AALBORG BUSINESS APARTMENTS ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About AALBORG BUSINESS APARTMENTS ApS
AALBORG BUSINESS APARTMENTS ApS (CVR number: 27274595) is a company from MARIAGERFJORD. The company reported a net sales of 0.1 mDKK in 2023. The operating profit percentage was at 33.1 % (EBIT: 0 mDKK), while net earnings were 6.4 kDKK. The profitability of the company measured by Return on Assets (ROA) was 1.7 %, which can be considered weak and Return on Equity (ROE) was 0.8 %, which can be considered weak. The equity ratio, a key indicator for solidity, stood at 70.1 %, 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. AALBORG BUSINESS APARTMENTS ApS's liquidity measured by quick ratio was 103.3 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 financialsNet sales (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | 60.42 | 60.42 | 60.42 | 60.42 | |
Gross profit | 30.61 | 22.48 | 2.44 | 16.22 | 19.97 |
EBIT | 30.61 | 22.48 | 2.44 | 16.22 | 19.97 |
Net earnings | 20.84 | 12.46 | 0.42 | 11.00 | 6.37 |
Shareholders equity total | 793.17 | 805.63 | 806.04 | 817.13 | 819.22 |
Balance sheet total (assets) | 1 219.72 | 1 215.27 | 1 194.26 | 1 187.28 | 1 169.39 |
Net debt | 31.72 | 18.75 | 22.11 | 8.01 | 2.86 |
Profitability | |||||
EBIT-% | 50.7 % | 37.2 % | 4.0 % | 33.1 % | |
ROA | 2.5 % | 1.8 % | 0.2 % | 1.4 % | 1.7 % |
ROE | 2.7 % | 1.6 % | 0.1 % | 1.4 % | 0.8 % |
ROI | 2.5 % | 1.9 % | 0.2 % | 1.4 % | 1.7 % |
Economic value added (EVA) | -37.09 | -43.59 | -58.46 | -47.19 | -43.89 |
Solvency | |||||
Equity ratio | 65.0 % | 66.3 % | 67.5 % | 68.8 % | 70.1 % |
Gearing | 53.3 % | 50.4 % | 47.7 % | 44.5 % | 42.3 % |
Relative net indebtedness % | 58.1 % | 36.7 % | 42.2 % | 10.4 % | |
Liquidity | |||||
Quick ratio | 118.1 | 116.8 | 110.6 | 108.5 | 103.3 |
Current ratio | 118.1 | 116.8 | 110.6 | 108.5 | 103.3 |
Cash and cash equivalents | 391.43 | 387.50 | 362.71 | 355.63 | 343.92 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | 658.8 % | 651.5 % | 616.7 % | 575.5 % | |
Credit risk | |||||
Credit rating | BBB | BBB | BBB | BBB | BBB |
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