Aagaarden Odder ApS — Credit Rating and Financial Key Figures

CVR number: 40220488
Aabygade 14, 8300 Odder
aagaardenodder@gmail.com

Credit rating

Company information

Official name
Aagaarden Odder ApS
Personnel
1 person
Established
2019
Company form
Private limited company
Industry

About Aagaarden Odder ApS

Aagaarden Odder ApS (CVR number: 40220488) is a company from ODDER. The company recorded a gross profit of 913.5 kDKK in 2023. The operating profit was 352.4 kDKK, while net earnings were 659.3 kDKK. The profitability of the company measured by Return on Assets (ROA) was 6.6 %, which can be considered decent but Return on Equity (ROE) was 109.8 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 4.8 %, a level that can be considered to be very low. This means the company is highly leveraged, with most assets financed through debt. This high level of financial risk could pose challenges in periods of financial distress or rising interest rates. Aagaarden Odder ApS's liquidity measured by quick ratio was 0 which is at a very low level. Thus, the company is in an unstable financial position, with its liquid assets significantly undermatching its current liabilities. This severe liquidity deficiency may lead to financial distress and threaten the company's operational continuity.

Financial information

See financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2019
2020
2021
2022
2023
Volume
Net sales636.91
Gross profit599.39993.01841.91823.26913.46
EBIT408.53531.63356.42386.55352.43
Net earnings44.04164.623.778.58659.26
Shareholders equity total94.04258.66262.44271.01930.28
Balance sheet total (assets)18 928.7019 222.8018 937.6319 631.9519 376.47
Net debt24 517.6218 220.9917 831.4918 286.0517 539.78
Profitability
EBIT-%64.1 %
ROA2.2 %2.8 %1.9 %2.0 %6.6 %
ROE46.8 %93.3 %1.4 %3.2 %109.8 %
ROI1.6 %2.4 %1.9 %2.1 %6.9 %
Economic value added (EVA)290.06- 774.43- 572.94- 641.53- 658.36
Solvency
Equity ratio0.5 %1.3 %1.4 %1.4 %4.8 %
Gearing26688.2 %7044.2 %6839.7 %6747.2 %1885.4 %
Relative net indebtedness %2880.3 %
Liquidity
Quick ratio7.60.10.00.00.0
Current ratio7.60.10.00.00.0
Cash and cash equivalents580.19118.44
Capital use efficiency
Trade debtors turnover (days)
Net working capital %119.5 %
Credit risk
Credit ratingBBBABBBBBBBBB

Variable visualization

ROA:6.64%
Rating: 48/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:4.81%
Rating: 5/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

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