Aalborg Portland Holding A/S — Credit Rating and Financial Key Figures

CVR number: 14244441
Rørdalsvej 44, 9220 Aalborg Øst
cement@aalborgportland.com
tel: 98167777

Credit rating

Company information

Official name
Aalborg Portland Holding A/S
Personnel
26 persons
Established
1990
Company form
Limited company
Industry

About Aalborg Portland Holding A/S

Aalborg Portland Holding A/S (CVR number: 14244441K) is a company from AALBORG. The company reported a net sales of 1687.2 mEUR in 2024, demonstrating a decline of -0.5 % compared to the previous year. The operating profit percentage was at 17 % (EBIT: 287.2 mEUR), while net earnings were 238 mEUR. The profitability of the company measured by Return on Assets (ROA) was 15.3 %, which can be considered excellent and Return on Equity (ROE) was 16.9 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 63.8 %, 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. Aalborg Portland Holding 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 financials

Net sales (mEUR)

EBIT (mEUR)

Profitability

Solidity

Key figures (mEUR)

See financials
2020
2021
2022
2023
2024
Volume
Net sales1 225.231 360.181 723.261 695.041 687.19
Gross profit491.36545.51622.75643.85621.55
EBIT174.48219.22217.75290.51287.16
Net earnings124.90150.93196.29231.12238.04
Shareholders equity total1 040.281 127.911 392.301 480.091 662.14
Balance sheet total (assets)1 841.241 894.972 302.312 357.252 606.11
Net debt79.98-64.56-59.70- 112.40- 112.03
Profitability
EBIT-%14.2 %16.1 %12.6 %17.1 %17.0 %
ROA10.0 %12.8 %14.4 %15.5 %15.3 %
ROE14.4 %16.2 %18.0 %18.4 %16.9 %
ROI13.2 %17.6 %20.1 %21.3 %20.7 %
Economic value added (EVA)71.3791.2498.30142.11138.97
Solvency
Equity ratio56.5 %59.5 %60.5 %62.8 %63.8 %
Gearing30.9 %19.0 %17.4 %17.5 %16.0 %
Relative net indebtedness %45.7 %35.9 %35.3 %29.9 %33.6 %
Liquidity
Quick ratio1.31.21.31.51.4
Current ratio1.81.71.81.91.8
Cash and cash equivalents241.57278.55301.83371.02377.47
Capital use efficiency
Trade debtors turnover (days)45.345.441.135.139.0
Net working capital %22.4 %20.6 %23.2 %27.2 %28.6 %
Credit risk
Credit ratingAAAAAAAAAAAAAAA

Variable visualization

ROA:15.3%
Rating: 67/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:63.8%
Rating: 49/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chairman of the board
Chief executive officer

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