AREA COOLING SOLUTIONS ApS — Credit Rating and Financial Key Figures

CVR number: 34046433
Huginsvej 2 B, 3400 Hillerød

Credit rating

Company information

Official name
AREA COOLING SOLUTIONS ApS
Established
2011
Company form
Private limited company
Industry
  • Expand more icon46Wholesale trade, except of motor vehicles and motorcycles

About AREA COOLING SOLUTIONS ApS

AREA COOLING SOLUTIONS ApS (CVR number: 34046433) is a company from HILLERØD. The company recorded a gross profit of 684.3 kDKK in 2018. The operating profit was 684.3 kDKK, while net earnings were 659.7 kDKK. The profitability of the company measured by Return on Assets (ROA) was 195.4 %, which can be considered excellent and Return on Equity (ROE) was 841 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 81.8 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. AREA COOLING SOLUTIONS ApS's liquidity measured by quick ratio was 5.5 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

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2016
2017
2018
Volume
Net sales
Gross profit408.03717.43684.32
EBIT408.03717.43684.32
Net earnings408.03717.43659.68
Shareholders equity total-1 227.58- 510.15149.52
Balance sheet total (assets)3.587.36182.90
Net debt1 222.87505.43-7.57
Profitability
EBIT-%
ROA33.1 %82.1 %195.4 %
ROE11397.6 %13116.9 %841.0 %
ROI33.4 %82.8 %207.6 %
Economic value added (EVA)408.03779.14686.18
Solvency
Equity ratio-99.7 %-98.6 %81.8 %
Gearing-99.7 %-99.9 %
Relative net indebtedness %
Liquidity
Quick ratio0.00.05.5
Current ratio0.00.05.5
Cash and cash equivalents0.544.287.57
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBCC

Variable visualization

ROA:195.4%
Rating: 100/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:81.8%
Rating: 61/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

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