AARHUS VAND A/S — Credit Rating and Financial Key Figures
Credit rating
Company information
About AARHUS VAND A/S
AARHUS VAND A/S (CVR number: 32562361K) is a company from AARHUS. The company reported a net sales of 732.5 mDKK in 2024, demonstrating a growth of 11.3 % compared to the previous year. The operating profit percentage was at 14.8 % (EBIT: 108.8 mDKK), while net earnings were 57.2 mDKK. The profitability of the company measured by Return on Assets (ROA) was 1.1 %, 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 89.1 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. AARHUS VAND 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 (mDKK)
EBIT (mDKK)
Profitability
Solidity
Key figures (mDKK)
See financials2020 | 2021 | 2022 | 2023 | 2024 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | 650.33 | 667.18 | 668.03 | 658.32 | 732.51 |
Gross profit | 650.33 | 474.48 | 457.64 | 444.66 | 513.00 |
EBIT | 88.93 | 113.75 | 75.44 | 41.94 | 108.75 |
Net earnings | 62.29 | 71.49 | 58.88 | 31.17 | 57.21 |
Shareholders equity total | 9 688.11 | 9 759.60 | 9 818.48 | 9 849.65 | 9 906.86 |
Balance sheet total (assets) | 11 034.07 | 10 949.03 | 10 934.81 | 11 043.36 | 11 122.58 |
Net debt | 342.42 | 343.18 | 443.87 | 371.24 | |
Profitability | |||||
EBIT-% | 13.7 % | 17.0 % | 11.3 % | 6.4 % | 14.8 % |
ROA | 0.8 % | 1.1 % | 0.8 % | 0.5 % | 1.1 % |
ROE | 0.6 % | 0.7 % | 0.6 % | 0.3 % | 0.6 % |
ROI | 0.8 % | 1.2 % | 0.8 % | 0.5 % | 1.1 % |
Economic value added (EVA) | - 418.52 | - 425.75 | - 473.66 | - 498.34 | - 476.87 |
Solvency | |||||
Equity ratio | 87.8 % | 89.2 % | 89.8 % | 89.2 % | 89.1 % |
Gearing | 3.6 % | 3.5 % | 4.6 % | 4.3 % | |
Relative net indebtedness % | 128.7 % | 102.0 % | 106.2 % | 116.6 % | 95.7 % |
Liquidity | |||||
Quick ratio | 2.9 | 2.1 | 1.3 | 1.5 | 1.4 |
Current ratio | 2.9 | 2.1 | 1.3 | 1.5 | 1.4 |
Cash and cash equivalents | 6.51 | 4.56 | 12.51 | 58.22 | |
Capital use efficiency | |||||
Trade debtors turnover (days) | 19.8 | 23.1 | 9.1 | 9.4 | |
Net working capital % | 87.0 % | 50.1 % | 18.7 % | 24.9 % | 16.7 % |
Credit risk | |||||
Credit rating | AAA | AAA | AAA | AAA | AAA |
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