AALBORG VAND ENTREPRISE A/S — Credit Rating and Financial Key Figures

CVR number: 32651771
Norbis Park 100, Stae 9310 Vodskov

Credit rating

Company information

Official name
AALBORG VAND ENTREPRISE A/S
Established
2009
Domicile
Stae
Company form
Limited company
Industry
  • Expand more icon36Water collection, treatment and supply

About AALBORG VAND ENTREPRISE A/S

AALBORG VAND ENTREPRISE A/S (CVR number: 32651771) is a company from AALBORG. The company recorded a gross profit of 263 kDKK in 2023. The operating profit was 41 kDKK, while net earnings were 57 kDKK. The profitability of the company measured by Return on Assets (ROA) was 4.3 %, which can be considered decent but Return on Equity (ROE) was 3.6 %, which can be considered weak. The equity ratio, a key indicator for solidity, stood at 96.9 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. AALBORG VAND ENTREPRISE A/S's liquidity measured by quick ratio was 32.4 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 sales1 962.002 857.00
Gross profit220.00462.00328.00334.00263.00
EBIT- 108.00207.00153.00200.0041.00
Net earnings15.00144.00156.00160.0057.00
Shareholders equity total1 085.001 230.001 386.001 545.001 603.00
Balance sheet total (assets)1 103.001 571.001 412.001 765.001 654.00
Net debt- 486.00- 306.00- 813.00- 801.00- 439.00
Profitability
EBIT-%-5.5 %7.2 %
ROA-5.2 %16.0 %10.7 %13.3 %4.3 %
ROE1.4 %12.4 %11.9 %10.9 %3.6 %
ROI-5.2 %17.4 %11.5 %14.3 %4.6 %
Economic value added (EVA)- 109.64110.50113.70127.85-4.88
Solvency
Equity ratio98.4 %78.3 %98.2 %87.5 %96.9 %
Gearing11.5 %1.9 %0.1 %
Relative net indebtedness %-23.9 %-3.7 %
Liquidity
Quick ratio61.34.654.38.032.4
Current ratio61.34.654.38.032.4
Cash and cash equivalents486.00448.00839.00802.00439.00
Capital use efficiency
Trade debtors turnover (days)99.2143.3
Net working capital %55.3 %43.1 %
Credit risk
Credit ratingBBBBBBBBBBB

Variable visualization

ROA:4.27%
Rating: 41/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:96.9%
Rating: 78/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Board member
Board member
Chairman of the board
Board member
Board member

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