AAGAARD REFRIGERATION ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About AAGAARD REFRIGERATION ApS
AAGAARD REFRIGERATION ApS (CVR number: 32146333) is a company from AARHUS. The company recorded a gross profit of -0.2 kDKK in 2023. The operating profit was -0.2 kDKK, while net earnings were 38.5 kDKK. The profitability of the company measured by Return on Assets (ROA) was 8.3 %, which can be considered good and Return on Equity (ROE) was 9.5 %, which can be considered good. The equity ratio, a key indicator for solidity, stood at 61.5 %, 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. AAGAARD REFRIGERATION ApS's liquidity measured by quick ratio was 2.6 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 financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | |||||
Gross profit | -7.21 | -7.29 | -2.95 | -8.37 | -0.24 |
EBIT | -7.21 | -7.29 | -2.95 | -8.37 | -0.24 |
Net earnings | 42.18 | -4.21 | 45.83 | -55.70 | 38.53 |
Shareholders equity total | 600.92 | 541.41 | 530.74 | 417.84 | 397.47 |
Balance sheet total (assets) | 670.28 | 651.58 | 687.73 | 610.93 | 646.73 |
Net debt | - 662.17 | - 635.24 | - 687.73 | - 586.90 | - 641.95 |
Profitability | |||||
EBIT-% | |||||
ROA | 8.4 % | 3.9 % | 9.4 % | 4.9 % | 8.3 % |
ROE | 7.0 % | -0.7 % | 8.5 % | -11.7 % | 9.5 % |
ROI | 9.3 % | 4.5 % | 11.7 % | 6.7 % | 12.7 % |
Economic value added (EVA) | -4.61 | -2.61 | 2.49 | 1.35 | 8.31 |
Solvency | |||||
Equity ratio | 89.7 % | 83.1 % | 77.2 % | 68.4 % | 61.5 % |
Gearing | |||||
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 9.7 | 5.9 | 4.4 | 3.2 | 2.6 |
Current ratio | 9.7 | 5.9 | 4.4 | 3.2 | 2.6 |
Cash and cash equivalents | 662.17 | 635.24 | 687.73 | 586.90 | 641.95 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | BB | BB | BBB | BB | BBB |
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