Aalborg Portland Holding A/S — Credit Rating and Financial Key Figures
Credit rating
Company information
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 financialsNet sales (mEUR)
EBIT (mEUR)
Profitability
Solidity
Key figures (mEUR)
See financials2020 | 2021 | 2022 | 2023 | 2024 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | 1 225.23 | 1 360.18 | 1 723.26 | 1 695.04 | 1 687.19 |
Gross profit | 491.36 | 545.51 | 622.75 | 643.85 | 621.55 |
EBIT | 174.48 | 219.22 | 217.75 | 290.51 | 287.16 |
Net earnings | 124.90 | 150.93 | 196.29 | 231.12 | 238.04 |
Shareholders equity total | 1 040.28 | 1 127.91 | 1 392.30 | 1 480.09 | 1 662.14 |
Balance sheet total (assets) | 1 841.24 | 1 894.97 | 2 302.31 | 2 357.25 | 2 606.11 |
Net debt | 79.98 | -64.56 | -59.70 | - 112.40 | - 112.03 |
Profitability | |||||
EBIT-% | 14.2 % | 16.1 % | 12.6 % | 17.1 % | 17.0 % |
ROA | 10.0 % | 12.8 % | 14.4 % | 15.5 % | 15.3 % |
ROE | 14.4 % | 16.2 % | 18.0 % | 18.4 % | 16.9 % |
ROI | 13.2 % | 17.6 % | 20.1 % | 21.3 % | 20.7 % |
Economic value added (EVA) | 71.37 | 91.24 | 98.30 | 142.11 | 138.97 |
Solvency | |||||
Equity ratio | 56.5 % | 59.5 % | 60.5 % | 62.8 % | 63.8 % |
Gearing | 30.9 % | 19.0 % | 17.4 % | 17.5 % | 16.0 % |
Relative net indebtedness % | 45.7 % | 35.9 % | 35.3 % | 29.9 % | 33.6 % |
Liquidity | |||||
Quick ratio | 1.3 | 1.2 | 1.3 | 1.5 | 1.4 |
Current ratio | 1.8 | 1.7 | 1.8 | 1.9 | 1.8 |
Cash and cash equivalents | 241.57 | 278.55 | 301.83 | 371.02 | 377.47 |
Capital use efficiency | |||||
Trade debtors turnover (days) | 45.3 | 45.4 | 41.1 | 35.1 | 39.0 |
Net working capital % | 22.4 % | 20.6 % | 23.2 % | 27.2 % | 28.6 % |
Credit risk | |||||
Credit rating | AAA | AAA | AAA | AAA | AAA |
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