Årre Smede- & Maskinforretning ApS — Credit Rating and Financial Key Figures

CVR number: 10036712
Skolegade 7, 6818 Årre
tel: 21200500

Credit rating

Company information

Official name
Årre Smede- & Maskinforretning ApS
Personnel
10 persons
Established
2000
Company form
Private limited company
Industry

About Årre Smede- & Maskinforretning ApS

Årre Smede- & Maskinforretning ApS (CVR number: 10036712) is a company from VARDE. The company recorded a gross profit of 2852 kDKK in 2024. The operating profit was 381.8 kDKK, while net earnings were 133.5 kDKK. The profitability of the company measured by Return on Assets (ROA) was 6.1 %, which can be considered decent but Return on Equity (ROE) was 9.3 %, which can be considered good. The equity ratio, a key indicator for solidity, stood at 23.8 %, a level that can be considered to be low. This means a higher proportion of debt in its capital structure, indicating a greater reliance on borrowed funds. Årre Smede- & Maskinforretning ApS's liquidity measured by quick ratio was 0.2 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 sales
Gross profit1 261.652 654.792 685.542 640.782 852.01
EBIT345.43343.18279.92310.80381.76
Net earnings173.51168.8892.83122.46133.49
Shareholders equity total984.601 153.481 246.321 368.781 502.26
Balance sheet total (assets)5 892.865 634.376 592.526 612.216 308.23
Net debt3 090.782 264.643 982.193 799.053 492.87
Profitability
EBIT-%
ROA6.9 %6.4 %4.8 %5.9 %6.1 %
ROE19.3 %15.8 %7.7 %9.4 %9.3 %
ROI9.1 %9.7 %6.7 %7.5 %7.7 %
Economic value added (EVA)34.4352.1533.56-32.6522.19
Solvency
Equity ratio16.7 %20.5 %18.9 %20.7 %23.8 %
Gearing313.9 %196.5 %319.6 %277.6 %232.8 %
Relative net indebtedness %
Liquidity
Quick ratio0.20.10.20.30.2
Current ratio0.70.71.11.11.1
Cash and cash equivalents0.271.930.561.273.73
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBBBBBBBB

Variable visualization

ROA:6.11%
Rating: 46/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:23.8%
Rating: 22/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer

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