AARHUS LETBANE I/S — Credit Rating and Financial Key Figures
Credit rating
Company information
About AARHUS LETBANE I/S
AARHUS LETBANE I/S (CVR number: 34704724) is a company from AARHUS. The company reported a net sales of 374.2 mDKK in 2024, demonstrating a growth of 4.4 % compared to the previous year. The operating profit percentage was at 22.3 % (EBIT: 83.6 mDKK), while net earnings were -64.8 mDKK. The profitability of the company measured by Return on Assets (ROA) was 3.7 %, which can be considered weak but Return on Equity (ROE) was -3.2 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at -11.3 %. This indicates that the company's debt surpasses the value of its total assets, posing significant financial risk. AARHUS LETBANE I/S's liquidity measured by quick ratio was 0.6 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 financials2023 | 2024 | |
|---|---|---|
| Volume | ||
| Net sales | 358 407.00 | 374 192.00 |
| Gross profit | 121 822.00 | 120 187.00 |
| EBIT | 85 479.00 | 83 615.00 |
| Net earnings | -64 940.00 | -64 800.00 |
| Shareholders equity total | - 186 554.00 | - 251 354.00 |
| Balance sheet total (assets) | 2 083 238.00 | 1 970 112.00 |
| Net debt | 1 767 206.00 | 1 716 741.00 |
| Profitability | ||
| EBIT-% | 23.8 % | 22.3 % |
| ROA | 3.7 % | 3.7 % |
| ROE | -3.1 % | -3.2 % |
| ROI | 4.7 % | 4.7 % |
| Economic value added (EVA) | 85 479.00 | 3 133.39 |
| Solvency | ||
| Equity ratio | -8.2 % | -11.3 % |
| Gearing | -958.5 % | -690.7 % |
| Relative net indebtedness % | 627.4 % | 588.5 % |
| Liquidity | ||
| Quick ratio | 0.6 | 0.6 |
| Current ratio | 0.6 | 0.6 |
| Cash and cash equivalents | 20 972.00 | 19 249.00 |
| Capital use efficiency | ||
| Trade debtors turnover (days) | ||
| Net working capital % | -24.9 % | -27.5 % |
| Credit risk | ||
| Credit rating | A | BBB |
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