Andel Ratio A/S — Credit Rating and Financial Key Figures
Credit rating
Company information
About Andel Ratio A/S
Andel Ratio A/S (CVR number: 25784499) is a company from HOLBÆK. The company recorded a gross profit of 84.7 mDKK in 2023. The operating profit was 84.7 mDKK, while net earnings were 21.5 mDKK. The profitability of the company measured by Return on Assets (ROA) was 5.2 %, which can be considered decent but Return on Equity (ROE) was 1.1 %, which can be considered weak. The equity ratio, a key indicator for solidity, stood at 51.3 %, 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. Andel Ratio A/S's liquidity measured by quick ratio was 0 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 financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | |||||
Gross profit | 9 742.00 | 37 794.00 | 43 357.00 | 64 811.00 | 84 725.00 |
EBIT | 9 853.00 | 37 889.00 | 43 438.00 | 64 864.00 | 84 747.00 |
Net earnings | 7 808.00 | 30 217.00 | 41 727.00 | 22 327.00 | 21 523.00 |
Shareholders equity total | 1 782 174.00 | 1 812 391.00 | 1 854 118.00 | 1 876 445.00 | 1 897 968.00 |
Balance sheet total (assets) | 1 784 459.00 | 1 822 748.00 | 4 609 048.00 | 2 868 013.00 | 3 701 810.00 |
Net debt | -75.00 | - 313.00 | 2 737 377.00 | 979 591.00 | 1 773 810.00 |
Profitability | |||||
EBIT-% | |||||
ROA | 1.1 % | 2.3 % | 2.9 % | 3.6 % | 5.2 % |
ROE | 0.8 % | 1.7 % | 2.3 % | 1.2 % | 1.1 % |
ROI | 1.1 % | 2.3 % | 2.9 % | 3.6 % | 5.3 % |
Economic value added (EVA) | 934.80 | -61 336.57 | -40 495.17 | -47 029.01 | -17 745.57 |
Solvency | |||||
Equity ratio | 99.9 % | 99.4 % | 40.2 % | 65.4 % | 51.3 % |
Gearing | 147.7 % | 52.2 % | 93.5 % | ||
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 27.5 | 14.0 | 0.2 | 0.0 | 0.0 |
Current ratio | 27.5 | 14.0 | 0.2 | 0.0 | 0.0 |
Cash and cash equivalents | 75.00 | 313.00 | 1 731.00 | ||
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | AAA | AAA | AA | AAA | AA |
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