AARGAB ApS — Credit Rating and Financial Key Figures

CVR number: 31183618
Marupvej 31 B, 6900 Skjern

Credit rating

Company information

Official name
AARGAB ApS
Established
2007
Company form
Private limited company
Industry

About AARGAB ApS

AARGAB ApS (CVR number: 31183618K) is a company from RINGKØBING-SKJERN. The company reported a net sales of 414.8 mDKK in 2023, demonstrating a growth of 13.5 % compared to the previous year. The operating profit percentage was at 8 % (EBIT: 33.2 mDKK), while net earnings were 27.6 mDKK. The profitability of the company measured by Return on Assets (ROA) was 12.4 %, which can be considered good and Return on Equity (ROE) was 12.8 %, which can be considered good. The equity ratio, a key indicator for solidity, stood at 78.3 %, a level that can be considered to be good. This shows that a large part of the company's assets are funded by shareholders' equity, reducing financial risk. AARGAB ApS's liquidity measured by quick ratio was 2.6 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

Net sales (mDKK)

EBIT (mDKK)

Profitability

Solidity

Key figures (mDKK)

See financials
2019
2020
2021
2022
2023
Volume
Net sales320.85296.63299.43365.47414.79
Gross profit147.01140.49136.62160.34186.53
EBIT20.6824.7521.2219.9833.20
Net earnings17.3220.7023.1112.8127.58
Shareholders equity total165.28180.84199.44208.66233.42
Balance sheet total (assets)226.23243.23261.93292.29307.36
Net debt-61.08-88.50
Profitability
EBIT-%6.4 %8.3 %7.1 %5.5 %8.0 %
ROA9.2 %10.5 %8.4 %8.2 %12.4 %
ROE11.1 %12.0 %12.2 %6.4 %12.8 %
ROI10.4 %10.5 %8.4 %9.3 %15.9 %
Economic value added (EVA)15.5416.4512.135.3619.05
Solvency
Equity ratio100.0 %100.0 %100.0 %73.1 %78.3 %
Gearing8.3 %0.0 %
Relative net indebtedness %0.1 %-4.7 %
Liquidity
Quick ratio2.12.6
Current ratio2.63.0
Cash and cash equivalents78.3688.56
Capital use efficiency
Trade debtors turnover (days)23.016.9
Net working capital %19.2 %18.1 %
Credit risk
Credit ratingBBBBBBBBBAAAAAA

Variable visualization

ROA:12.4%
Rating: 62/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:78.3%
Rating: 58/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

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