Aalborg Fjernkøling A/S — Credit Rating and Financial Key Figures

CVR number: 37862940
Norbis Park 100, Stae 9310 Vodskov

Credit rating

Company information

Official name
Aalborg Fjernkøling A/S
Established
2016
Domicile
Stae
Company form
Limited company
Industry
  • Expand more icon35Electricity, gas, steam and air conditioning supply

About Aalborg Fjernkøling A/S

Aalborg Fjernkøling A/S (CVR number: 37862940) is a company from AALBORG. The company recorded a gross profit of 13 mDKK in 2023. The operating profit was 11 mDKK, while net earnings were 5320 kDKK. The profitability of the company measured by Return on Assets (ROA) was 7.1 %, which can be considered decent but Return on Equity (ROE) was 34.3 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 14.3 %, a level that can be considered to be very low. This means the company is highly leveraged, with most assets financed through debt. This high level of financial risk could pose challenges in periods of financial distress or rising interest rates. Aalborg Fjernkøling A/S's liquidity measured by quick ratio was 0.1 which is at a very low level. Thus, the company is in an unstable financial position, with its liquid assets significantly undermatching its current liabilities. This severe liquidity deficiency may lead to financial distress and threaten the company's operational continuity.

Financial information

See financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2019
2020
2021
2022
2023
Volume
Net sales
Gross profit-8.00-1 350.00-1 109.0013 032.00
EBIT- 441.00-1 303.00-2 922.00-2 870.0010 981.00
Net earnings- 352.00-1 309.00-3 295.00-2 265.005 320.00
Shareholders equity total14 735.0013 426.0010 131.007 866.0023 187.00
Balance sheet total (assets)21 386.0076 368.00129 027.00148 834.00162 326.00
Net debt6 058.0045 928.00102 467.00121 585.00117 148.00
Profitability
EBIT-%
ROA-2.1 %-2.6 %-2.8 %-1.3 %7.1 %
ROE-2.4 %-9.3 %-28.0 %-25.2 %34.3 %
ROI-2.2 %-3.2 %-3.4 %-1.5 %8.2 %
Economic value added (EVA)- 429.32-1 756.29-2 954.01-2 753.758 114.41
Solvency
Equity ratio68.9 %17.6 %7.9 %5.3 %14.3 %
Gearing41.1 %342.1 %1011.4 %1545.7 %505.2 %
Relative net indebtedness %
Liquidity
Quick ratio0.50.20.10.10.1
Current ratio0.50.20.10.10.1
Cash and cash equivalents
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingABBBBBBBBBAA

Variable visualization

ROA:7.13%
Rating: 49/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:14.3%
Rating: 14/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Board member
Board member
Chairman of the board
Board member
Board member

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