ASTRUP CEMENTSTØBERI A/S — Credit Rating and Financial Key Figures
Credit rating
Company information
About ASTRUP CEMENTSTØBERI A/S
ASTRUP CEMENTSTØBERI A/S (CVR number: 13835799) is a company from IKAST-BRANDE. The company recorded a gross profit of 2902.7 kDKK in 2023. The operating profit was -568.7 kDKK, while net earnings were -426.9 kDKK. The profitability of the company measured by Return on Assets (ROA) was -8.7 %, which can be considered poor and Return on Equity (ROE) was -8.8 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 87 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. ASTRUP CEMENTSTØBERI A/S's liquidity measured by quick ratio was 2.8 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 | 4 392.66 | 5 192.89 | 5 924.86 | 4 657.11 | 2 902.72 |
EBIT | 1 395.21 | 1 658.26 | 2 159.56 | 989.97 | - 568.69 |
Net earnings | 1 037.92 | 1 257.90 | 1 672.16 | 723.71 | - 426.86 |
Shareholders equity total | 2 917.38 | 3 675.28 | 4 347.44 | 5 071.15 | 4 644.29 |
Balance sheet total (assets) | 4 919.08 | 5 831.34 | 6 132.42 | 6 900.87 | 5 338.41 |
Net debt | 162.40 | -1 371.71 | - 284.03 | - 390.36 | |
Profitability | |||||
EBIT-% | |||||
ROA | 31.0 % | 30.9 % | 36.2 % | 15.2 % | -8.7 % |
ROE | 40.7 % | 38.2 % | 41.7 % | 15.4 % | -8.8 % |
ROI | 40.4 % | 41.8 % | 48.6 % | 20.0 % | -10.9 % |
Economic value added (EVA) | 953.28 | 1 166.71 | 1 571.28 | 571.10 | - 676.50 |
Solvency | |||||
Equity ratio | 59.3 % | 63.0 % | 70.9 % | 73.5 % | 87.0 % |
Gearing | 20.6 % | 1.4 % | 1.7 % | 1.3 % | |
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 0.8 | 1.3 | 1.4 | 2.4 | 2.8 |
Current ratio | 1.3 | 1.8 | 2.2 | 2.9 | 4.9 |
Cash and cash equivalents | 439.05 | 1 424.46 | 358.06 | 454.09 | |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | AA | A | AA | AA | BBB |
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