Aartech ApS — Credit Rating and Financial Key Figures

CVR number: 38384686
Bleggårdsgangen 3, Aabybro 9000 Aalborg

Company information

Official name
Aartech ApS
Established
2017
Domicile
Aabybro
Company form
Private limited company
Industry

About Aartech ApS

Aartech ApS (CVR number: 38384686) is a company from AALBORG. The company recorded a gross profit of 1849.3 kDKK in 2024. The operating profit was 1850.2 kDKK, while net earnings were 1241.5 kDKK. The profitability of the company measured by Return on Assets (ROA) was 15.1 %, which can be considered excellent but Return on Equity (ROE) was 14.6 %, which can be considered good. The equity ratio, a key indicator for solidity, stood at 71.9 %, 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. Aartech ApS's liquidity measured by quick ratio was 8.3 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
2020
2021
2022
2023
2024
Volume
Net sales
Gross profit817.001 128.001 835.00517.261 849.31
EBIT817.001 128.001 835.00517.261 850.18
Net earnings614.001 174.001 815.0083.051 241.52
Shareholders equity total2 110.006 120.007 935.007 875.929 117.44
Balance sheet total (assets)7 236.0011 521.0012 726.0011 138.1312 683.58
Net debt4 761.004 959.002 787.003 066.313 057.96
Profitability
EBIT-%
ROA12.5 %16.3 %19.5 %3.0 %15.1 %
ROE34.1 %28.5 %25.8 %1.1 %14.6 %
ROI13.1 %16.8 %20.2 %3.1 %15.5 %
Economic value added (EVA)287.13528.71863.72- 208.81893.58
Solvency
Equity ratio29.2 %53.1 %62.4 %70.7 %71.9 %
Gearing226.3 %81.6 %52.5 %39.7 %33.6 %
Relative net indebtedness %
Liquidity
Quick ratio1.31.62.714.48.3
Current ratio1.31.62.714.48.3
Cash and cash equivalents14.0033.001 380.0058.092.75
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingAAABBBA

Variable visualization

ROA:15.1%
Rating: 66/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:71.9%
Rating: 54/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer
Chief executive officer

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