Årre Finans 2020 ApS — Credit Rating and Financial Key Figures

CVR number: 41303999
Frodesgade 109, 6700 Esbjerg

Credit rating

Company information

Official name
Årre Finans 2020 ApS
Established
2020
Company form
Private limited company
Industry

About Årre Finans 2020 ApS

Årre Finans 2020 ApS (CVR number: 41303999) is a company from ESBJERG. The company recorded a gross profit of 0 kDKK in 2024. The operating profit was 41.9 kDKK, while net earnings were 32.7 kDKK. The profitability of the company measured by Return on Assets (ROA) was 4.9 %, which can be considered decent but Return on Equity (ROE) was 3.9 %, which can be considered weak. The equity ratio, a key indicator for solidity, stood at 98.9 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. Årre Finans 2020 ApS's liquidity measured by quick ratio was 94.9 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
2021
2022
2023
2024
Volume
Net sales
Gross profit
EBIT57.2757.2749.4041.88
Net earnings43.0243.0238.0532.66
Shareholders equity total793.02793.02831.08863.74
Balance sheet total (assets)806.73806.73841.79872.93
Net debt-39.80-39.80-94.07- 147.03
Profitability
EBIT-%
ROA7.1 %7.1 %6.0 %4.9 %
ROE5.4 %5.4 %4.7 %3.9 %
ROI7.2 %7.2 %6.1 %4.9 %
Economic value added (EVA)43.435.580.70-4.35
Solvency
Equity ratio98.3 %98.3 %98.7 %98.9 %
Gearing
Relative net indebtedness %
Liquidity
Quick ratio58.958.978.694.9
Current ratio58.958.978.694.9
Cash and cash equivalents39.8039.8094.07147.03
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBBBBB

Variable visualization

ROA:4.88%
Rating: 43/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:98.9%
Rating: 84/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

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