AE Partner A/S — Credit Rating and Financial Key Figures
Credit rating
Company information
About AE Partner A/S
AE Partner A/S (CVR number: 40081992K) is a company from SKANDERBORG. The company reported a net sales of 557.9 mDKK in 2023, demonstrating a growth of 2.6 % compared to the previous year. The operating profit percentage was at 7.4 % (EBIT: 41.1 mDKK), while net earnings were 26.2 mDKK. The profitability of the company measured by Return on Assets (ROA) was 12.5 %, which can be considered good but Return on Equity (ROE) was 24.5 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 36.5 %, a level that can be considered to be low. This means a higher proportion of debt in its capital structure, indicating a greater reliance on borrowed funds. AE Partner 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 (mDKK)
EBIT (mDKK)
Profitability
Solidity
Key figures (mDKK)
See financials2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | 333.98 | 357.06 | 415.04 | 543.97 | 557.88 |
Gross profit | 79.04 | 82.85 | 105.80 | 123.05 | 149.07 |
EBIT | 12.80 | 19.35 | 32.09 | 25.79 | 41.14 |
Net earnings | 4.99 | 14.01 | 23.69 | 17.53 | 26.19 |
Shareholders equity total | 43.15 | 55.49 | 78.66 | 95.24 | 118.18 |
Balance sheet total (assets) | 146.56 | 146.07 | 224.45 | 329.18 | 330.78 |
Net debt | 46.00 | 21.90 | 58.50 | 133.59 | 113.49 |
Profitability | |||||
EBIT-% | 3.8 % | 5.4 % | 7.7 % | 4.7 % | 7.4 % |
ROA | 8.5 % | 13.2 % | 17.4 % | 9.3 % | 12.5 % |
ROE | 11.7 % | 28.4 % | 35.3 % | 20.2 % | 24.5 % |
ROI | 11.7 % | 18.7 % | 24.8 % | 12.8 % | 15.9 % |
Economic value added (EVA) | 7.56 | 13.70 | 23.09 | 16.32 | 27.81 |
Solvency | |||||
Equity ratio | 29.4 % | 38.2 % | 35.2 % | 29.2 % | 36.5 % |
Gearing | 128.7 % | 70.7 % | 79.9 % | 142.7 % | 109.4 % |
Relative net indebtedness % | 26.5 % | 18.2 % | 30.9 % | 39.6 % | 31.4 % |
Liquidity | |||||
Quick ratio | 0.9 | 1.1 | 0.7 | 0.5 | 0.7 |
Current ratio | 1.4 | 1.7 | 1.6 | 1.4 | 1.7 |
Cash and cash equivalents | 9.53 | 17.34 | 4.33 | 2.28 | 15.85 |
Capital use efficiency | |||||
Trade debtors turnover (days) | 68.7 | 57.7 | 62.2 | 65.3 | 68.0 |
Net working capital % | 11.1 % | 14.7 % | 18.8 % | 17.2 % | 21.7 % |
Credit risk | |||||
Credit rating | A | AA | AA | AA | AAA |
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