AARHUS METAL HANDEL A/S — Credit Rating and Financial Key Figures
Credit rating
Company information
About AARHUS METAL HANDEL A/S
AARHUS METAL HANDEL A/S (CVR number: 27670717) is a company from FAVRSKOV. The company reported a net sales of 0.1 mDKK in 2023, demonstrating a growth of 44.1 % compared to the previous year. The operating profit percentage was poor at -208.3 % (EBIT: -0.2 mDKK), while net earnings were -158.9 kDKK. The profitability of the company measured by Return on Assets (ROA) was -37.4 %, which can be considered poor and Return on Equity (ROE) was -47.8 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 74.7 %, 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. AARHUS METAL HANDEL A/S's liquidity measured by quick ratio was 1.3 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 (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | 102.49 | 76.67 | 170.21 | 52.96 | 76.29 |
Gross profit | 10.59 | 3.45 | 128.88 | 46.67 | 18.17 |
EBIT | 10.59 | 3.45 | 3.81 | - 135.26 | - 158.89 |
Net earnings | 10.59 | 3.30 | 3.65 | - 135.38 | - 158.94 |
Shareholders equity total | 540.13 | 543.43 | 547.07 | 411.69 | 252.75 |
Balance sheet total (assets) | 552.61 | 563.96 | 593.02 | 511.74 | 338.36 |
Net debt | -53.43 | -80.79 | - 124.61 | - 100.28 | -83.36 |
Profitability | |||||
EBIT-% | 10.3 % | 4.5 % | 2.2 % | -255.4 % | -208.3 % |
ROA | 2.0 % | 0.6 % | 0.6 % | -24.5 % | -37.4 % |
ROE | 2.0 % | 0.6 % | 0.7 % | -28.2 % | -47.8 % |
ROI | 2.0 % | 0.6 % | 0.7 % | -28.2 % | -47.8 % |
Economic value added (EVA) | -11.38 | -21.01 | -19.44 | - 156.49 | - 174.54 |
Solvency | |||||
Equity ratio | 97.7 % | 96.4 % | 92.3 % | 80.4 % | 74.7 % |
Gearing | |||||
Relative net indebtedness % | -40.0 % | -78.6 % | -46.2 % | -0.4 % | 2.9 % |
Liquidity | |||||
Quick ratio | 35.2 | 20.1 | 9.9 | 1.9 | 1.3 |
Current ratio | 35.2 | 20.1 | 9.9 | 2.9 | 1.9 |
Cash and cash equivalents | 53.43 | 80.79 | 124.61 | 100.28 | 83.36 |
Capital use efficiency | |||||
Trade debtors turnover (days) | 407.4 | 151.5 | |||
Net working capital % | 416.6 % | 511.1 % | 239.9 % | 355.9 % | 99.1 % |
Credit risk | |||||
Credit rating | BBB | BBB | BBB | BB | BB |
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