Aarhus Idrætsfond — Credit Rating and Financial Key Figures

CVR number: 36692111
Stadion Allé 70, 8000 Aarhus C

Company information

Official name
Aarhus Idrætsfond
Established
2014
Industry

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 financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2019
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 earnings423.24205.91576.47-52.78-98.52
Shareholders equity total1 030.02959.471 315.721 262.941 164.43
Balance sheet total (assets)1 903.851 297.791 667.131 558.271 459.76
Net debt- 355.93- 549.33-1 449.43-1 340.57-1 242.06
Profitability
EBIT-%
ROA18.9 %12.4 %44.4 %-2.4 %-6.2 %
ROE36.3 %20.7 %50.7 %-4.1 %-8.1 %
ROI27.7 %17.0 %49.1 %-2.5 %-6.4 %
Economic value added (EVA)30.0125.98-2.028.96-89.15
Solvency
Equity ratio54.1 %73.9 %78.9 %81.0 %79.8 %
Gearing
Relative net indebtedness %
Liquidity
Quick ratio1.33.214.927.826.1
Current ratio1.33.214.927.826.1
Cash and cash equivalents355.93549.331 449.431 340.571 242.06
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBB

Variable visualization

ROA:-6.17%
Rating: 14/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:79.8%
Rating: 59/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Board member
Board member
Board member
Chairman of the board

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