ARES Holding Aulum A/S — Credit Rating and Financial Key Figures
Credit rating
Company information
About ARES Holding Aulum A/S
ARES Holding Aulum A/S (CVR number: 27761267) is a company from MORSØ. The company recorded a gross profit of 0 kDKK in 2023. The operating profit was -28.6 kDKK, while net earnings were 146.8 kDKK. The profitability of the company measured by Return on Assets (ROA) was 2.2 %, which can be considered weak and Return on Equity (ROE) was 1.4 %, which can be considered weak. The equity ratio, a key indicator for solidity, stood at 92.7 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. ARES Holding Aulum A/S's liquidity measured by quick ratio was 5.2 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 financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | |||||
Gross profit | |||||
EBIT | -38.67 | -33.95 | -41.64 | -40.83 | -28.65 |
Net earnings | 8 389.88 | - 779.40 | - 619.35 | - 159.71 | 146.79 |
Shareholders equity total | 32 427.11 | 32 521.89 | 26 902.54 | 18 742.83 | 2 089.62 |
Balance sheet total (assets) | 36 917.19 | 36 425.78 | 26 927.54 | 18 851.38 | 2 253.28 |
Net debt | -1 101.20 | -4 493.09 | -13 600.71 | -9 429.39 | - 854.12 |
Profitability | |||||
EBIT-% | |||||
ROA | 26.5 % | -1.6 % | -0.7 % | 0.1 % | 2.2 % |
ROE | 29.8 % | -2.4 % | -2.1 % | -0.7 % | 1.4 % |
ROI | 29.9 % | -1.7 % | -0.7 % | 0.1 % | 2.2 % |
Economic value added (EVA) | - 893.45 | - 692.32 | - 547.55 | - 193.99 | -20.14 |
Solvency | |||||
Equity ratio | 87.8 % | 89.3 % | 99.9 % | 99.4 % | 92.7 % |
Gearing | 9.5 % | ||||
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 869.7 | 674.1 | 87.5 | 5.2 | |
Current ratio | 869.7 | 674.1 | 87.5 | 5.2 | |
Cash and cash equivalents | 1 101.20 | 7 589.17 | 13 600.71 | 9 429.39 | 854.12 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | AA | A | A | A | A |
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