Aros Green and Outdoor ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About Aros Green and Outdoor ApS
Aros Green and Outdoor ApS (CVR number: 38621254) is a company from AARHUS. The company reported a net sales of 0.8 mDKK in 2023, demonstrating a growth of 187.5 % compared to the previous year. The operating profit percentage was at 46.8 % (EBIT: 0.4 mDKK), while net earnings were 290.3 kDKK. The profitability of the company measured by Return on Assets (ROA) was 37.7 %, which can be considered excellent and Return on Equity (ROE) was 131.8 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 21.5 %, a level that can be considered to be low. This means a higher proportion of debt in its capital structure, indicating a greater reliance on borrowed funds. Aros Green and Outdoor ApS's liquidity measured by quick ratio was 0.6 which is at a low level. Thus, the company may face difficulties in addressing its short-term obligations with its available liquid assets.
Financial information
See financialsNet sales (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials| 2019 | 2020 | 2021 | 2022 | 2023 | |
|---|---|---|---|---|---|
| Volume | |||||
| Net sales | 3.60 | 153.96 | 193.14 | 275.69 | 792.52 | 
| Gross profit | 3.60 | 53.60 | 74.88 | 83.40 | 467.29 | 
| EBIT | 3.60 | 0.28 | 38.28 | 18.40 | 371.22 | 
| Net earnings | 2.81 | 0.22 | 29.85 | 13.42 | 290.30 | 
| Shareholders equity total | 31.68 | 31.90 | 61.75 | 75.17 | 365.47 | 
| Balance sheet total (assets) | 31.68 | 133.40 | 93.81 | 275.52 | 1 696.94 | 
| Net debt | -26.52 | -55.24 | -50.50 | - 176.25 | -72.66 | 
| Profitability | |||||
| EBIT-% | 100.0 % | 0.2 % | 19.8 % | 6.7 % | 46.8 % | 
| ROA | 10.4 % | 0.3 % | 33.7 % | 10.0 % | 37.7 % | 
| ROE | 9.3 % | 0.7 % | 63.7 % | 19.6 % | 131.8 % | 
| ROI | 11.8 % | 0.9 % | 81.2 % | 26.5 % | 154.2 % | 
| Economic value added (EVA) | 3.74 | 0.02 | 31.03 | 13.01 | 295.12 | 
| Solvency | |||||
| Equity ratio | 100.0 % | 23.9 % | 65.8 % | 27.3 % | 21.5 % | 
| Gearing | |||||
| Relative net indebtedness % | -737.0 % | 30.0 % | -9.9 % | 8.2 % | 153.8 % | 
| Liquidity | |||||
| Quick ratio | 0.9 | 2.5 | 1.0 | 0.6 | |
| Current ratio | 0.9 | 2.5 | 1.0 | 1.2 | |
| Cash and cash equivalents | 26.52 | 55.24 | 50.50 | 176.25 | 72.66 | 
| Capital use efficiency | |||||
| Trade debtors turnover (days) | 84.4 | 50.4 | 18.4 | 296.8 | |
| Net working capital % | 737.0 % | -4.2 % | 23.7 % | -1.2 % | 36.5 % | 
| Credit risk | |||||
| Credit rating | B | BB | BB | BB | BB | 
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