Arborethusene A/S — Credit Rating and Financial Key Figures
Credit rating
Company information
About Arborethusene A/S
Arborethusene A/S (CVR number: 38619330) is a company from HØRSHOLM. The company reported a net sales of 1.1 mDKK in 2023, demonstrating a decline of -10.6 % compared to the previous year. The operating profit percentage was at 17.7 % (EBIT: 0.2 mDKK), while net earnings were 155 kDKK. The profitability of the company measured by Return on Assets (ROA) was 0.8 %, which can be considered weak and Return on Equity (ROE) was 0.6 %, which can be considered weak. 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. Arborethusene A/S's liquidity measured by quick ratio was 6 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 financialsNet sales (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | 1 045.40 | 1 068.05 | 1 161.69 | 1 276.83 | 1 141.70 |
Gross profit | 527.64 | 554.38 | 585.64 | 593.08 | 548.82 |
EBIT | 232.11 | 235.68 | 261.39 | 249.70 | 202.56 |
Net earnings | 179.16 | 181.66 | 198.18 | 185.11 | 154.99 |
Shareholders equity total | 25 000.50 | 25 182.16 | 25 380.34 | 25 565.45 | 25 720.44 |
Balance sheet total (assets) | 25 136.45 | 25 416.99 | 25 622.27 | 25 891.65 | 26 210.50 |
Net debt | - 701.17 | -1 209.09 | - 703.33 | - 764.21 | -1 324.41 |
Profitability | |||||
EBIT-% | 22.2 % | 22.1 % | 22.5 % | 19.6 % | 17.7 % |
ROA | 0.9 % | 0.9 % | 1.0 % | 1.0 % | 0.8 % |
ROE | 0.7 % | 0.7 % | 0.8 % | 0.7 % | 0.6 % |
ROI | 0.9 % | 0.9 % | 1.0 % | 1.0 % | 0.8 % |
Economic value added (EVA) | -1 066.23 | -1 037.19 | -1 000.75 | -1 045.25 | -1 083.52 |
Solvency | |||||
Equity ratio | 99.5 % | 99.1 % | 99.1 % | 98.7 % | 98.1 % |
Gearing | 0.4 % | 0.7 % | |||
Relative net indebtedness % | -54.5 % | -94.8 % | -41.5 % | -41.7 % | -88.2 % |
Liquidity | |||||
Quick ratio | 5.5 | 6.3 | 7.8 | 6.9 | 6.0 |
Current ratio | 5.5 | 6.3 | 7.8 | 6.9 | 6.0 |
Cash and cash equivalents | 701.17 | 1 209.09 | 703.33 | 858.66 | 1 496.62 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | 56.9 % | 97.5 % | 130.3 % | 151.1 % | 212.8 % |
Credit risk | |||||
Credit rating | A | A | AA | AA | A |
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