ARLA FONDEN — Credit Rating and Financial Key Figures
Credit rating
Company information
About ARLA FONDEN
ARLA FONDEN (CVR number: 34737215) is a company from AARHUS. The company reported a net sales of 12.5 mDKK in 2023, demonstrating a decline of -5.1 % compared to the previous year. The operating profit percentage was at 37.8 % (EBIT: 4.7 mDKK), while net earnings were 5034 kDKK. The profitability of the company measured by Return on Assets (ROA) was 29.5 %, which can be considered excellent and Return on Equity (ROE) was 38.1 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 74.7 %, 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. ARLA FONDEN's liquidity measured by quick ratio was 8.5 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 financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | 13 188.00 | 12 510.00 | |||
Gross profit | 11 178.00 | 13 375.00 | 12 005.00 | 12 978.00 | 11 135.00 |
EBIT | 6 391.00 | 5 870.00 | 2 003.00 | 6 080.00 | 4 729.00 |
Net earnings | 6 036.00 | 6 279.00 | 6 701.00 | 5 905.00 | 5 034.00 |
Shareholders equity total | 7 201.00 | 10 643.00 | 12 183.00 | 12 994.00 | 13 457.00 |
Balance sheet total (assets) | 16 444.00 | 15 105.00 | 16 142.00 | 16 643.00 | 18 014.00 |
Net debt | -14 612.00 | -13 913.00 | -15 215.00 | -14 922.00 | -16 405.00 |
Profitability | |||||
EBIT-% | 46.1 % | 37.8 % | |||
ROA | 39.6 % | 37.2 % | 12.8 % | 37.1 % | 29.5 % |
ROE | 80.7 % | 70.4 % | 58.7 % | 46.9 % | 38.1 % |
ROI | 66.2 % | 53.4 % | 14.9 % | 40.9 % | 32.7 % |
Economic value added (EVA) | 5 617.01 | 5 901.90 | 1 268.53 | 5 186.29 | 3 882.12 |
Solvency | |||||
Equity ratio | 43.8 % | 70.5 % | 75.5 % | 78.1 % | 74.7 % |
Gearing | |||||
Relative net indebtedness % | -103.4 % | -114.3 % | |||
Liquidity | |||||
Quick ratio | 2.4 | 5.7 | 9.2 | 13.0 | 8.5 |
Current ratio | 2.4 | 5.7 | 9.2 | 13.0 | 8.5 |
Cash and cash equivalents | 14 612.00 | 13 913.00 | 15 215.00 | 14 922.00 | 16 405.00 |
Capital use efficiency | |||||
Trade debtors turnover (days) | 34.2 | 31.2 | |||
Net working capital % | 116.5 % | 127.2 % | |||
Credit risk | |||||
Credit rating | BBB | BB | BB | BB | BB |
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