ABELSTEDT APS — Credit Rating and Financial Key Figures
Credit rating
Company information
About ABELSTEDT APS
ABELSTEDT APS (CVR number: 36537043) is a company from FREDERIKSBERG. The company recorded a gross profit of 387.3 kDKK in 2024. The operating profit was 20.9 kDKK, while net earnings were -3.3 kDKK. The profitability of the company measured by Return on Assets (ROA) was 2.7 %, which can be considered weak but Return on Equity (ROE) was -0.7 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 63.1 %, 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. ABELSTEDT APS's liquidity measured by quick ratio was 1.6 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 financials2020 | 2021 | 2022 | 2023 | 2024 | |
|---|---|---|---|---|---|
| Volume | |||||
| Net sales | |||||
| Gross profit | 1 115.98 | 426.06 | 410.41 | 516.92 | 387.32 |
| EBIT | 1 005.73 | 309.62 | - 311.19 | 165.52 | 20.92 |
| Net earnings | 802.54 | 192.66 | - 260.86 | 140.15 | -3.34 |
| Shareholders equity total | 957.81 | 750.47 | 489.62 | 629.77 | 391.63 |
| Balance sheet total (assets) | 1 401.06 | 1 082.89 | 811.23 | 926.24 | 620.18 |
| Net debt | - 451.57 | - 217.80 | -51.05 | 71.40 | - 307.52 |
| Profitability | |||||
| EBIT-% | |||||
| ROA | 63.0 % | 27.1 % | -30.5 % | 20.5 % | 2.7 % |
| ROE | 69.4 % | 22.6 % | -42.1 % | 25.0 % | -0.7 % |
| ROI | 87.9 % | 36.5 % | -40.1 % | 25.7 % | 3.4 % |
| Economic value added (EVA) | 712.20 | 133.95 | - 322.75 | 104.96 | -25.57 |
| Solvency | |||||
| Equity ratio | 68.4 % | 69.3 % | 60.4 % | 68.0 % | 63.1 % |
| Gearing | 2.4 % | 14.8 % | 18.3 % | 27.7 % | 12.6 % |
| Relative net indebtedness % | |||||
| Liquidity | |||||
| Quick ratio | 2.5 | 2.6 | 1.6 | 2.0 | 1.6 |
| Current ratio | 3.2 | 3.3 | 2.4 | 3.1 | 2.7 |
| Cash and cash equivalents | 474.73 | 329.13 | 140.45 | 103.22 | 356.88 |
| Capital use efficiency | |||||
| Trade debtors turnover (days) | |||||
| Net working capital % | |||||
| Credit risk | |||||
| Credit rating | BBB | BBB | BB | BBB | BBB |
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