ab Aluminium A/S — Credit Rating and Financial Key Figures
Credit rating
Company information
About ab Aluminium A/S
ab Aluminium A/S (CVR number: 56337415) is a company from THISTED. The company recorded a gross profit of 24.2 mDKK in 2024. The operating profit was 335 kDKK, while net earnings were -298.4 kDKK. The profitability of the company measured by Return on Assets (ROA) was 1.4 %, which can be considered weak but Return on Equity (ROE) was -4.1 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 27.5 %, 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. ab Aluminium A/S's liquidity measured by quick ratio was 0.6 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 financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2020 | 2021 | 2022 | 2023 | 2024 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | |||||
Gross profit | 6 584.36 | 7 482.84 | 26 288.50 | 25 930.04 | 24 222.38 |
EBIT | - 181.97 | 888.93 | 495.08 | 84.41 | 335.02 |
Net earnings | - 428.51 | 384.52 | 24.56 | - 381.95 | - 298.36 |
Shareholders equity total | 6 674.35 | 7 058.87 | 7 083.43 | 6 701.48 | 7 903.11 |
Balance sheet total (assets) | 24 599.51 | 31 380.04 | 27 849.54 | 26 721.03 | 28 789.16 |
Net debt | 8 449.17 | 10 110.49 | 10 750.19 | 11 211.57 | 12 093.68 |
Profitability | |||||
EBIT-% | |||||
ROA | -0.7 % | 3.2 % | 1.8 % | 0.4 % | 1.4 % |
ROE | -6.2 % | 5.6 % | 0.3 % | -5.5 % | -4.1 % |
ROI | -1.0 % | 4.3 % | 2.5 % | 0.5 % | 1.8 % |
Economic value added (EVA) | - 492.99 | 402.47 | 19.41 | - 288.84 | -60.19 |
Solvency | |||||
Equity ratio | 27.1 % | 22.5 % | 25.4 % | 25.1 % | 27.5 % |
Gearing | 126.7 % | 143.4 % | 151.9 % | 167.5 % | 153.0 % |
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 0.3 | 0.4 | 0.4 | 0.4 | 0.6 |
Current ratio | 1.0 | 1.0 | 1.1 | 1.0 | 1.2 |
Cash and cash equivalents | 8.51 | 13.63 | 12.27 | 14.27 | 0.75 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | BBB | BBB | BBB | A | A |
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