AABENRAA AUTOMOBILHANDEL A/S — Credit Rating and Financial Key Figures
Credit rating
Company information
About AABENRAA AUTOMOBILHANDEL A/S
AABENRAA AUTOMOBILHANDEL A/S (CVR number: 66729117) is a company from AABENRAA. The company recorded a gross profit of -191.6 kDKK in 2023. The operating profit was -255.3 kDKK, while net earnings were 1350.9 kDKK. The profitability of the company measured by Return on Assets (ROA) was 7.4 %, which can be considered decent and Return on Equity (ROE) was 6.7 %, which can be considered decent. The equity ratio, a key indicator for solidity, stood at 88.7 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. AABENRAA AUTOMOBILHANDEL A/S's liquidity measured by quick ratio was 6.9 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 | - 188.87 | - 206.01 | - 329.71 | -40.08 | - 191.61 |
EBIT | - 276.20 | - 282.01 | - 405.71 | - 116.08 | - 255.27 |
Net earnings | 3 004.59 | - 707.77 | 1 671.25 | -2 350.37 | 1 350.94 |
Shareholders equity total | 33 365.74 | 21 807.97 | 22 879.22 | 19 928.85 | 20 679.79 |
Balance sheet total (assets) | 34 265.88 | 22 095.50 | 23 279.04 | 22 102.37 | 23 310.46 |
Net debt | -34 127.75 | -16 191.62 | -17 788.44 | -17 016.54 | -18 142.74 |
Profitability | |||||
EBIT-% | |||||
ROA | 10.3 % | 2.4 % | 8.7 % | 0.1 % | 7.4 % |
ROE | 9.4 % | -2.6 % | 7.5 % | -11.0 % | 6.7 % |
ROI | 10.5 % | 2.5 % | 8.8 % | 0.1 % | 8.2 % |
Economic value added (EVA) | -1 800.04 | -1 959.12 | -1 443.61 | -1 265.79 | -1 256.70 |
Solvency | |||||
Equity ratio | 97.4 % | 98.7 % | 98.3 % | 90.2 % | 88.7 % |
Gearing | |||||
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 38.4 | 61.1 | 46.6 | 7.8 | 6.9 |
Current ratio | 38.4 | 61.1 | 46.6 | 7.8 | 6.9 |
Cash and cash equivalents | 34 127.75 | 16 191.62 | 17 788.44 | 17 016.54 | 18 142.74 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | A | BBB | A | BBB | A |
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