Aktieselskabet III af 26.11.2018

CVR number: 39927438
Store Torv 1, 8000 Aarhus C

Credit rating

Company information

Official name
Aktieselskabet III af 26.11.2018
Established
2018
Company form
Limited company
Industry
  • Expand more icon35Electricity, gas, steam and air conditioning supply

About the company

Aktieselskabet III af 26.11.2018 (CVR number: 39927438) is a company from AARHUS. The company recorded a gross profit of 92.3 mDKK in 2023. The operating profit was 65.7 mDKK, while net earnings were 35.8 mDKK. The profitability of the company measured by Return on Assets (ROA) was 8.3 %, which can be considered good but Return on Equity (ROE) was 34.8 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 15.8 %, 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 III af 26.11.2018's liquidity measured by quick ratio was 0.4 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 sales
Gross profit-16.25- 274.64-1 017.9167 492.1392 269.77
EBIT-16.25- 274.64-3 743.2445 481.6565 678.07
Net earnings- 301.17- 189.89-5 525.3027 346.5135 752.52
Shareholders equity total19 698.8363 199.9957 674.7085 021.21120 534.38
Balance sheet total (assets)20 715.0873 258.35678 660.82806 448.56761 360.91
Net debt906.615 530.84579 582.15650 674.09587 950.01
Profitability
EBIT-%
ROA-1.5 %-0.5 %-1.0 %6.1 %8.3 %
ROE-1.5 %-0.5 %-9.1 %38.3 %34.8 %
ROI-1.5 %-0.5 %-1.1 %6.3 %8.4 %
Economic value added (EVA)-12.67- 163.34-3 388.9932 626.4423 737.48
Solvency
Equity ratio95.1 %86.3 %8.5 %10.5 %15.8 %
Gearing5.1 %13.0 %1006.1 %825.8 %504.8 %
Relative net indebtedness %
Liquidity
Quick ratio0.40.50.00.40.4
Current ratio0.40.50.00.40.4
Cash and cash equivalents99.642 712.90673.3351 458.6920 552.48
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBBAAA

Variable visualization

ROA:8.34%
Rating: 52/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:15.8%
Rating: 15/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer
Chairman of the board

Companies in the same industry

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