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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: 14244441) is a company from AALBORG. The company reported a net sales of 33.1 mEUR in 2020, demonstrating a decline of -15.3 % compared to the previous year. The operating profit percentage was at 40.4 % (EBIT: 13.4 mEUR), while net earnings were 14.2 mEUR. The profitability of the company measured by Return on Assets (ROA) was 2.3 %, which can be considered weak and Return on Equity (ROE) was 2.5 %, which can be considered weak. The equity ratio, a key indicator for solidity, stood at 62.3 %, 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. Aalborg Portland Holding A/S's liquidity measured by quick ratio was 0.7 which is at a low level. Thus, the company may face difficulties in addressing its short-term obligations with its available liquid assets.
Financial information
See financialsNet sales (mEUR)
EBIT (mEUR)
Profitability
Solidity
Key figures (mEUR)
See financials2016 | 2017 | 2018 | 2019 | 2020 | |
|---|---|---|---|---|---|
| Volume | |||||
| Net sales | 53.25 | 34.87 | 192.04 | 39.09 | 33.12 |
| Gross profit | 53.25 | 34.87 | 192.04 | 39.09 | 33.12 |
| EBIT | 34.66 | 9.36 | 164.34 | 10.60 | 13.39 |
| Net earnings | 32.08 | 5.50 | 127.15 | -56.22 | 14.24 |
| Shareholders equity total | 482.35 | 486.89 | 608.29 | 554.04 | 571.67 |
| Balance sheet total (assets) | 962.87 | 831.44 | 903.50 | 902.11 | 917.82 |
| Net debt | 300.03 | 139.63 | 152.42 | 66.88 | 11.80 |
| Profitability | |||||
| EBIT-% | 65.1 % | 26.8 % | 85.6 % | 27.1 % | 40.4 % |
| ROA | 4.6 % | 1.2 % | 20.0 % | 2.2 % | 2.3 % |
| ROE | 6.9 % | 1.1 % | 23.2 % | -9.7 % | 2.5 % |
| ROI | 5.5 % | 1.5 % | 24.2 % | 2.7 % | 3.3 % |
| Economic value added (EVA) | 9.19 | -28.55 | 129.94 | -27.56 | -20.68 |
| Solvency | |||||
| Equity ratio | 50.1 % | 58.6 % | 67.3 % | 61.4 % | 62.3 % |
| Gearing | 67.8 % | 36.5 % | 25.1 % | 20.8 % | 10.7 % |
| Relative net indebtedness % | 851.7 % | 878.6 % | 153.7 % | 766.9 % | 896.0 % |
| Liquidity | |||||
| Quick ratio | 1.3 | 0.4 | 1.3 | 1.0 | 0.7 |
| Current ratio | 1.3 | 0.4 | 1.3 | 1.0 | 0.7 |
| Cash and cash equivalents | 26.97 | 38.18 | 48.27 | 49.43 | |
| Capital use efficiency | |||||
| Trade debtors turnover (days) | 1 194.7 | 241.4 | 316.5 | 1 713.5 | 0.0 |
| Net working capital % | 90.9 % | -302.6 % | 17.6 % | 1.9 % | -219.3 % |
| Credit risk | |||||
| Credit rating | A | A | A | A | A |
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