ÆRØ VAND A/S

CVR number: 32095186
Industrivej 6, 5960 Marstal
info@aeroevand.dk
tel: 63526363

Credit rating

Company information

Official name
ÆRØ VAND A/S
Personnel
15 persons
Established
2009
Company form
Limited company
Industry
  • Expand more icon37Sewerage

About ÆRØ VAND A/S

ÆRØ VAND A/S (CVR number: 32095186) is a company from ÆRØ. The company reported a net sales of 21.5 mDKK in 2023, demonstrating a growth of 1.5 % compared to the previous year. The operating profit percentage was at 19.1 % (EBIT: 4.1 mDKK), while net earnings were 2886 kDKK. The profitability of the company measured by Return on Assets (ROA) was 1.4 %, which can be considered weak and Return on Equity (ROE) was 1.1 %, which can be considered weak. The equity ratio, a key indicator for solidity, stood at 88.3 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. ÆRØ VAND A/S's liquidity measured by quick ratio was 0.9 which is at a modest level. Thus, the company's liquid assets are in relative balance with its short-term liabilities, indicating a moderate liquidity position. While it's likely to meet its current obligations, financial flexibility may be constrained, and unexpected costs could pose challenges.

Financial information

See financials

Net sales (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
20192020202120222023
Volume
Net sales21 528.0022 598.0022 105.0021 226.0021 538.00
Gross profit15 786.0017 245.0015 568.0016 689.0016 414.00
EBIT5 342.007 251.005 762.005 495.004 122.00
Net earnings2 797.004 859.003 590.003 613.002 886.00
Shareholders equity total235 546.00241 681.00246 523.00251 201.00254 087.00
Balance sheet total (assets)286 289.00287 851.00284 869.00287 321.00287 609.00
Net debt43 827.0038 362.0034 442.0032 029.0031 974.00
Profitability
EBIT-%24.8 %32.1 %26.1 %25.9 %19.1 %
ROA1.9 %2.6 %2.1 %2.0 %1.4 %
ROE1.2 %2.0 %1.5 %1.5 %1.1 %
ROI2.0 %2.6 %2.1 %2.0 %1.4 %
Economic value added (EVA)-8 697.65-6 558.81-8 071.62-7 575.08-9 851.37
Solvency
Equity ratio82.5 %84.0 %86.5 %87.4 %88.3 %
Gearing18.8 %16.7 %14.4 %13.5 %12.6 %
Relative net indebtedness %233.4 %195.9 %168.7 %150.9 %148.5 %
Liquidity
Quick ratio0.20.40.11.30.9
Current ratio0.30.60.21.51.1
Cash and cash equivalents498.001 894.001 055.001 785.00
Capital use efficiency
Trade debtors turnover (days)5.929.97.62.3
Net working capital %-36.5 %-20.0 %-89.3 %12.4 %3.5 %
Credit risk
Credit ratingAAAAAAAAAAA

Variable visualization

ROA:1.44%
Rating: 27/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:88.3%
Rating: 68/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chairman of the board
Board member
Chief executive officer
Board member
Board member

Companies in the same industry

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