ALUMECO HOLDING ApS — Credit Rating and Financial Key Figures

CVR number: 10035562
Næsbyvej 26, 5000 Odense C

Company information

Official name
ALUMECO HOLDING ApS
Established
2000
Company form
Private limited company
Industry

About ALUMECO HOLDING ApS

ALUMECO HOLDING ApS (CVR number: 10035562K) is a company from ODENSE. The company reported a net sales of 6551.5 mDKK in 2022, demonstrating a decline of -15.9 % compared to the previous year. The operating profit percentage was at 4.5 % (EBIT: 293.7 mDKK), while net earnings were 226.8 mDKK. The profitability of the company measured by Return on Assets (ROA) was 9.3 %, which can be considered good but Return on Equity (ROE) was 18.6 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 49.5 %, a level that can be considered to be modest. This means a balanced mix of debt and equity financing its assets—a typical operational level for many companies. ALUMECO HOLDING ApS's liquidity measured by quick ratio was 1 which is at a modest level. Thus, the company's liquid assets are in relative balance with its short-term liabilities, indicating a moderate liquidity position. While it's likely to meet its current obligations, financial flexibility may be constrained, and unexpected costs could pose challenges.

Financial information

See financials

Net sales (mDKK)

EBIT (mDKK)

Profitability

Solidity

Key figures (mDKK)

See financials
2018
2019
2020
2021
2022
Volume
Net sales4 491.314 044.674 625.187 790.466 551.54
Gross profit508.10519.10684.261 311.92704.42
EBIT120.80150.01319.02869.83293.71
Net earnings79.61103.31243.12659.21226.75
Shareholders equity total534.11598.31814.531 355.491 299.03
Balance sheet total (assets)1 713.801 563.241 941.243 933.012 625.13
Net debt799.95499.63353.411 503.18576.84
Profitability
EBIT-%2.7 %3.7 %6.9 %11.2 %4.5 %
ROA7.2 %9.4 %18.4 %29.7 %9.3 %
ROE18.1 %21.2 %40.2 %71.0 %18.6 %
ROI9.1 %11.9 %25.1 %40.4 %12.3 %
Economic value added (EVA)62.5883.70219.80640.77194.15
Solvency
Equity ratio31.2 %38.3 %42.0 %34.5 %49.5 %
Gearing152.1 %97.3 %53.7 %117.7 %50.1 %
Relative net indebtedness %25.7 %21.4 %22.1 %31.7 %19.1 %
Liquidity
Quick ratio0.80.91.10.71.0
Current ratio1.41.51.71.61.9
Cash and cash equivalents12.5382.7984.1291.9474.47
Capital use efficiency
Trade debtors turnover (days)65.157.873.265.659.3
Net working capital %9.8 %11.7 %15.8 %18.3 %18.7 %
Credit risk
Credit ratingAAAAAAAAA

Variable visualization

ROA:9.27%
Rating: 55/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:49.5%
Rating: 40/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

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