AREKIM FRB24 ApS — Credit Rating and Financial Key Figures

CVR number: 35212078
Vestre Ringgade 26, 8000 Aarhus C
taurus@taurus.dk
tel: 86122020

Company information

Official name
AREKIM FRB24 ApS
Established
2013
Company form
Private limited company
Industry

About AREKIM FRB24 ApS

AREKIM FRB24 ApS (CVR number: 35212078) is a company from AARHUS. The company recorded a gross profit of 3431 kDKK in 2023. The operating profit was -455 kDKK, while net earnings were -4895 kDKK. The profitability of the company measured by Return on Assets (ROA) was 1.2 %, which can be considered weak but Return on Equity (ROE) was -3.5 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 50.5 %, a level that can be considered to be modest. This means a balanced mix of debt and equity financing its assets—a typical operational level for many companies. AREKIM FRB24 ApS's liquidity measured by quick ratio was 0.2 which is at a very low level. Thus, the company is in an unstable financial position, with its liquid assets significantly undermatching its current liabilities. This severe liquidity deficiency may lead to financial distress and threaten the company's operational continuity.

Financial information

See financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2019
2020
2021
2022
2023
Volume
Net sales
Gross profit2 231.002 503.002 032.005 423.003 431.00
EBIT-19 137.0028 697.002 032.006 274.00- 455.00
Net earnings-27 099.0025 172.0015 495.007 110.00-4 895.00
Shareholders equity total94 094.00119 266.00134 761.00141 871.00136 976.00
Balance sheet total (assets)214 065.00238 399.00257 850.00267 795.00271 073.00
Net debt109 616.00112 354.00112 000.00110 801.00108 087.00
Profitability
EBIT-%
ROA-8.5 %12.7 %9.1 %4.6 %1.2 %
ROE-25.2 %23.6 %12.2 %5.1 %-3.5 %
ROI-8.6 %12.8 %9.2 %4.6 %1.2 %
Economic value added (EVA)-26 291.0727 017.22-9 264.75-6 678.70-12 133.18
Solvency
Equity ratio44.0 %50.0 %52.3 %53.0 %50.5 %
Gearing123.3 %96.4 %85.9 %83.0 %88.8 %
Relative net indebtedness %
Liquidity
Quick ratio4.90.31.42.80.2
Current ratio4.90.31.42.80.2
Cash and cash equivalents6 409.002 629.003 706.006 930.0013 528.00
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingAAAAAAAAAA

Variable visualization

ROA:1.17%
Rating: 26/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:50.5%
Rating: 40/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

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