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

About AARS YACHT ApS

AARS YACHT ApS (CVR number: 20767839) is a company from VESTHIMMERLANDS. The company recorded a gross profit of 464.7 kDKK in 2024. The operating profit was -313.2 kDKK, while net earnings were -349.6 kDKK. The profitability of the company measured by Return on Assets (ROA) was -17.5 %, which can be considered poor and Return on Equity (ROE) was -33.6 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at -11.5 %. This indicates that the company's debt surpasses the value of its total assets, posing significant financial risk. AARS YACHT ApS's liquidity measured by quick ratio was 0.8 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 financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2020
2021
2022
2023
2024
Volume
Net sales
Gross profit799.41947.59968.271 266.26464.73
EBIT177.53187.41209.41485.37- 313.15
Net earnings107.54111.72135.44351.31- 349.55
Shareholders equity total566.87678.59814.03665.33- 184.22
Balance sheet total (assets)1 919.492 064.542 073.841 978.761 416.13
Net debt- 229.11- 459.58- 234.30- 261.19514.37
Profitability
EBIT-%
ROA9.4 %9.4 %10.1 %24.0 %-17.5 %
ROE17.5 %17.9 %18.1 %47.5 %-33.6 %
ROI11.0 %11.1 %11.7 %27.9 %-20.2 %
Economic value added (EVA)60.2868.5885.01286.77- 390.09
Solvency
Equity ratio29.5 %32.9 %39.3 %33.6 %-11.5 %
Gearing185.7 %160.9 %124.0 %149.6 %-781.5 %
Relative net indebtedness %
Liquidity
Quick ratio1.21.31.31.20.8
Current ratio1.41.51.51.40.8
Cash and cash equivalents1 281.861 551.101 243.471 256.76925.34
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBBBBBBBB

Variable visualization

ROA:-17.5%
Rating: 3/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:-11.5%
Rating: 0/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

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