ALBALINE A/S — Credit Rating and Financial Key Figures
Credit rating
Company information
About ALBALINE A/S
ALBALINE A/S (CVR number: 20015403) is a company from ROSKILDE. The company recorded a gross profit of 2925.7 kDKK in 2023. The operating profit was -12 kDKK, while net earnings were -12.9 kDKK. The profitability of the company measured by Return on Assets (ROA) was 0 %, which can be considered weak but Return on Equity (ROE) was -0.1 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 70.3 %, 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. ALBALINE A/S's liquidity measured by quick ratio was 1.7 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 financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | |||||
Gross profit | 3 169.52 | 4 304.00 | 3 854.76 | 2 244.82 | 2 925.70 |
EBIT | 59.40 | 1 667.32 | 1 051.20 | - 296.39 | -12.02 |
Net earnings | 91.12 | 1 247.50 | 821.71 | - 249.98 | -12.91 |
Shareholders equity total | 8 125.51 | 9 373.01 | 9 444.72 | 9 194.74 | 9 181.83 |
Balance sheet total (assets) | 12 257.21 | 17 275.02 | 15 282.91 | 14 307.90 | 13 995.89 |
Net debt | -1 769.44 | -3 802.39 | -1 920.03 | -1 856.44 | -1 797.85 |
Profitability | |||||
EBIT-% | |||||
ROA | 0.5 % | 11.3 % | 6.6 % | -2.0 % | 0.0 % |
ROE | 1.1 % | 14.3 % | 8.7 % | -2.7 % | -0.1 % |
ROI | 0.7 % | 18.0 % | 11.1 % | -3.1 % | 0.0 % |
Economic value added (EVA) | - 378.77 | 869.61 | 334.81 | - 715.34 | - 489.20 |
Solvency | |||||
Equity ratio | 66.3 % | 54.3 % | 61.8 % | 64.3 % | 70.3 % |
Gearing | 3.1 % | 1.9 % | 2.0 % | ||
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 1.6 | 1.5 | 1.3 | 1.5 | 1.7 |
Current ratio | 3.0 | 2.3 | 2.6 | 2.8 | 2.9 |
Cash and cash equivalents | 2 020.07 | 3 802.39 | 1 920.03 | 2 030.56 | 1 984.80 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | BBB | BBB | A | BBB | BBB |
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