Aktieselskabet af 29.10.2020

CVR number: 41834501
Inge Lehmanns Gade 2, 8000 Aarhus C

Credit rating

Company information

Official name
Aktieselskabet af 29.10.2020
Established
2020
Company form
Limited company
Industry
  • Expand more icon64Financial service activities, except insurance and pension funding

About Aktieselskabet af 29.10.2020

Aktieselskabet af 29.10.2020 (CVR number: 41834501) is a company from AARHUS. The company recorded a gross profit of -167.5 kDKK in 2024. The operating profit was -167.5 kDKK, while net earnings were -5082.5 kDKK. The profitability of the company measured by Return on Assets (ROA) was -0.1 %, which can be considered poor and Return on Equity (ROE) was -689.1 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 0.4 %, a level that can be considered to be very low. This means the company is highly leveraged, with most assets financed through debt. This high level of financial risk could pose challenges in periods of financial distress or rising interest rates. Aktieselskabet af 29.10.2020's liquidity measured by quick ratio was 0 which is at a very low level. Thus, the company is in an unstable financial position, with its liquid assets significantly undermatching its current liabilities. This severe liquidity deficiency may lead to financial distress and threaten the company's operational continuity.

Financial information

See financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2021202220232024
Volume
Net sales
Gross profit-39.08-25.28-23.40- 167.48
EBIT-39.08-25.28-23.40- 167.48
Net earnings-31.03-22.17- 668.07-5 082.46
Shareholders equity total968.98946.81278.741 196.27
Balance sheet total (assets)4 456.6925 237.3185 169.00274 471.26
Net debt2 616.6522 385.3574 808.61258 039.87
Profitability
EBIT-%
ROA-0.9 %-0.2 %-0.0 %-0.1 %
ROE-3.2 %-2.3 %-109.0 %-689.1 %
ROI-1.0 %-0.2 %-0.0 %-0.1 %
Economic value added (EVA)-30.48-41.95-53.12- 138.16
Solvency
Equity ratio21.7 %3.8 %0.3 %0.4 %
Gearing324.4 %2391.0 %26884.8 %21869.3 %
Relative net indebtedness %
Liquidity
Quick ratio0.40.10.10.0
Current ratio0.40.10.10.0
Cash and cash equivalents526.60252.84129.153 577.42
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBABBBBBB

Variable visualization

ROA:-0.09%
Rating: 20/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:0.44%
Rating: 1/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chairman of the board
Board member
Chief executive officer

Companies in the same industry

Build time: 2024-11-26T03:02:13.121Z

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