ARBERG TIME A/S — Credit Rating and Financial Key Figures
Credit rating
Company information
About ARBERG TIME A/S
ARBERG TIME A/S (CVR number: 82799710) is a company from RUDERSDAL. The company recorded a gross profit of -826.1 kDKK in 2023. The operating profit was -1738.6 kDKK, while net earnings were -1276.5 kDKK. The profitability of the company measured by Return on Assets (ROA) was -22.6 %, which can be considered poor and Return on Equity (ROE) was -25.8 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 32 %, a level that can be considered to be low. This means a higher proportion of debt in its capital structure, indicating a greater reliance on borrowed funds. ARBERG TIME A/S's liquidity measured by quick ratio was 1.5 which is at a high level. Thus, the company is in a strong financial position, with liquid assets surpassing current liabilities. It is well-prepared to cover short-term financial obligations.
Financial information
See financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | |||||
Gross profit | 8 934.00 | 10 267.00 | 14 412.55 | 2 425.37 | - 826.08 |
EBIT | 246.00 | 1 582.00 | 5 558.62 | -4 530.84 | -1 738.63 |
Net earnings | - 111.00 | 1 031.00 | 4 124.96 | -3 542.86 | -1 276.45 |
Shareholders equity total | 6 968.00 | 8 000.00 | 12 124.56 | 8 581.69 | 1 305.24 |
Balance sheet total (assets) | 26 722.00 | 27 324.00 | 24 209.00 | 10 376.83 | 4 077.53 |
Net debt | 2 715.78 | -3 709.23 | 1 462.24 | ||
Profitability | |||||
EBIT-% | |||||
ROA | 0.9 % | 5.9 % | 21.7 % | -25.7 % | -22.6 % |
ROE | -1.6 % | 13.8 % | 41.0 % | -34.2 % | -25.8 % |
ROI | 0.9 % | 5.9 % | 26.1 % | -36.9 % | -26.5 % |
Economic value added (EVA) | - 109.77 | 1 231.86 | 3 930.81 | -4 143.79 | -1 600.97 |
Solvency | |||||
Equity ratio | 100.0 % | 100.0 % | 50.1 % | 82.7 % | 32.0 % |
Gearing | 22.6 % | 188.5 % | |||
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 0.7 | 5.8 | 1.5 | ||
Current ratio | 2.3 | 5.8 | 1.5 | ||
Cash and cash equivalents | 20.43 | 3 709.23 | 998.70 | ||
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | BBB | BBB | AAA | BB | BB |
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