ALERIS A/S — Credit Rating and Financial Key Figures
Credit rating
Company information
About ALERIS A/S
ALERIS A/S (CVR number: 71017516) is a company from GLADSAXE. The company reported a net sales of 923.2 mDKK in 2023, demonstrating a growth of 2.4 % compared to the previous year. The operating profit percentage was poor at -2.7 % (EBIT: -24.9 mDKK), while net earnings were -2578.8 kDKK. The profitability of the company measured by Return on Assets (ROA) was -1.8 %, which can be considered poor and Return on Equity (ROE) was -0.9 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 66.9 %, a level that can be considered to be good. This shows that a large part of the company's assets are funded by shareholders' equity, reducing financial risk. ALERIS A/S's liquidity measured by quick ratio was 1.4 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 financialsNet sales (mDKK)
EBIT (mDKK)
Profitability
Solidity
Key figures (mDKK)
See financials2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | 623.23 | 601.28 | 741.37 | 901.64 | 923.24 |
Gross profit | 424.36 | 378.73 | 466.16 | 588.19 | 579.95 |
EBIT | -2.04 | -30.21 | -3.99 | 28.41 | -24.91 |
Net earnings | 21.30 | -10.09 | 3.56 | 22.58 | -2.58 |
Shareholders equity total | 258.02 | 250.51 | 254.06 | 276.64 | 274.06 |
Balance sheet total (assets) | 426.89 | 428.19 | 434.26 | 442.27 | 422.65 |
Net debt | 5.42 | 22.70 | |||
Profitability | |||||
EBIT-% | -0.3 % | -5.0 % | -0.5 % | 3.2 % | -2.7 % |
ROA | -0.5 % | -7.1 % | -0.9 % | 6.6 % | -1.8 % |
ROE | 8.6 % | -4.0 % | 1.4 % | 8.5 % | -0.9 % |
ROI | -0.6 % | -7.1 % | -0.9 % | 7.7 % | -2.4 % |
Economic value added (EVA) | -11.52 | -43.17 | -16.58 | 10.11 | -30.21 |
Solvency | |||||
Equity ratio | 100.0 % | 100.0 % | 100.0 % | 64.9 % | 66.9 % |
Gearing | 2.0 % | 8.4 % | |||
Relative net indebtedness % | 16.3 % | 13.9 % | |||
Liquidity | |||||
Quick ratio | 2.0 | 1.4 | |||
Current ratio | 1.9 | 1.4 | |||
Cash and cash equivalents | 0.19 | 0.45 | |||
Capital use efficiency | |||||
Trade debtors turnover (days) | 46.8 | 41.4 | |||
Net working capital % | 13.0 % | 4.8 % | |||
Credit risk | |||||
Credit rating | BBB | BBB | BBB | AAA | A |
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