ÅRUP FINANS ApS — Credit Rating and Financial Key Figures

CVR number: 28868278
Årupvej 91, 9760 Vrå
tel: 25674091

Credit rating

Company information

Official name
ÅRUP FINANS ApS
Established
2005
Company form
Private limited company
Industry

About ÅRUP FINANS ApS

ÅRUP FINANS ApS (CVR number: 28868278) is a company from HJØRRING. The company recorded a gross profit of 114.7 kDKK in 2023. The operating profit was -36.3 kDKK, while net earnings were 257.9 kDKK. The profitability of the company measured by Return on Assets (ROA) was 11.7 %, which can be considered good and Return on Equity (ROE) was 8.2 %, which can be considered good. The equity ratio, a key indicator for solidity, stood at 92.9 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. ÅRUP FINANS ApS's liquidity measured by quick ratio was 8.1 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
2019
2020
2021
2022
2023
Volume
Net sales
Gross profit135.4790.4784.1066.10114.68
EBIT150.93-95.38-3.82- 108.13-36.35
Net earnings179.69334.55405.30531.98257.93
Shareholders equity total2 157.972 381.922 674.223 091.803 231.94
Balance sheet total (assets)2 935.713 255.503 223.083 237.743 477.29
Net debt- 141.31-1 200.33-98.78- 212.44-1 736.70
Profitability
EBIT-%
ROA7.7 %15.5 %15.8 %27.6 %11.7 %
ROE8.5 %14.7 %16.0 %18.5 %8.2 %
ROI7.9 %15.9 %16.3 %28.3 %12.1 %
Economic value added (EVA)107.41- 143.7824.80- 145.79-87.09
Solvency
Equity ratio73.5 %73.2 %83.0 %95.5 %92.9 %
Gearing35.5 %30.6 %18.7 %1.0 %5.6 %
Relative net indebtedness %
Liquidity
Quick ratio3.32.41.33.28.1
Current ratio3.32.41.33.28.1
Cash and cash equivalents906.491 929.70597.95242.801 916.83
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBBBBBBBB

Variable visualization

ROA:11.7%
Rating: 61/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:92.9%
Rating: 73/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer

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