AAK DENMARK HOLDING A/S — Credit Rating and Financial Key Figures
Credit rating
Company information
About AAK DENMARK HOLDING A/S
AAK DENMARK HOLDING A/S (CVR number: 45954919) is a company from AARHUS. The company reported a net sales of 20.9 mDKK in 2023, demonstrating a decline of -95.2 % compared to the previous year. The operating profit percentage was at 99.6 % (EBIT: 20.8 mDKK), while net earnings were 28.2 mDKK. The profitability of the company measured by Return on Assets (ROA) was 2.1 %, which can be considered weak and Return on Equity (ROE) was 1.9 %, which can be considered weak. The equity ratio, a key indicator for solidity, stood at 100 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. AAK DENMARK HOLDING A/S's liquidity measured by quick ratio was 7449.4 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 financialsNet sales (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | 413 955.00 | 438 409.00 | 20 899.00 | ||
Gross profit | 413 955.00 | 438 409.00 | 20 899.00 | ||
EBIT | 1 177 900.00 | -15 300.00 | 413 898.00 | 438 275.00 | 20 813.00 |
Net earnings | 1 178 000.00 | -15 300.00 | 413 890.00 | 435 800.00 | 28 246.00 |
Shareholders equity total | 1 361 400.00 | 1 346 100.00 | 1 000 010.00 | 1 435 810.00 | 1 464 056.00 |
Balance sheet total (assets) | 1 361 400.00 | 1 774 700.00 | 1 001 682.00 | 1 435 888.00 | 1 464 124.00 |
Net debt | 1 608.00 | 14.00 | 3.00 | ||
Profitability | |||||
EBIT-% | 100.0 % | 100.0 % | 99.6 % | ||
ROA | 90.1 % | -1.0 % | 29.8 % | 36.0 % | 2.1 % |
ROE | 90.1 % | -1.1 % | 35.3 % | 35.8 % | 1.9 % |
ROI | 90.1 % | -1.0 % | 29.8 % | 36.0 % | 2.1 % |
Economic value added (EVA) | 1 114 921.68 | -83 710.35 | 345 964.68 | 437 093.63 | -4 641.86 |
Solvency | |||||
Equity ratio | 100.0 % | 100.0 % | 99.8 % | 100.0 % | 100.0 % |
Gearing | 0.2 % | 0.0 % | 0.0 % | ||
Relative net indebtedness % | 0.4 % | 0.0 % | 0.3 % | ||
Liquidity | |||||
Quick ratio | 19.1 | 6 132.3 | 7 449.4 | ||
Current ratio | 19.1 | 6 132.3 | 7 449.4 | ||
Cash and cash equivalents | |||||
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | 7.3 % | 109.1 % | 2423.5 % | ||
Credit risk | |||||
Credit rating | BBB | BBB | A | A | A |
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