Aalborg Fyrværkerifabrik A/S — Credit Rating and Financial Key Figures

CVR number: 25061500
Stensgårdvej 1, 5500 Middelfart
info@afac.dk

Credit rating

Company information

Official name
Aalborg Fyrværkerifabrik A/S
Established
1999
Company form
Limited company
Industry

About Aalborg Fyrværkerifabrik A/S

Aalborg Fyrværkerifabrik A/S (CVR number: 25061500) is a company from MIDDELFART. The company recorded a gross profit of 2310 kDKK in 2024. The operating profit was 1650 kDKK, while net earnings were 404 kDKK. The profitability of the company measured by Return on Assets (ROA) was 3.4 %, which can be considered weak and Return on Equity (ROE) was 1.5 %, which can be considered weak. The equity ratio, a key indicator for solidity, stood at 0.9 %, a level that can be considered to be very low. This means the company is highly leveraged, with most assets financed through debt. This high level of financial risk could pose challenges in periods of financial distress or rising interest rates. Aalborg Fyrværkerifabrik A/S'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 profit1 864.57-1 043.152 635.003 249.002 310.00
EBIT1 203.58-1 710.211 976.002 590.001 650.00
Net earnings688.17-2 945.501 181.00790.00404.00
Shareholders equity total14.43-2 931.07-1 750.00- 960.00444.00
Balance sheet total (assets)47 890.8154 683.3267 670.0053 117.0048 320.00
Net debt34 430.8446 111.6855 390.0042 102.0032 784.00
Profitability
EBIT-%
ROA2.5 %-3.2 %3.2 %4.3 %3.4 %
ROE2.3 %-10.8 %1.9 %1.3 %1.5 %
ROI3.3 %-3.8 %3.7 %4.9 %4.0 %
Economic value added (EVA)-1 288.77-3 076.13- 327.54- 401.53- 691.65
Solvency
Equity ratio0.0 %-5.1 %-2.5 %-1.8 %0.9 %
Gearing256762.8 %-1616.5 %-3239.7 %-4589.9 %7621.8 %
Relative net indebtedness %
Liquidity
Quick ratio0.80.70.60.70.8
Current ratio0.91.01.01.01.1
Cash and cash equivalents2 607.191 269.691 305.001 961.001 057.00
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBBBBBBB

Variable visualization

ROA:3.35%
Rating: 37/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:0.92%
Rating: 2/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Board member
Chairman of the board

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