AH Engros A/S — Credit Rating and Financial Key Figures
Credit rating
Company information
About AH Engros A/S
AH Engros A/S (CVR number: 27397182) is a company from VEJEN. The company recorded a gross profit of -27.4 kDKK in 2023. The operating profit was -27.4 kDKK, while net earnings were 32.6 kDKK. The profitability of the company measured by Return on Assets (ROA) was 3.3 %, which can be considered weak and Return on Equity (ROE) was 1.7 %, which can be considered weak. The equity ratio, a key indicator for solidity, stood at 32.1 %, 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. AH Engros A/S's liquidity measured by quick ratio was 1.5 which is at a high level. Thus, the company is in a strong financial position, with liquid assets surpassing current liabilities. It is well-prepared to cover short-term financial obligations.
Financial information
See financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | |||||
Gross profit | -54.00 | -29.00 | -11.00 | -33.00 | -27.43 |
EBIT | -54.00 | -29.00 | -11.00 | -33.00 | -27.43 |
Net earnings | -13.00 | 16.00 | 40.00 | 22.00 | 32.61 |
Shareholders equity total | 1 856.00 | 1 872.00 | 1 911.00 | 1 934.00 | 1 965.76 |
Balance sheet total (assets) | 5 386.00 | 5 543.00 | 5 735.00 | 5 917.00 | 6 115.31 |
Net debt | 2 651.00 | 3 456.00 | 3 534.00 | 3 630.00 | 3 821.86 |
Profitability | |||||
EBIT-% | |||||
ROA | 2.2 % | 3.0 % | 3.5 % | 3.1 % | 3.3 % |
ROE | -0.7 % | 0.9 % | 2.1 % | 1.1 % | 1.7 % |
ROI | 2.3 % | 3.0 % | 3.5 % | 3.1 % | 3.3 % |
Economic value added (EVA) | -79.13 | -71.94 | -92.65 | - 108.54 | - 102.34 |
Solvency | |||||
Equity ratio | 34.5 % | 33.8 % | 33.3 % | 32.7 % | 32.1 % |
Gearing | 189.4 % | 195.3 % | 198.9 % | 204.4 % | 209.6 % |
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 1.5 | 1.5 | 1.5 | 1.5 | 1.5 |
Current ratio | 1.5 | 1.5 | 1.5 | 1.5 | 1.5 |
Cash and cash equivalents | 864.00 | 200.00 | 267.00 | 323.00 | 297.41 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | BB | BB | BB | BB | BB |
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