AIKAN ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About AIKAN ApS
AIKAN ApS (CVR number: 29840997) is a company from Høje-Taastrup. The company reported a net sales of 0.3 mDKK in 2023, demonstrating a decline of -45.5 % compared to the previous year. The operating profit percentage was at 19.9 % (EBIT: 0.1 mDKK), while net earnings were -433.1 kDKK. The profitability of the company measured by Return on Assets (ROA) was 1.2 %, which can be considered weak but Return on Equity (ROE) was -3.8 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at -25.8 %. This indicates that the company's debt surpasses the value of its total assets, posing significant financial risk. AIKAN ApS's liquidity measured by quick ratio was 11.2 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 financialsNet sales (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | 3 967.72 | 2 084.97 | 1 158.44 | 583.68 | 318.31 |
Gross profit | - 283.56 | - 951.00 | - 608.49 | 532.56 | 315.74 |
EBIT | -5 032.00 | -3 859.24 | -3 687.89 | 199.58 | 63.37 |
Net earnings | -3 105.81 | -3 336.06 | -3 316.47 | 497.14 | - 433.12 |
Shareholders equity total | 2 928.59 | - 407.47 | -3 723.94 | -3 226.79 | -3 659.91 |
Balance sheet total (assets) | 15 738.99 | 16 624.07 | 14 480.77 | 12 595.89 | 10 502.41 |
Net debt | 7 584.81 | 10 607.90 | 13 111.19 | 10 835.10 | 9 587.84 |
Profitability | |||||
EBIT-% | -126.8 % | -185.1 % | -318.3 % | 34.2 % | 19.9 % |
ROA | -39.0 % | -22.6 % | -20.0 % | 2.1 % | 1.2 % |
ROE | -69.3 % | -34.1 % | -21.3 % | 3.7 % | -3.8 % |
ROI | -43.5 % | -25.3 % | -21.4 % | 2.4 % | 1.7 % |
Economic value added (EVA) | -4 585.32 | -3 288.50 | -3 008.12 | 200.26 | 129.49 |
Solvency | |||||
Equity ratio | 18.6 % | -2.5 % | -20.5 % | -20.4 % | -25.8 % |
Gearing | 271.3 % | -2878.1 % | -377.5 % | -367.1 % | -277.9 % |
Relative net indebtedness % | 313.8 % | 763.2 % | 1489.9 % | 2537.6 % | 4263.7 % |
Liquidity | |||||
Quick ratio | 4.4 | 4.5 | 2.2 | 3.3 | 11.2 |
Current ratio | 4.4 | 3.9 | 2.2 | 3.3 | 11.2 |
Cash and cash equivalents | 360.41 | 1 119.50 | 945.49 | 1 011.02 | 583.85 |
Capital use efficiency | |||||
Trade debtors turnover (days) | 244.5 | 466.3 | 3.8 | 36.4 | |
Net working capital % | 222.6 % | 417.6 % | 449.8 % | 1027.1 % | 2145.9 % |
Credit risk | |||||
Credit rating | BB | BB | BB | BBB | BBB |
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