AARHUS LETBANE I/S — Credit Rating and Financial Key Figures

CVR number: 34704724
Thomas Koppels Gade 311, 8000 Aarhus C
info@aarhusletbane.dk
tel: 40316191

Company information

Official name
AARHUS LETBANE I/S
Personnel
33 persons
Established
2012
Company form
General partnership
Industry

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 financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2019
2022
2023
Volume
Net sales339 938.00358 407.00
Gross profit116 414.00121 822.00
EBIT81 200.0085 479.00
Net earnings-76 435.00-64 940.00
Shareholders equity total- 121 614.00- 186 554.00
Balance sheet total (assets)2 296 087.002 098 798.00
Net debt1 881 068.001 767 206.00
Profitability
EBIT-%23.9 %23.8 %
ROA2.9 %3.6 %
ROE-3.3 %-3.0 %
ROI3.7 %4.6 %
Economic value added (EVA)-83 674.2981 200.0010 096.91
Solvency
Equity ratio-5.0 %-8.2 %
Gearing-1566.2 %-958.5 %
Relative net indebtedness %704.3 %631.8 %
Liquidity
Quick ratio0.80.7
Current ratio0.80.7
Cash and cash equivalents23 676.0020 972.00
Capital use efficiency
Trade debtors turnover (days)
Net working capital %-22.4 %-24.9 %
Credit risk
Credit ratingAA

Variable visualization

ROA:3.60%
Rating: 38/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:-8.16%
Rating: 0/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Board member
Board member
Chairman of the board

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