Aarhus Idrætsfond — Credit Rating and Financial Key Figures
Credit rating
Company information
About Aarhus Idrætsfond
Aarhus Idrætsfond (CVR number: 36692111) is a company from AARHUS. The company recorded a gross profit of -93.1 kDKK in 2023. The operating profit was -93.1 kDKK, while net earnings were -98.5 kDKK. The profitability of the company measured by Return on Assets (ROA) was -6.2 %, which can be considered poor and Return on Equity (ROE) was -8.1 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 79.8 %, 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. Aarhus Idrætsfond's liquidity measured by quick ratio was 26.1 which is at a very high level. Thus, the company demonstrates exceptional financial stability, possessing a significant surplus of liquid assets over its short-term liabilities.
Financial information
See financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | |||||
Gross profit | -70.98 | -27.75 | -47.56 | -38.75 | -93.05 |
EBIT | -70.98 | -27.75 | -47.56 | -38.75 | -93.05 |
Net earnings | 423.24 | 205.91 | 576.47 | -52.78 | -98.52 |
Shareholders equity total | 1 030.02 | 959.47 | 1 315.72 | 1 262.94 | 1 164.43 |
Balance sheet total (assets) | 1 903.85 | 1 297.79 | 1 667.13 | 1 558.27 | 1 459.76 |
Net debt | - 355.93 | - 549.33 | -1 449.43 | -1 340.57 | -1 242.06 |
Profitability | |||||
EBIT-% | |||||
ROA | 18.9 % | 12.4 % | 44.4 % | -2.4 % | -6.2 % |
ROE | 36.3 % | 20.7 % | 50.7 % | -4.1 % | -8.1 % |
ROI | 27.7 % | 17.0 % | 49.1 % | -2.5 % | -6.4 % |
Economic value added (EVA) | 30.01 | 25.98 | -2.02 | 8.96 | -89.15 |
Solvency | |||||
Equity ratio | 54.1 % | 73.9 % | 78.9 % | 81.0 % | 79.8 % |
Gearing | |||||
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 1.3 | 3.2 | 14.9 | 27.8 | 26.1 |
Current ratio | 1.3 | 3.2 | 14.9 | 27.8 | 26.1 |
Cash and cash equivalents | 355.93 | 549.33 | 1 449.43 | 1 340.57 | 1 242.06 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | BBB | BBB | B | B | B |
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