Aagaard & Aabrandt ApS — Credit Rating and Financial Key Figures

CVR number: 40561773
Kildevej 1, Høje 5771 Stenstrup
da@cte.dk

Company information

Official name
Aagaard & Aabrandt ApS
Established
2019
Domicile
Høje
Company form
Private limited company
Industry

About Aagaard & Aabrandt ApS

Aagaard & Aabrandt ApS (CVR number: 40561773) is a company from SVENDBORG. The company recorded a gross profit of 507.4 kDKK in 2023. The operating profit was 432.7 kDKK, while net earnings were 204 kDKK. The profitability of the company measured by Return on Assets (ROA) was 6.4 %, which can be considered decent but Return on Equity (ROE) was 28 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 12.3 %, 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. Aagaard & Aabrandt ApS's liquidity measured by quick ratio was 0 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
2019
2020
2021
2022
2023
Volume
Net sales
Gross profit203.04221.90384.14532.07507.38
EBIT184.58185.80323.08457.38432.70
Net earnings94.6392.46163.48237.14203.97
Shareholders equity total134.63227.09390.57627.70831.67
Balance sheet total (assets)2 248.034 256.965 545.766 813.096 742.01
Net debt1 991.343 808.104 865.585 796.135 489.77
Profitability
EBIT-%
ROA8.2 %5.7 %6.6 %7.4 %6.4 %
ROE70.3 %51.1 %52.9 %46.6 %28.0 %
ROI8.7 %6.0 %7.0 %7.8 %6.8 %
Economic value added (EVA)140.9149.1271.04130.2468.10
Solvency
Equity ratio6.0 %5.3 %7.0 %9.2 %12.3 %
Gearing1479.1 %1676.9 %1245.8 %923.4 %660.1 %
Relative net indebtedness %
Liquidity
Quick ratio0.00.00.00.00.0
Current ratio0.00.00.00.00.0
Cash and cash equivalents
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBAAA

Variable visualization

ROA:6.38%
Rating: 47/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:12.3%
Rating: 12/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

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