AARS YACHT ApS — Credit Rating and Financial Key Figures

CVR number: 20767839
Markvænget 34, 9600 Aars
tel: 98625356

Credit rating

Company information

Official name
AARS YACHT ApS
Personnel
2 persons
Established
1998
Company form
Private limited company
Industry
  • Expand more icon33Repair and installation of machinery and equipment

About AARS YACHT ApS

AARS YACHT ApS (CVR number: 20767839) is a company from VESTHIMMERLANDS. The company recorded a gross profit of 1266.3 kDKK in 2023. The operating profit was 485.4 kDKK, while net earnings were 351.3 kDKK. The profitability of the company measured by Return on Assets (ROA) was 24 %, which can be considered excellent and Return on Equity (ROE) was 47.5 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 33.6 %, 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. AARS YACHT ApS's liquidity measured by quick ratio was 1.2 which is at a high level. Thus, the company is in a strong financial position, with liquid assets surpassing current liabilities. It is well-prepared to cover short-term financial obligations.

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 profit1 099.14799.41947.59968.271 266.26
EBIT519.98177.53187.41209.41485.37
Net earnings408.54107.54111.72135.44351.31
Shareholders equity total659.33566.87678.59814.03665.33
Balance sheet total (assets)1 875.801 919.492 064.542 073.841 978.76
Net debt- 273.20- 229.11- 459.58- 234.30- 261.19
Profitability
EBIT-%
ROA32.2 %9.4 %9.4 %10.1 %24.0 %
ROE89.8 %17.5 %17.9 %18.1 %47.5 %
ROI36.8 %11.0 %11.1 %11.7 %27.9 %
Economic value added (EVA)450.64169.90185.89217.80399.97
Solvency
Equity ratio35.1 %29.5 %32.9 %39.3 %33.6 %
Gearing144.7 %185.7 %160.9 %124.0 %149.6 %
Relative net indebtedness %
Liquidity
Quick ratio1.21.21.31.31.2
Current ratio1.51.41.51.51.4
Cash and cash equivalents1 227.401 281.861 551.101 243.471 256.76
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingABBBBBBAA

Variable visualization

ROA:24.0%
Rating: 80/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:33.6%
Rating: 29/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

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