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 29.7 mDKK in 2024, demonstrating a growth of 42.1 % compared to the previous year. The operating profit percentage was at 99.6 % (EBIT: 29.6 mDKK), while net earnings were 36.5 mDKK. The profitability of the company measured by Return on Assets (ROA) was 3 %, which can be considered weak and Return on Equity (ROE) was 2.9 %, which can be considered weak. The equity ratio, a key indicator for solidity, stood at 97.3 %, 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 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 financials2020 | 2021 | 2022 | 2023 | 2024 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | 413 955.00 | 438 409.00 | 20 899.00 | 29 690.00 | |
Gross profit | 413 955.00 | 438 409.00 | 20 899.00 | 29 690.00 | |
EBIT | -15 300.00 | 413 898.00 | 438 275.00 | 20 813.00 | 29 578.00 |
Net earnings | -15 300.00 | 413 890.00 | 435 800.00 | 28 246.00 | 36 549.00 |
Shareholders equity total | 1 346 100.00 | 1 000 010.00 | 1 435 810.00 | 1 464 056.00 | 1 070 605.00 |
Balance sheet total (assets) | 1 774 700.00 | 1 001 682.00 | 1 435 888.00 | 1 464 124.00 | 1 099 979.00 |
Net debt | 1 608.00 | 14.00 | 3.00 | 29 309.00 | |
Profitability | |||||
EBIT-% | 100.0 % | 100.0 % | 99.6 % | 99.6 % | |
ROA | -1.0 % | 29.8 % | 36.0 % | 2.1 % | 3.0 % |
ROE | -1.1 % | 35.3 % | 35.8 % | 1.9 % | 2.9 % |
ROI | -1.0 % | 29.8 % | 36.0 % | 2.1 % | 3.0 % |
Economic value added (EVA) | -83 710.35 | 345 964.68 | 388 392.69 | -52 760.20 | -45 478.17 |
Solvency | |||||
Equity ratio | 100.0 % | 99.8 % | 100.0 % | 100.0 % | 97.3 % |
Gearing | 0.2 % | 0.0 % | 0.0 % | 2.7 % | |
Relative net indebtedness % | 0.4 % | 0.0 % | 0.3 % | 98.9 % | |
Liquidity | |||||
Quick ratio | 19.1 | 6 132.3 | 7 449.4 | 4.0 | |
Current ratio | 19.1 | 6 132.3 | 7 449.4 | 4.0 | |
Cash and cash equivalents | |||||
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | 7.3 % | 109.1 % | 2423.5 % | 293.2 % | |
Credit risk | |||||
Credit rating | BBB | A | A | A | AA |
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