AGGER DEVELOPMENT A/S — Credit Rating and Financial Key Figures

CVR number: 29628564
Thomas Koppels Gade 30, 8000 Aarhus C
mail@vidarejendomme.dk
tel: 65982347

Credit rating

Company information

Official name
AGGER DEVELOPMENT A/S
Personnel
1 person
Established
2006
Company form
Limited company
Industry
  • Expand more icon68Real estate activities

About AGGER DEVELOPMENT A/S

AGGER DEVELOPMENT A/S (CVR number: 29628564) is a company from AARHUS. The company recorded a gross profit of 2284.4 kDKK in 2023. The operating profit was 2525.6 kDKK, while net earnings were 1717.1 kDKK. The profitability of the company measured by Return on Assets (ROA) was 3 %, which can be considered weak but Return on Equity (ROE) was 4.3 %, which can be considered decent. The equity ratio, a key indicator for solidity, stood at 45.8 %, 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. AGGER DEVELOPMENT A/S's liquidity measured by quick ratio was 2.5 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 financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2019
2020
2021
2022
2023
Volume
Net sales
Gross profit1 932.002 145.531 982.522 152.672 284.44
EBIT1 980.143 790.643 727.372 090.302 525.56
Net earnings1 616.362 757.902 838.781 483.041 717.14
Shareholders equity total45 025.6847 783.5849 122.3641 056.0138 273.16
Balance sheet total (assets)92 768.0795 604.4096 816.8386 938.3183 902.24
Net debt32 735.2330 957.0429 692.7830 823.3430 094.23
Profitability
EBIT-%
ROA2.3 %4.1 %4.1 %2.4 %3.0 %
ROE2.9 %5.9 %5.9 %3.3 %4.3 %
ROI2.3 %4.1 %4.1 %2.4 %3.1 %
Economic value added (EVA)-3 424.33- 937.44- 973.61-2 318.32-1 601.39
Solvency
Equity ratio48.6 %50.0 %50.9 %47.4 %45.8 %
Gearing75.7 %70.6 %68.0 %79.2 %84.3 %
Relative net indebtedness %
Liquidity
Quick ratio3.85.06.43.62.5
Current ratio3.54.85.82.72.1
Cash and cash equivalents1 339.192 774.853 697.531 682.802 171.17
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingAAAAAAAAAAA

Variable visualization

ROA:3.03%
Rating: 35/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:45.8%
Rating: 37/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chairman of the board
Board member

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