ALMIND VÆRK A/S — Credit Rating and Financial Key Figures

CVR number: 45657310
Silkeborgvej 28, 8800 Viborg
office@almind.dk
tel: 86639500

Company information

Official name
ALMIND VÆRK A/S
Personnel
12 persons
Established
1963
Company form
Limited company
Industry

About ALMIND VÆRK A/S

ALMIND VÆRK A/S (CVR number: 45657310) is a company from VIBORG. The company recorded a gross profit of 9413.8 kDKK in 2023. The operating profit was 3694 kDKK, while net earnings were 2841.6 kDKK. The profitability of the company measured by Return on Assets (ROA) was 53.9 %, which can be considered excellent and Return on Equity (ROE) was 71 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 52.3 %, a level that can be considered to be modest. This means a balanced mix of debt and equity financing its assets—a typical operational level for many companies. ALMIND VÆRK A/S's liquidity measured by quick ratio was 1.1 which is at a modest level. Thus, the company's liquid assets are in relative balance with its short-term liabilities, indicating a moderate liquidity position. While it's likely to meet its current obligations, financial flexibility may be constrained, and unexpected costs could pose challenges.

Financial information

See financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2019
2020
2021
2022
2023
Volume
Net sales
Gross profit9 588.239 698.3110 436.6611 290.759 413.82
EBIT2 609.622 834.793 796.705 578.293 693.97
Net earnings2 006.222 163.882 929.474 351.862 841.58
Shareholders equity total3 583.823 163.883 043.904 755.773 247.35
Balance sheet total (assets)8 047.497 043.626 704.397 493.116 209.27
Net debt-2 583.06- 239.70197.24-1 347.80-1 630.66
Profitability
EBIT-%
ROA31.7 %37.6 %55.2 %78.6 %53.9 %
ROE50.4 %64.1 %94.4 %111.6 %71.0 %
ROI52.0 %64.9 %103.0 %138.4 %90.8 %
Economic value added (EVA)1 962.422 204.282 846.594 208.952 690.04
Solvency
Equity ratio44.5 %44.9 %45.4 %63.5 %52.3 %
Gearing28.7 %30.4 %6.6 %1.3 %1.9 %
Relative net indebtedness %
Liquidity
Quick ratio1.21.11.01.61.1
Current ratio1.71.61.72.62.0
Cash and cash equivalents3 611.041 200.934.521 408.391 691.26
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingAAAAA

Variable visualization

ROA:53.9%
Rating: 97/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:52.3%
Rating: 41/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Board member
Board member
Chairman of the board
Board member

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