AAGE BANGS FOND — Credit Rating and Financial Key Figures

CVR number: 17176811
Energiporten 2, 2450 København SV
administration@flethoj.dk
tel: 28184800

Credit rating

Company information

Official name
AAGE BANGS FOND
Personnel
5 persons
Established
1999
Industry
  • Expand more icon88Social work activities without accommodation

About AAGE BANGS FOND

AAGE BANGS FOND (CVR number: 17176811) is a company from KØBENHAVN. The company reported a net sales of 8.2 mDKK in 2023, demonstrating a growth of 89.4 % compared to the previous year. The operating profit percentage was at 448.5 % (EBIT: 36.7 mDKK), while net earnings were 35.2 mDKK. The profitability of the company measured by Return on Assets (ROA) was 17.2 %, which can be considered excellent and Return on Equity (ROE) was 24.2 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 54.8 %, 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. AAGE BANGS FOND's liquidity measured by quick ratio was 7.2 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 financials

Net sales (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2019
2020
2021
2022
2023
Volume
Net sales5 098.17445.242 134.694 323.928 189.05
Gross profit2 231.88-2 030.54-2 002.54- 758.655 118.02
EBIT- 459.582 888.42-6 686.84-4 478.9036 725.98
Net earnings- 710.6422 981.91-1 222.35-2 592.2335 218.58
Shareholders equity total117 947.64138 147.50133 997.04128 397.48162 708.85
Balance sheet total (assets)191 316.93247 768.64255 312.76258 377.35300 419.12
Net debt-14 228.55-10 906.3430 923.9938 003.6528 051.80
Profitability
EBIT-%-9.0 %648.7 %-313.2 %-103.6 %448.5 %
ROA5.8 %13.4 %-0.5 %-0.9 %17.2 %
ROE-0.6 %17.9 %-0.9 %-2.0 %24.2 %
ROI6.0 %14.0 %-0.5 %-0.9 %17.7 %
Economic value added (EVA)-4 322.53-2 659.62-10 869.18-10 854.1721 435.87
Solvency
Equity ratio62.5 %56.3 %53.1 %50.3 %54.8 %
Gearing32.6 %47.5 %60.2 %69.6 %53.7 %
Relative net indebtedness %-147.3 %-209.3 %1815.9 %1088.5 %452.8 %
Liquidity
Quick ratio9.08.34.82.37.2
Current ratio6.46.63.92.15.2
Cash and cash equivalents52 683.0276 545.3949 750.9451 300.5359 270.29
Capital use efficiency
Trade debtors turnover (days)
Net working capital %-14.8 %-362.5 %-190.7 %-370.1 %-18.6 %
Credit risk
Credit ratingAAAAAAAA

Variable visualization

ROA:17.2%
Rating: 69/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:54.8%
Rating: 43/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Companies in the same industry

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