ARMINOX A/S
Credit rating
Company information
About ARMINOX A/S
ARMINOX A/S (CVR number: 30284828) is a company from VIBORG. The company recorded a gross profit of 28.7 mDKK in 2023. The operating profit was 15.1 mDKK, while net earnings were 15.5 mDKK. The profitability of the company measured by Return on Assets (ROA) was 16.4 %, which can be considered excellent and Return on Equity (ROE) was 17.8 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 68.5 %, a level that can be considered to be good. This shows that a large part of the company's assets are funded by shareholders' equity, reducing financial risk. ARMINOX A/S's liquidity measured by quick ratio was 0.8 which is at a low level. Thus, the company may face difficulties in addressing its short-term obligations with its available liquid assets.
Financial information
See financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | |||||
Gross profit | 46 123.13 | 47 616.08 | 60 829.96 | 54 502.44 | 28 723.03 |
EBIT | 30 951.34 | 33 013.82 | 44 686.14 | 38 104.97 | 15 131.44 |
Net earnings | 25 257.28 | 27 474.31 | 40 997.20 | 33 320.62 | 15 470.79 |
Shareholders equity total | 69 481.06 | 71 276.47 | 87 990.84 | 109 115.80 | 64 261.05 |
Balance sheet total (assets) | 115 133.79 | 101 809.35 | 139 410.57 | 141 616.40 | 93 848.57 |
Net debt | -1 853.32 | 3 121.86 | 5 247.99 | 7 079.55 | 13 108.60 |
Profitability | |||||
EBIT-% | |||||
ROA | 28.2 % | 32.4 % | 42.6 % | 30.1 % | 16.4 % |
ROE | 35.2 % | 39.0 % | 51.5 % | 33.8 % | 17.8 % |
ROI | 37.2 % | 42.7 % | 56.4 % | 38.0 % | 18.7 % |
Economic value added (EVA) | 20 339.97 | 22 497.76 | 31 372.46 | 25 662.51 | 6 559.72 |
Solvency | |||||
Equity ratio | 60.3 % | 70.2 % | 63.1 % | 77.1 % | 68.5 % |
Gearing | 12.3 % | 11.3 % | 8.3 % | 10.4 % | 22.9 % |
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 1.3 | 2.2 | 1.0 | 1.8 | 0.8 |
Current ratio | 2.6 | 3.8 | 2.6 | 4.6 | 2.7 |
Cash and cash equivalents | 10 393.31 | 4 959.30 | 2 037.71 | 4 304.19 | 1 599.03 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | AAA | AAA | AA | AAA | AAA |
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