ÆRØ VAND A/S — Credit Rating and Financial Key Figures
Credit rating
Company information
About ÆRØ VAND A/S
ÆRØ VAND A/S (CVR number: 32095186) is a company from ÆRØ. The company reported a net sales of 21.9 mDKK in 2024, demonstrating a growth of 1.8 % compared to the previous year. The operating profit percentage was at 14 % (EBIT: 3.1 mDKK), while net earnings were 2138 kDKK. The profitability of the company measured by Return on Assets (ROA) was 1.1 %, which can be considered weak and Return on Equity (ROE) was 0.8 %, which can be considered weak. The equity ratio, a key indicator for solidity, stood at 89.7 %, 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 0.7 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 financialsNet sales (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2020 | 2021 | 2022 | 2023 | 2024 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | 22 598.00 | 22 105.00 | 21 226.00 | 21 538.00 | 21 923.00 |
Gross profit | 17 245.00 | 15 568.00 | 16 689.00 | 16 414.00 | 15 815.00 |
EBIT | 7 251.00 | 5 762.00 | 5 495.00 | 4 122.00 | 3 080.00 |
Net earnings | 4 859.00 | 3 590.00 | 3 613.00 | 2 886.00 | 2 138.00 |
Shareholders equity total | 241 681.00 | 246 523.00 | 251 201.00 | 254 087.00 | 256 226.00 |
Balance sheet total (assets) | 287 851.00 | 284 869.00 | 287 321.00 | 287 609.00 | 285 747.00 |
Net debt | 38 362.00 | 34 442.00 | 32 029.00 | 31 974.00 | 22 293.00 |
Profitability | |||||
EBIT-% | 32.1 % | 26.1 % | 25.9 % | 19.1 % | 14.0 % |
ROA | 2.6 % | 2.1 % | 2.0 % | 1.4 % | 1.1 % |
ROE | 2.0 % | 1.5 % | 1.5 % | 1.1 % | 0.8 % |
ROI | 2.6 % | 2.1 % | 2.0 % | 1.4 % | 1.1 % |
Economic value added (EVA) | -6 812.52 | -8 405.33 | -8 676.51 | -10 315.88 | -11 294.57 |
Solvency | |||||
Equity ratio | 84.0 % | 86.5 % | 87.4 % | 88.3 % | 89.7 % |
Gearing | 16.7 % | 14.4 % | 13.5 % | 12.6 % | 10.2 % |
Relative net indebtedness % | 195.9 % | 168.7 % | 150.9 % | 155.6 % | 117.0 % |
Liquidity | |||||
Quick ratio | 0.4 | 0.1 | 1.3 | 0.7 | 0.7 |
Current ratio | 0.6 | 0.2 | 1.5 | 0.9 | 0.9 |
Cash and cash equivalents | 1 894.00 | 1 055.00 | 1 785.00 | 3 861.00 | |
Capital use efficiency | |||||
Trade debtors turnover (days) | 29.9 | 7.6 | 2.3 | 3.1 | |
Net working capital % | -20.0 % | -89.3 % | 12.4 % | -3.7 % | -5.1 % |
Credit risk | |||||
Credit rating | AAA | AAA | AA | AAA | AAA |
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