Aarhus Vand Kommerciel A/S — Credit Rating and Financial Key Figures
Credit rating
Company information
About Aarhus Vand Kommerciel A/S
Aarhus Vand Kommerciel A/S (CVR number: 38139037) is a company from AARHUS. The company reported a net sales of 13.4 mDKK in 2023, demonstrating a growth of 17.4 % compared to the previous year. The operating profit percentage was at 8 % (EBIT: 1.1 mDKK), while net earnings were 339 kDKK. The profitability of the company measured by Return on Assets (ROA) was 5.4 %, which can be considered decent and Return on Equity (ROE) was 5.4 %, which can be considered decent. The equity ratio, a key indicator for solidity, stood at 56.3 %, 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. Aarhus Vand Kommerciel A/S's liquidity measured by quick ratio was 1.8 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 financialsNet sales (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | 8 113.00 | 10 538.00 | 11 172.00 | 11 414.00 | 13 404.00 |
Gross profit | 406.00 | 888.00 | 831.00 | 825.00 | 1 231.00 |
EBIT | 138.00 | 743.00 | 548.00 | 630.00 | 1 074.00 |
Net earnings | -12.00 | 684.00 | 1 444.00 | 768.00 | 339.00 |
Shareholders equity total | 3 591.00 | 4 275.00 | 5 719.00 | 6 487.00 | 6 126.00 |
Balance sheet total (assets) | 10 600.00 | 7 574.00 | 12 692.00 | 10 956.00 | 10 879.00 |
Net debt | -2 135.00 | -3 297.00 | -1 030.00 | - 651.00 | 1 895.00 |
Profitability | |||||
EBIT-% | 1.7 % | 7.1 % | 4.9 % | 5.5 % | 8.0 % |
ROA | 0.5 % | 9.6 % | 16.0 % | 7.8 % | 5.4 % |
ROE | -0.3 % | 17.4 % | 28.9 % | 12.6 % | 5.4 % |
ROI | 0.6 % | 12.8 % | 18.9 % | 8.6 % | 5.8 % |
Economic value added (EVA) | 158.59 | 705.39 | 466.15 | 675.00 | 952.45 |
Solvency | |||||
Equity ratio | 33.9 % | 56.4 % | 45.1 % | 59.2 % | 56.3 % |
Gearing | 113.8 % | 39.8 % | 95.8 % | 60.3 % | 60.9 % |
Relative net indebtedness % | 9.7 % | -16.1 % | 4.2 % | -0.8 % | 21.8 % |
Liquidity | |||||
Quick ratio | 1.5 | 2.1 | 1.6 | 1.9 | 1.8 |
Current ratio | 1.5 | 2.1 | 1.6 | 1.9 | 1.8 |
Cash and cash equivalents | 6 220.00 | 4 998.00 | 6 509.00 | 4 560.00 | 1 836.00 |
Capital use efficiency | |||||
Trade debtors turnover (days) | 166.5 | 66.3 | 45.2 | 31.5 | 26.5 |
Net working capital % | 43.0 % | 35.9 % | 35.5 % | 33.4 % | 26.9 % |
Credit risk | |||||
Credit rating | BBB | A | A | A | A |
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