ABSOLUT RENGØRING A/S — Credit Rating and Financial Key Figures

CVR number: 36427965
Havnegade 51, 5000 Odense C
absolut@absolut-ren.dk
tel: 70250017

Credit rating

Company information

Official name
ABSOLUT RENGØRING A/S
Personnel
63 persons
Established
2014
Company form
Limited company
Industry
  • Expand more icon81Services to buildings and landscape activities

About ABSOLUT RENGØRING A/S

ABSOLUT RENGØRING A/S (CVR number: 36427965) is a company from ODENSE. The company recorded a gross profit of 17.6 mDKK in 2023. The operating profit was 494.4 kDKK, while net earnings were 432.5 kDKK. The profitability of the company measured by Return on Assets (ROA) was 5.7 %, which can be considered decent but Return on Equity (ROE) was 8.2 %, which can be considered good. The equity ratio, a key indicator for solidity, stood at 53.1 %, 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. ABSOLUT RENGØRING A/S's liquidity measured by quick ratio was 1.5 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
20192020202120222023
Volume
Net sales
Gross profit13 500.0511 159.4016 440.8816 817.3317 646.71
EBIT809.23767.391 656.56456.63494.41
Net earnings657.04612.041 322.01384.50432.50
Shareholders equity total4 753.654 365.695 187.705 072.205 504.70
Balance sheet total (assets)8 596.779 052.6110 221.159 477.7810 359.17
Net debt-1 312.52-2 842.55-2 988.72-1 458.80-3 031.26
Profitability
EBIT-%
ROA9.9 %9.1 %18.0 %5.4 %5.7 %
ROE14.1 %13.4 %27.7 %7.5 %8.2 %
ROI18.3 %17.5 %35.9 %9.8 %10.1 %
Economic value added (EVA)470.32423.741 212.70239.25227.51
Solvency
Equity ratio55.3 %48.2 %50.8 %53.5 %53.1 %
Gearing1.5 %1.1 %11.0 %1.1 %
Relative net indebtedness %
Liquidity
Quick ratio1.51.41.41.41.5
Current ratio1.51.41.41.41.6
Cash and cash equivalents1 312.522 907.713 046.632 018.363 089.17
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingAAAAAAA

Variable visualization

ROA:5.69%
Rating: 45/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:53.1%
Rating: 42/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Board member
Chairman of the board
Board member

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