Aros Innovate ApS

CVR number: 37757098
Langs Skoven 74, 8541 Skødstrup
tel: 24297007

Credit rating

Company information

Official name
Aros Innovate ApS
Established
2016
Company form
Private limited company
Industry
  • Expand more icon77Rental and leasing activities

About the company

Aros Innovate ApS (CVR number: 37757098) is a company from AARHUS. The company recorded a gross profit of 271.4 kDKK in 2023. The operating profit was 150.2 kDKK, while net earnings were 1474.5 kDKK. The profitability of the company measured by Return on Assets (ROA) was 22.1 %, which can be considered excellent and Return on Equity (ROE) was 313.2 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 6.1 %, a level that can be considered to be very low. This means the company is highly leveraged, with most assets financed through debt. This high level of financial risk could pose challenges in periods of financial distress or rising interest rates. Aros Innovate ApS's liquidity measured by quick ratio was 0.3 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
20192020202120222023
Volume
Net sales
Gross profit104.6827.90245.33391.83271.43
EBIT104.6826.65156.86274.33150.24
Net earnings81.25408.02423.2066.231 474.55
Shareholders equity total246.09514.12517.32483.55458.10
Balance sheet total (assets)279.685 608.187 479.707 443.787 563.89
Net debt-16.834 958.296 867.086 754.576 733.95
Profitability
EBIT-%
ROA35.3 %14.5 %8.5 %3.8 %22.1 %
ROE39.5 %107.3 %82.1 %13.2 %313.2 %
ROI45.0 %14.7 %8.6 %3.9 %22.6 %
Economic value added (EVA)80.5811.81-47.9840.21- 129.34
Solvency
Equity ratio88.0 %9.2 %6.9 %6.5 %6.1 %
Gearing1.8 %977.5 %1332.4 %1408.9 %1518.4 %
Relative net indebtedness %
Liquidity
Quick ratio5.00.20.20.20.3
Current ratio5.00.20.20.20.3
Cash and cash equivalents21.2166.9625.6458.10221.67
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBBBBBBB

Variable visualization

ROA:22.1%
Rating: 77/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:6.06%
Rating: 6/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Board member
Chairman of the board
Chief executive officer

Companies in the same industry

Build time: 2024-10-04T14:01:12.227Z

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