Credit rating
Company information
About AIK FONDEN
AIK FONDEN (CVR number: 34899509) is a company from STEVNS. The company reported a net sales of 2.7 mDKK in 2023, demonstrating a decline of -0.3 % compared to the previous year. The operating profit percentage was poor at -0.3 % (EBIT: -0 mDKK), while net earnings were -9.8 kDKK. The profitability of the company measured by Return on Assets (ROA) was -0.4 %, which can be considered poor and Return on Equity (ROE) was -0.7 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 69.8 %, 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. AIK FONDEN's liquidity measured by quick ratio was 2.5 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 | 2 259.51 | 2 318.61 | 2 319.10 | 2 688.00 | 2 680.24 |
Gross profit | 1 518.77 | 1 385.83 | 1 455.70 | 1 367.11 | 1 336.74 |
EBIT | 231.12 | 108.74 | 112.30 | 90.36 | -8.26 |
Net earnings | 179.46 | 80.95 | 83.60 | 66.15 | -9.78 |
Shareholders equity total | 1 233.16 | 1 314.11 | 1 397.71 | 1 463.86 | 1 454.08 |
Balance sheet total (assets) | 2 185.43 | 2 141.30 | 2 148.21 | 2 040.93 | 2 083.50 |
Net debt | - 817.50 | - 690.67 | - 420.60 | - 713.95 | - 905.45 |
Profitability | |||||
EBIT-% | 10.2 % | 4.7 % | 4.8 % | 3.4 % | -0.3 % |
ROA | 11.3 % | 5.0 % | 5.2 % | 4.3 % | -0.4 % |
ROE | 15.7 % | 6.4 % | 6.2 % | 4.6 % | -0.7 % |
ROI | 19.2 % | 7.9 % | 7.6 % | 5.7 % | -0.5 % |
Economic value added (EVA) | 132.95 | 63.43 | 55.68 | 21.38 | -44.79 |
Solvency | |||||
Equity ratio | 56.4 % | 61.4 % | 65.1 % | 71.7 % | 69.8 % |
Gearing | |||||
Relative net indebtedness % | 2.2 % | 1.2 % | 3.3 % | -10.7 % | -15.9 % |
Liquidity | |||||
Quick ratio | 1.1 | 1.4 | 2.1 | 2.6 | 2.5 |
Current ratio | 1.1 | 1.4 | 2.1 | 2.6 | 2.5 |
Cash and cash equivalents | 817.50 | 690.67 | 420.60 | 713.95 | 905.45 |
Capital use efficiency | |||||
Trade debtors turnover (days) | 15.8 | 47.5 | 0.4 | 10.8 | 2.9 |
Net working capital % | 3.9 % | 13.2 % | 24.3 % | 25.1 % | 26.0 % |
Credit risk | |||||
Credit rating | BBB | BB | BB | BB | BB |
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