ARES Partners A/S — Credit Rating and Financial Key Figures
Credit rating
Company information
About ARES Partners A/S
ARES Partners A/S (CVR number: 36929286) is a company from MORSØ. The company recorded a gross profit of 0 kDKK in 2023. The operating profit was -8.9 kDKK, while net earnings were -31.2 kDKK. The profitability of the company measured by Return on Assets (ROA) was -1.9 %, which can be considered poor and Return on Equity (ROE) was -2 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 98.1 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. ARES Partners A/S's liquidity measured by quick ratio was 42.9 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 | 2 333.33 | ||||
EBIT | -18.44 | -21.10 | -18.60 | -20.69 | -8.89 |
Net earnings | 1 730.68 | 1 719.68 | -96.85 | - 170.11 | -31.17 |
Shareholders equity total | 3 411.93 | 5 131.61 | 2 234.77 | 2 064.66 | 1 033.48 |
Balance sheet total (assets) | 3 986.17 | 5 659.30 | 2 254.77 | 2 084.66 | 1 053.48 |
Net debt | 514.10 | -3 401.25 | -65.03 | -44.16 | - 848.88 |
Profitability | |||||
EBIT-% | |||||
ROA | 60.8 % | -2.1 % | -2.4 % | -8.0 % | -1.9 % |
ROE | 68.0 % | 40.3 % | -2.6 % | -7.9 % | -2.0 % |
ROI | 61.2 % | -2.2 % | -2.5 % | -8.1 % | -1.9 % |
Economic value added (EVA) | -64.22 | -38.09 | 12.01 | -15.45 | -8.43 |
Solvency | |||||
Equity ratio | 85.6 % | 90.7 % | 99.1 % | 99.0 % | 98.1 % |
Gearing | 16.3 % | ||||
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 0.1 | 6.4 | 3.6 | 2.8 | 42.9 |
Current ratio | 0.1 | 6.4 | 3.6 | 2.8 | 42.9 |
Cash and cash equivalents | 43.14 | 3 401.25 | 65.03 | 44.16 | 848.88 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | A | A | A | BBB | A |
Variable visualization
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