PRODUKTIONSSELSKABET AF 18. AUGUST 1989 ApS β€” Credit Rating and Financial Key Figures

CVR number: 10213177
Vardevej 4-6, 9220 Aalborg Øst
shjensen@jensen-bread.dk
tel: 98155200

Credit rating

Company information

Official name
PRODUKTIONSSELSKABET AF 18. AUGUST 1989 ApS
Established
1986
Company form
Private limited company
Industry
  • Expand more icon02Forestry and logging

About PRODUKTIONSSELSKABET AF 18. AUGUST 1989 ApS

PRODUKTIONSSELSKABET AF 18. AUGUST 1989 ApS (CVR number: 10213177) is a company from AALBORG. The company recorded a gross profit of 75.6 kDKK in 2023. The operating profit was 14.3 kDKK, while net earnings were -6.3 kDKK. The profitability of the company measured by Return on Assets (ROA) was 5.3 %, which can be considered decent but Return on Equity (ROE) was -0.5 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 77.7 %, a level that can be considered to be good. This shows that a large part of the company's assets are funded by shareholders' equity, reducing financial risk. PRODUKTIONSSELSKABET AF 18. AUGUST 1989 ApS's liquidity measured by quick ratio was 0.5 which is at a low level. Thus, the company may face difficulties in addressing its short-term obligations with its available liquid assets.

Financial information

See financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2019
2020
2021
2022
2023
Volume
Net sales13.64
Gross profit13.6425.86-0.79366.6075.63
EBIT-56.62-44.39-66.79304.0114.32
Net earnings- 169.50- 246.86- 161.38327.84-6.31
Shareholders equity total1 431.591 184.731 023.351 351.191 344.88
Balance sheet total (assets)2 237.431 963.201 627.891 647.261 731.70
Net debt584.72520.02464.63158.07315.61
Profitability
EBIT-%-415.1 %
ROA4.1 %8.7 %4.7 %24.7 %5.3 %
ROE-11.2 %-18.9 %-14.6 %27.6 %-0.5 %
ROI-7.6 %-12.1 %-9.7 %25.2 %-0.1 %
Economic value added (EVA)-33.23-36.00-51.93249.60-7.71
Solvency
Equity ratio64.0 %60.3 %62.9 %82.0 %77.7 %
Gearing53.9 %59.4 %53.0 %18.3 %26.5 %
Relative net indebtedness %4430.7 %
Liquidity
Quick ratio0.30.30.20.30.5
Current ratio0.30.30.20.30.5
Cash and cash equivalents187.28183.2578.2289.3940.93
Capital use efficiency
Trade debtors turnover (days)
Net working capital %-4018.5 %
Credit risk
Credit ratingBBBBBBBBBAA

Variable visualization

ROA:5.34%
Rating: 44/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:77.7%
Rating: 58/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer

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