FORÅRSVEJ 94, AALBORG ApS — Credit Rating and Financial Key Figures

CVR number: 31188229
Forårsvej 94, 9220 Aalborg Øst

Credit rating

Company information

Official name
FORÅRSVEJ 94, AALBORG ApS
Established
2008
Company form
Private limited company
Industry

About FORÅRSVEJ 94, AALBORG ApS

FORÅRSVEJ 94, AALBORG ApS (CVR number: 31188229) is a company from AALBORG. The company recorded a gross profit of 382.7 kDKK in 2024. The operating profit was 234.7 kDKK, while net earnings were -112.6 kDKK. The profitability of the company measured by Return on Assets (ROA) was 3.5 %, which can be considered weak but Return on Equity (ROE) was -4.4 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 56.4 %, a level that can be considered to be modest. This means a balanced mix of debt and equity financing its assets—a typical operational level for many companies. FORÅRSVEJ 94, AALBORG ApS's liquidity measured by quick ratio was 0 which is at a very low level. Thus, the company is in an unstable financial position, with its liquid assets significantly undermatching its current liabilities. This severe liquidity deficiency may lead to financial distress and threaten the company's operational continuity.

Financial information

See financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2020
2021
2022
2023
2024
Volume
Net sales513.36511.78
Gross profit368.51378.79334.21374.73382.70
EBIT350.51368.79265.21333.73234.70
Net earnings90.31120.7126.3984.37- 112.59
Shareholders equity total1 156.981 277.691 304.081 388.453 758.74
Balance sheet total (assets)6 959.296 896.196 833.186 884.496 658.78
Net debt5 616.855 462.595 342.395 230.092 783.57
Profitability
EBIT-%68.3 %72.1 %
ROA5.0 %5.3 %3.9 %7.0 %3.5 %
ROE8.1 %9.9 %2.0 %6.3 %-4.4 %
ROI5.1 %5.4 %3.9 %7.1 %3.5 %
Economic value added (EVA)-78.61-57.31- 154.93-74.05- 153.44
Solvency
Equity ratio16.6 %18.5 %19.1 %20.2 %56.4 %
Gearing486.8 %428.1 %411.0 %380.6 %74.4 %
Relative net indebtedness %1114.5 %1083.7 %
Liquidity
Quick ratio0.00.00.00.00.0
Current ratio0.00.00.00.00.0
Cash and cash equivalents15.417.5317.8554.9912.12
Capital use efficiency
Trade debtors turnover (days)13.3
Net working capital %-544.5 %-565.8 %
Credit risk
Credit ratingAABBBABBB

Variable visualization

ROA:3.47%
Rating: 37/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:56.4%
Rating: 44/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer

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