AA Ingredients A/S — Credit Rating and Financial Key Figures
Credit rating
Company information
About AA Ingredients A/S
AA Ingredients A/S (CVR number: 17585398) is a company from RINGKØBING-SKJERN. The company recorded a gross profit of -482.2 kDKK in 2023. The operating profit was -651 kDKK, while net earnings were -517.8 kDKK. The profitability of the company measured by Return on Assets (ROA) was -39.3 %, which can be considered poor and Return on Equity (ROE) was -42.7 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 73.1 %, 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. AA Ingredients A/S's liquidity measured by quick ratio was 3.6 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 financials2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | |||||
Gross profit | - 573.31 | - 481.69 | - 478.79 | - 449.64 | - 482.21 |
EBIT | - 798.04 | - 682.90 | - 679.23 | - 615.49 | - 651.00 |
Net earnings | - 603.90 | - 525.26 | - 525.48 | - 478.34 | - 517.82 |
Shareholders equity total | 1 999.68 | 1 474.42 | 948.94 | 470.60 | 1 952.78 |
Balance sheet total (assets) | 2 142.85 | 1 952.01 | 1 196.07 | 644.00 | 2 672.50 |
Net debt | - 694.27 | - 710.52 | - 269.41 | -88.38 | -1 577.34 |
Profitability | |||||
EBIT-% | |||||
ROA | -18.3 % | -32.5 % | -42.4 % | -66.2 % | -39.3 % |
ROE | -15.9 % | -30.2 % | -43.4 % | -67.4 % | -42.7 % |
ROI | -20.0 % | -38.3 % | -55.1 % | -82.5 % | -43.6 % |
Economic value added (EVA) | - 826.79 | - 600.83 | - 570.45 | - 517.15 | - 527.03 |
Solvency | |||||
Equity ratio | 93.3 % | 75.5 % | 79.3 % | 73.1 % | 73.1 % |
Gearing | 0.0 % | 12.2 % | 25.7 % | ||
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 15.0 | 4.1 | 4.6 | 2.6 | 3.6 |
Current ratio | 15.0 | 4.1 | 4.8 | 3.7 | 3.7 |
Cash and cash equivalents | 694.29 | 710.52 | 269.41 | 145.68 | 2 080.07 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | BB | BB | BB | BB | BB |
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