LARS FOGH. AALBORG ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About LARS FOGH. AALBORG ApS
LARS FOGH. AALBORG ApS (CVR number: 36438517) is a company from AALBORG. The company reported a net sales of 20.3 mDKK in 2023, demonstrating a growth of 1985.4 % compared to the previous year. The operating profit percentage was at 99.2 % (EBIT: 20.2 mDKK), while net earnings were 23.4 mDKK. The profitability of the company measured by Return on Assets (ROA) was 8.5 %, which can be considered good and Return on Equity (ROE) was 9.8 %, which can be considered good. The equity ratio, a key indicator for solidity, stood at 73 %, 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. LARS FOGH. AALBORG ApS's liquidity measured by quick ratio was 1.3 which is at a high level. Thus, the company is in a strong financial position, with liquid assets surpassing current liabilities. It is well-prepared to cover short-term financial obligations.
Financial information
See financialsNet sales (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | 14 155.46 | 12 558.52 | 9 596.05 | 975.53 | 20 343.64 |
Gross profit | 13 941.85 | 12 486.08 | 9 518.45 | 893.77 | 20 183.24 |
EBIT | 13 941.85 | 12 486.08 | 9 518.45 | 893.77 | 20 183.24 |
Net earnings | 15 460.02 | 16 001.06 | 12 895.08 | 3 506.17 | 23 361.07 |
Shareholders equity total | 195 422.68 | 207 141.13 | 221 525.07 | 224 295.46 | 250 598.27 |
Balance sheet total (assets) | 203 201.98 | 211 950.30 | 239 113.13 | 245 106.63 | 343 247.57 |
Net debt | 7 095.81 | 2 543.64 | 16 570.36 | 19 694.79 | 91 260.93 |
Profitability | |||||
EBIT-% | 98.5 % | 99.4 % | 99.2 % | 91.6 % | 99.2 % |
ROA | 7.8 % | 8.2 % | 6.2 % | 2.0 % | 8.5 % |
ROE | 8.2 % | 7.9 % | 6.0 % | 1.6 % | 9.8 % |
ROI | 7.9 % | 8.2 % | 6.3 % | 2.0 % | 8.6 % |
Economic value added (EVA) | 16 051.48 | 11 319.22 | 8 491.90 | 750.08 | 16 277.31 |
Solvency | |||||
Equity ratio | 96.2 % | 97.7 % | 92.6 % | 91.5 % | 73.0 % |
Gearing | 3.8 % | 1.8 % | 7.5 % | 9.0 % | 36.6 % |
Relative net indebtedness % | 53.3 % | 28.2 % | 183.1 % | 2094.3 % | 452.9 % |
Liquidity | |||||
Quick ratio | 8.1 | 16.5 | 4.2 | 2.4 | 1.3 |
Current ratio | 8.1 | 16.5 | 4.2 | 2.4 | 1.3 |
Cash and cash equivalents | 238.32 | 1 271.11 | 13.28 | 380.31 | 515.03 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | 263.7 % | 421.0 % | 561.2 % | 2941.3 % | 150.9 % |
Credit risk | |||||
Credit rating | AAA | AAA | AAA | AA | AAA |
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