AARS YACHT ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
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 financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2020 | 2021 | 2022 | 2023 | 2024 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | |||||
Gross profit | 799.41 | 947.59 | 968.27 | 1 266.26 | 464.73 |
EBIT | 177.53 | 187.41 | 209.41 | 485.37 | - 313.15 |
Net earnings | 107.54 | 111.72 | 135.44 | 351.31 | - 349.55 |
Shareholders equity total | 566.87 | 678.59 | 814.03 | 665.33 | - 184.22 |
Balance sheet total (assets) | 1 919.49 | 2 064.54 | 2 073.84 | 1 978.76 | 1 416.13 |
Net debt | - 229.11 | - 459.58 | - 234.30 | - 261.19 | 514.37 |
Profitability | |||||
EBIT-% | |||||
ROA | 9.4 % | 9.4 % | 10.1 % | 24.0 % | -17.5 % |
ROE | 17.5 % | 17.9 % | 18.1 % | 47.5 % | -33.6 % |
ROI | 11.0 % | 11.1 % | 11.7 % | 27.9 % | -20.2 % |
Economic value added (EVA) | 60.28 | 68.58 | 85.01 | 286.77 | - 390.09 |
Solvency | |||||
Equity ratio | 29.5 % | 32.9 % | 39.3 % | 33.6 % | -11.5 % |
Gearing | 185.7 % | 160.9 % | 124.0 % | 149.6 % | -781.5 % |
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 1.2 | 1.3 | 1.3 | 1.2 | 0.8 |
Current ratio | 1.4 | 1.5 | 1.5 | 1.4 | 0.8 |
Cash and cash equivalents | 1 281.86 | 1 551.10 | 1 243.47 | 1 256.76 | 925.34 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | BBB | BBB | BBB | BBB | BBB |
Variable visualization
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