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 358.4 mDKK in 2023, demonstrating a growth of 5.4 % compared to the previous year. The operating profit percentage was at 23.8 % (EBIT: 85.5 mDKK), while net earnings were -64.9 mDKK. The profitability of the company measured by Return on Assets (ROA) was 3.6 %, which can be considered weak but Return on Equity (ROE) was -3 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at -8.2 %. 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 0.7 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 | 2022 | 2023 | |
---|---|---|---|
Volume | |||
Net sales | 339 938.00 | 358 407.00 | |
Gross profit | 116 414.00 | 121 822.00 | |
EBIT | 81 200.00 | 85 479.00 | |
Net earnings | -76 435.00 | -64 940.00 | |
Shareholders equity total | - 121 614.00 | - 186 554.00 | |
Balance sheet total (assets) | 2 296 087.00 | 2 098 798.00 | |
Net debt | 1 881 068.00 | 1 767 206.00 | |
Profitability | |||
EBIT-% | 23.9 % | 23.8 % | |
ROA | 2.9 % | 3.6 % | |
ROE | -3.3 % | -3.0 % | |
ROI | 3.7 % | 4.6 % | |
Economic value added (EVA) | -83 674.29 | 81 200.00 | 10 096.91 |
Solvency | |||
Equity ratio | -5.0 % | -8.2 % | |
Gearing | -1566.2 % | -958.5 % | |
Relative net indebtedness % | 704.3 % | 631.8 % | |
Liquidity | |||
Quick ratio | 0.8 | 0.7 | |
Current ratio | 0.8 | 0.7 | |
Cash and cash equivalents | 23 676.00 | 20 972.00 | |
Capital use efficiency | |||
Trade debtors turnover (days) | |||
Net working capital % | -22.4 % | -24.9 % | |
Credit risk | |||
Credit rating | A | A |
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