AREA 23 ApS — Credit Rating and Financial Key Figures

CVR number: 34894299
Valmuevej 23, Knejsted 8983 Gjerlev J

Credit rating

Company information

Official name
AREA 23 ApS
Personnel
1 person
Established
2012
Domicile
Knejsted
Company form
Private limited company
Industry

About AREA 23 ApS

AREA 23 ApS (CVR number: 34894299) is a company from RANDERS. The company recorded a gross profit of 956.8 kDKK in 2024. The operating profit was 620.3 kDKK, while net earnings were 472.3 kDKK. The profitability of the company measured by Return on Assets (ROA) was 28 %, which can be considered excellent and Return on Equity (ROE) was 27.7 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 75.6 %, 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. AREA 23 ApS's liquidity measured by quick ratio was 4 which is at a very high level. Thus, the company demonstrates exceptional financial stability, possessing a significant surplus of liquid assets over its short-term liabilities.

Financial information

See financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2020
2021
2022
2023
2024
Volume
Net sales
Gross profit1 162.221 734.301 360.981 917.30956.79
EBIT844.621 435.64939.351 535.13620.34
Net earnings649.611 104.79718.411 192.73472.28
Shareholders equity total1 654.502 159.291 727.692 020.421 392.71
Balance sheet total (assets)2 355.422 755.602 265.552 584.791 841.96
Net debt-1 502.78-1 619.97-1 703.41-1 780.39-1 018.32
Profitability
EBIT-%
ROA41.8 %56.2 %37.4 %63.3 %28.0 %
ROE43.9 %57.9 %37.0 %63.6 %27.7 %
ROI50.4 %67.9 %43.5 %73.1 %32.2 %
Economic value added (EVA)645.071 121.50715.931 206.37482.98
Solvency
Equity ratio70.2 %78.4 %76.3 %78.2 %75.6 %
Gearing11.8 %9.9 %11.9 %12.0 %14.6 %
Relative net indebtedness %
Liquidity
Quick ratio3.14.44.14.54.0
Current ratio3.14.44.14.54.0
Cash and cash equivalents1 697.581 833.061 909.732 023.101 221.12
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBBBBBBBB

Variable visualization

ROA:28.0%
Rating: 82/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:75.6%
Rating: 57/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer

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