ALSO A/S — Credit Rating and Financial Key Figures

CVR number: 17630903
Mårkærvej 2, 2630 Taastrup
Danmark@also.com
tel: 43558899
www.also.dk

Credit rating

Company information

Official name
ALSO A/S
Personnel
230 persons
Established
1994
Company form
Limited company
Industry

About ALSO A/S

ALSO A/S (CVR number: 17630903) is a company from Høje-Taastrup. The company reported a net sales of 7669.5 mDKK in 2024, demonstrating a decline of -15.8 % compared to the previous year. The operating profit percentage was at 1.3 % (EBIT: 97.1 mDKK), while net earnings were 80.1 mDKK. The profitability of the company measured by Return on Assets (ROA) was 6.4 %, which can be considered decent but Return on Equity (ROE) was 17.2 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 25.9 %, a level that can be considered to be low. This means a higher proportion of debt in its capital structure, indicating a greater reliance on borrowed funds. ALSO A/S's liquidity measured by quick ratio was 1 which is at a modest level. Thus, the company's liquid assets are in relative balance with its short-term liabilities, indicating a moderate liquidity position. While it's likely to meet its current obligations, financial flexibility may be constrained, and unexpected costs could pose challenges.

Financial information

See financials

Net sales (mDKK)

EBIT (mDKK)

Profitability

Solidity

Key figures (mDKK)

See financials
2020
2021
2022
2023
2024
Volume
Net sales8 710.6910 669.9910 391.919 108.267 669.47
Gross profit8 710.69236.85249.19225.34221.00
EBIT92.21124.47132.84101.0397.12
Net earnings68.1892.2395.9785.8480.11
Shareholders equity total396.66420.89426.87462.71467.82
Balance sheet total (assets)1 377.271 642.511 727.202 108.971 803.21
Net debt221.5919.5861.35-22.10
Profitability
EBIT-%1.1 %1.2 %1.3 %1.1 %1.3 %
ROA7.2 %8.3 %8.0 %6.4 %6.4 %
ROE18.8 %22.6 %22.6 %19.3 %17.2 %
ROI7.2 %12.4 %24.7 %25.0 %24.0 %
Economic value added (EVA)75.7077.1171.1556.0748.27
Solvency
Equity ratio100.0 %25.6 %24.7 %21.9 %25.9 %
Gearing52.8 %5.1 %15.0 %9.2 %
Relative net indebtedness %11.4 %12.5 %18.0 %16.5 %
Liquidity
Quick ratio0.90.81.01.0
Current ratio1.31.31.31.3
Cash and cash equivalents0.582.378.0265.29
Capital use efficiency
Trade debtors turnover (days)7.37.27.914.3
Net working capital %3.9 %4.0 %5.0 %6.0 %
Credit risk
Credit ratingBBBBBBBBBBBBBBB

Variable visualization

ROA:6.43%
Rating: 47/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:25.9%
Rating: 23/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer

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