Aalborg Money Exchange ApS — Credit Rating and Financial Key Figures

CVR number: 38699539
Vesterbro 78 A, 9000 Aalborg

Credit rating

Company information

Official name
Aalborg Money Exchange ApS
Personnel
3 persons
Established
2017
Company form
Private limited company
Industry
  • Expand more icon66Activities auxiliary to financial services and insurance activities

About Aalborg Money Exchange ApS

Aalborg Money Exchange ApS (CVR number: 38699539) is a company from AALBORG. The company recorded a gross profit of 686.2 kDKK in 2023. The operating profit was 234.5 kDKK, while net earnings were 234.5 kDKK. The profitability of the company measured by Return on Assets (ROA) was 22.4 %, which can be considered excellent and Return on Equity (ROE) was 34 %, which can be considered excellent. 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 Money Exchange ApS's liquidity measured by quick ratio was 1.4 which is at a high level. Thus, the company is in a strong financial position, with liquid assets surpassing current liabilities. It is well-prepared to cover short-term financial obligations.

Financial information

See financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
20192020202120222023
Volume
Net sales592.39-74.48
Gross profit446.55- 219.74500.66686.19
EBIT446.55- 219.74- 339.9942.28234.53
Net earnings344.95- 221.94185.3832.69234.53
Shareholders equity total609.81333.87566.78599.47779.33
Balance sheet total (assets)1 007.24575.63963.40980.301 112.34
Net debt330.11310.93- 159.65
Profitability
EBIT-%75.4 %
ROA49.9 %-27.8 %-44.2 %4.4 %22.4 %
ROE74.4 %-47.0 %41.2 %5.6 %34.0 %
ROI96.3 %-46.6 %-53.3 %4.5 %23.3 %
Economic value added (EVA)333.16- 250.38- 356.766.76206.67
Solvency
Equity ratio60.5 %58.0 %58.8 %61.2 %70.1 %
Gearing66.2 %59.4 %35.9 %
Relative net indebtedness %67.1 %-324.6 %
Liquidity
Quick ratio0.20.40.40.61.4
Current ratio2.52.32.42.63.1
Cash and cash equivalents45.0145.01439.04
Capital use efficiency
Trade debtors turnover (days)
Net working capital %99.1 %-425.2 %
Credit risk
Credit ratingBBBBBBBBBBB

Variable visualization

ROA:22.4%
Rating: 78/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:70.1%
Rating: 53/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer
Board member

Companies in the same industry

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