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AARGAB ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About AARGAB ApS
AARGAB ApS (CVR number: 31183618K) is a company from RINGKØBING-SKJERN. The company reported a net sales of 450.8 mDKK in 2025, demonstrating a growth of 4.4 % compared to the previous year. The operating profit percentage was at 10.6 % (EBIT: 47.7 mDKK), while net earnings were 43.4 mDKK. The profitability of the company measured by Return on Assets (ROA) was 15.4 %, which can be considered excellent and Return on Equity (ROE) was 16.2 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 79.2 %, 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 3.2 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 financialsNet sales (mDKK)
EBIT (mDKK)
Profitability
Solidity
Key figures (mDKK)
See financials2021 | 2022 | 2023 | 2024 | 2025 | |
|---|---|---|---|---|---|
| Volume | |||||
| Net sales | 299.43 | 365.47 | 414.79 | 431.95 | 450.81 |
| Gross profit | 136.62 | 160.34 | 186.53 | 200.46 | 223.92 |
| EBIT | 21.22 | 19.98 | 33.20 | 33.81 | 47.66 |
| Net earnings | 23.11 | 12.81 | 27.58 | 30.56 | 43.41 |
| Shareholders equity total | 199.44 | 208.66 | 233.42 | 259.79 | 282.37 |
| Balance sheet total (assets) | 261.93 | 292.29 | 307.36 | 336.29 | 356.54 |
| Net debt | -98.69 | - 107.25 | |||
| Profitability | |||||
| EBIT-% | 7.1 % | 5.5 % | 8.0 % | 7.8 % | 10.6 % |
| ROA | 8.4 % | 7.2 % | 11.1 % | 12.3 % | 15.4 % |
| ROE | 12.2 % | 6.3 % | 12.5 % | 12.6 % | 16.2 % |
| ROI | 8.4 % | 7.2 % | 11.1 % | 13.7 % | 18.9 % |
| Economic value added (EVA) | 12.13 | 9.96 | 22.72 | 14.38 | 25.33 |
| Solvency | |||||
| Equity ratio | 100.0 % | 100.0 % | 100.0 % | 77.6 % | 79.2 % |
| Gearing | 1.4 % | ||||
| Relative net indebtedness % | -8.0 % | -9.3 % | |||
| Liquidity | |||||
| Quick ratio | 2.7 | 3.2 | |||
| Current ratio | 3.4 | 4.1 | |||
| Cash and cash equivalents | 102.31 | 107.25 | |||
| Capital use efficiency | |||||
| Trade debtors turnover (days) | 19.1 | 10.7 | |||
| Net working capital % | 23.9 % | 23.7 % | |||
| Credit risk | |||||
| Credit rating | BBB | A | A | A | AA |
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