Aalborg Portland A/S — Credit Rating and Financial Key Figures
Credit rating
Company information
About Aalborg Portland A/S
Aalborg Portland A/S (CVR number: 36428112K) is a company from AALBORG. The company reported a net sales of 355.7 mEUR in 2024, demonstrating a decline of -3.5 % compared to the previous year. The operating profit percentage was at 29.1 % (EBIT: 103.5 mEUR), while net earnings were 79.5 mEUR. The profitability of the company measured by Return on Assets (ROA) was 19.5 %, which can be considered excellent and Return on Equity (ROE) was 33.3 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 38.6 %, 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. Aalborg Portland A/S's liquidity measured by quick ratio was 1.4 which is at a high level. Thus, the company is in a strong financial position, with liquid assets surpassing current liabilities. It is well-prepared to cover short-term financial obligations.
Financial information
See financialsNet sales (mEUR)
EBIT (mEUR)
Profitability
Solidity
Key figures (mEUR)
See financials2020 | 2021 | 2022 | 2023 | 2024 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | 268.81 | 287.05 | 374.00 | 368.56 | 355.72 |
Gross profit | 138.74 | 128.39 | 157.91 | 174.66 | 165.22 |
EBIT | 80.29 | 65.61 | 85.45 | 107.96 | 103.53 |
Net earnings | 61.61 | 46.40 | 65.74 | 85.08 | 79.52 |
Shareholders equity total | 212.78 | 198.58 | 199.26 | 239.99 | 237.23 |
Balance sheet total (assets) | 495.05 | 467.49 | 538.03 | 571.07 | 614.80 |
Net debt | 134.53 | 143.44 | 168.86 | 178.89 | 222.50 |
Profitability | |||||
EBIT-% | 29.9 % | 22.9 % | 22.8 % | 29.3 % | 29.1 % |
ROA | 18.0 % | 14.2 % | 17.9 % | 21.3 % | 19.5 % |
ROE | 33.9 % | 22.6 % | 33.1 % | 38.7 % | 33.3 % |
ROI | 26.0 % | 19.8 % | 25.2 % | 29.9 % | 26.2 % |
Economic value added (EVA) | 49.23 | 37.85 | 56.79 | 70.49 | 67.45 |
Solvency | |||||
Equity ratio | 43.0 % | 42.5 % | 37.0 % | 42.0 % | 38.6 % |
Gearing | 63.5 % | 73.3 % | 85.7 % | 74.9 % | 95.3 % |
Relative net indebtedness % | 104.8 % | 93.0 % | 90.1 % | 89.6 % | 105.1 % |
Liquidity | |||||
Quick ratio | 2.0 | 1.7 | 1.6 | 1.6 | 1.4 |
Current ratio | 2.3 | 2.0 | 1.9 | 2.0 | 1.7 |
Cash and cash equivalents | 0.60 | 2.08 | 1.87 | 0.83 | 3.69 |
Capital use efficiency | |||||
Trade debtors turnover (days) | 14.7 | 20.4 | 0.0 | 0.6 | 1.9 |
Net working capital % | 65.0 % | 50.7 % | 43.7 % | 50.2 % | 47.8 % |
Credit risk | |||||
Credit rating | AAA | AAA | AA | AA | AA |
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