Aalborg Fjernkøling Udvikling A/S — Credit Rating and Financial Key Figures

CVR number: 38255452
Norbis Park 100, Stae 9310 Vodskov
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Company information

Official name
Aalborg Fjernkøling Udvikling A/S
Established
2016
Domicile
Stae
Company form
Limited company
Industry

About Aalborg Fjernkøling Udvikling A/S

Aalborg Fjernkøling Udvikling A/S (CVR number: 38255452) is a company from AALBORG. The company recorded a gross profit of -36 kDKK in 2023. The operating profit was -311 kDKK, while net earnings were -253 kDKK. The profitability of the company measured by Return on Assets (ROA) was -102.3 %, which can be considered poor and Return on Equity (ROE) was -156.2 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at -59.2 %. This indicates that the company's debt surpasses the value of its total assets, posing significant financial risk. Aalborg Fjernkøling Udvikling A/S'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
2019
2020
2021
2022
2023
Volume
Net sales280.00
Gross profit128.00-36.00
EBIT-23.00- 307.00- 192.00-49.00- 311.00
Net earnings-18.00- 224.00- 151.00-43.00- 253.00
Shareholders equity total402.00178.0027.00-16.00- 268.00
Balance sheet total (assets)478.00277.0083.00139.00185.00
Net debt- 386.00-92.0056.00152.00453.00
Profitability
EBIT-%-8.2 %
ROA-4.7 %-81.1 %-106.7 %-41.2 %-102.3 %
ROE-4.4 %-77.2 %-147.3 %-51.8 %-156.2 %
ROI-5.4 %-94.9 %-117.8 %-41.7 %-102.8 %
Economic value added (EVA)-18.20- 224.80- 151.27-43.50- 241.30
Solvency
Equity ratio84.1 %64.3 %32.5 %-10.3 %-59.2 %
Gearing36.5 %207.4 %-950.0 %-169.0 %
Relative net indebtedness %-110.7 %
Liquidity
Quick ratio6.32.81.50.90.4
Current ratio6.32.81.50.90.4
Cash and cash equivalents386.00157.00
Capital use efficiency
Trade debtors turnover (days)84.7
Net working capital %143.6 %
Credit risk
Credit ratingBBBBBBBBB

Variable visualization

ROA:-102.3%
Rating: 0/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:-59.2%
Rating: 0/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Board member
Board member
Chairman of the board
Board member
Board member

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