89- 657.55-1 227.73- 944.42-1 790.70
EBIT763.03- 994.84-1 593.45- 603.98-1 823.52
Net earnings11 735.994 078.394 362.2212 394.766 869.80
Shareholders equity total40 611.3144 977.2949 713.1163 231.8063 083.86
Balance sheet total (assets)54 696.8862 195.5566 553.5480 474.9571 254.27
Net debt7 216.8510 248.2110 828.2411 184.01-7 938.92
Profitability
EBIT-%
ROA25.5 %8.0 %8.8 %17.4 %9.3 %
ROE33.8 %9.5 %9.2 %21.9 %10.9 %
ROI25.7 %7.5 %7.1 %18.2 %9.9 %
Economic value added (EVA)1 266.42297.67- 155.561 061.31812.70
Solvency
Equity ratio74.2 %72.3 %74.8 %78.6 %88.5 %
Gearing18.8 %22.8 %21.9 %17.8 %9.4 %
Relative net indebtedness %
Liquidity
Quick ratio1.82.11.81.65.5
Current ratio1.82.11.81.65.5
Cash and cash equivalents412.1228.7652.0052.0013 848.50
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingAAAAA

Variable visualization

ROA:9.34%
Rating: 55/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:88.5%
Rating: 69/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

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