ÅRS HANDEL OG SERVICE S.M.B.A.

CVR number: 29815232
Gl. Ullitsvej 23, Ullits 9640 Farsø
asfiskjm@yahoo.dk
tel: 29626248

Credit rating

Company information

Official name
ÅRS HANDEL OG SERVICE S.M.B.A.
Personnel
1 person
Established
2008
Domicile
Ullits
Industry
  • Expand more icon78Employment activities

About the company

ÅRS HANDEL OG SERVICE S.M.B.A. (CVR number: 29815232) is a company from VESTHIMMERLANDS. The company recorded a gross profit of 0 kDKK in 2023. The operating profit was 68.4 kDKK, while net earnings were 67.5 kDKK. The profitability of the company measured by Return on Assets (ROA) was 7.1 %, which can be considered decent but Return on Equity (ROE) was 14.4 %, which can be considered good. The equity ratio, a key indicator for solidity, stood at -53.7 %. This indicates that the company's debt surpasses the value of its total assets, posing significant financial risk. ÅRS HANDEL OG SERVICE S.M.B.A.'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
20192020202120222023
Volume
Net sales591.36729.25
Gross profit-74.8579.27
EBIT- 119.5922.79- 146.32- 146.3268.41
Net earnings- 122.579.12- 150.12- 150.1267.47
Shareholders equity total- 325.61- 316.49- 462.71- 462.71- 537.77
Balance sheet total (assets)394.22471.38475.14475.14463.30
Net debt16.67-41.90-19.09-19.09-16.30
Profitability
EBIT-%-20.2 %3.1 %
ROA-17.6 %3.0 %-17.0 %-15.6 %7.1 %
ROE-29.4 %2.1 %-31.7 %-31.6 %14.4 %
ROI-1435.0 %273.4 %
Economic value added (EVA)- 120.3828.95- 144.67- 137.8176.92
Solvency
Equity ratio-45.2 %-40.2 %-49.3 %-49.3 %-53.7 %
Gearing-5.1 %
Relative net indebtedness %121.7 %102.3 %
Liquidity
Quick ratio0.10.00.00.0
Current ratio0.10.00.00.0
Cash and cash equivalents41.9019.0919.0916.30
Capital use efficiency
Trade debtors turnover (days)
Net working capital %-121.7 %-102.3 %
Credit risk
Credit ratingBBBBB

Variable visualization

ROA:7.06%
Rating: 49/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:-53.7%
Rating: 0/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer

Companies in the same industry

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