ABENA A/S — Credit Rating and Financial Key Figures
Credit rating
Company information
About ABENA A/S
ABENA A/S (CVR number: 25682742) is a company from AABENRAA. The company reported a net sales of 4109.5 mDKK in 2023, demonstrating a growth of 1.2 % compared to the previous year. The operating profit percentage was at 0.7 % (EBIT: 29.4 mDKK), while net earnings were 19.9 mDKK. The profitability of the company measured by Return on Assets (ROA) was 2.6 %, which can be considered weak and Return on Equity (ROE) was 2.4 %, which can be considered weak. The equity ratio, a key indicator for solidity, stood at 39.4 %, a level that can be considered to be low. This means a higher proportion of debt in its capital structure, indicating a greater reliance on borrowed funds. ABENA A/S's liquidity measured by quick ratio was 1.2 which is at a high level. Thus, the company is in a strong financial position, with liquid assets surpassing current liabilities. It is well-prepared to cover short-term financial obligations.
Financial information
See financialsNet sales (mDKK)
EBIT (mDKK)
Profitability
Solidity
Key figures (mDKK)
See financials2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | 3 114.81 | 5 008.23 | 4 944.24 | 4 061.77 | 4 109.52 |
Gross profit | 224.80 | 623.30 | 511.50 | 96.20 | 279.40 |
EBIT | 64.31 | 431.43 | 306.07 | - 128.33 | 29.38 |
Net earnings | 45.90 | 324.25 | 251.54 | - 110.71 | 19.93 |
Shareholders equity total | 468.30 | 783.35 | 970.09 | 809.08 | 829.01 |
Balance sheet total (assets) | 1 303.39 | 2 672.05 | 1 724.81 | 2 243.18 | 2 080.92 |
Net debt | 1 213.99 | 962.85 | |||
Profitability | |||||
EBIT-% | 2.1 % | 8.6 % | 6.2 % | -3.2 % | 0.7 % |
ROA | 4.6 % | 21.7 % | 13.9 % | -6.0 % | 2.6 % |
ROE | 10.3 % | 51.8 % | 28.7 % | -12.4 % | 2.4 % |
ROI | 4.9 % | 21.7 % | 13.9 % | -6.4 % | 2.9 % |
Economic value added (EVA) | 43.39 | 407.90 | 266.70 | - 148.96 | -17.77 |
Solvency | |||||
Equity ratio | 100.0 % | 100.0 % | 100.0 % | 36.0 % | 39.4 % |
Gearing | 150.4 % | 116.2 % | |||
Relative net indebtedness % | 35.2 % | 30.5 % | |||
Liquidity | |||||
Quick ratio | 1.2 | 1.2 | |||
Current ratio | 1.6 | 1.6 | |||
Cash and cash equivalents | 2.60 | 0.04 | |||
Capital use efficiency | |||||
Trade debtors turnover (days) | 46.8 | 47.5 | |||
Net working capital % | 19.5 % | 19.7 % | |||
Credit risk | |||||
Credit rating | BBB | BBB | BBB | BBB | A |
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