Equipment A/S — Credit Rating and Financial Key Figures
Credit rating
Company information
About Equipment A/S
Equipment A/S (CVR number: 39171465) is a company from AALBORG. The company recorded a gross profit of 244.6 mDKK in 2023. The operating profit was 87.7 mDKK, while net earnings were 67.8 mDKK. The profitability of the company measured by Return on Assets (ROA) was 7.8 %, which can be considered decent but Return on Equity (ROE) was 11.8 %, which can be considered good. The equity ratio, a key indicator for solidity, stood at 51.9 %, a level that can be considered to be modest. This means a balanced mix of debt and equity financing its assets—a typical operational level for many companies. Equipment A/S's liquidity measured by quick ratio was 1 which is at a modest level. Thus, the company's liquid assets are in relative balance with its short-term liabilities, indicating a moderate liquidity position. While it's likely to meet its current obligations, financial flexibility may be constrained, and unexpected costs could pose challenges.
Financial information
See financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | |||||
Gross profit | 199 000.00 | 217 000.00 | 209 000.00 | 217 590.00 | 244 634.00 |
EBIT | 65 000.00 | 88 000.00 | 77 000.00 | 62 893.00 | 87 681.00 |
Net earnings | 43 000.00 | 64 000.00 | 60 000.00 | 48 374.00 | 67 774.00 |
Shareholders equity total | 412 000.00 | 477 000.00 | 539 000.00 | 541 841.00 | 609 946.00 |
Balance sheet total (assets) | 1 082 000.00 | 1 096 000.00 | 1 208 000.00 | 1 195 855.00 | 1 178 318.00 |
Net debt | 172 218.00 | 139 431.00 | |||
Profitability | |||||
EBIT-% | |||||
ROA | 5.9 % | 8.1 % | 6.7 % | 5.8 % | 7.8 % |
ROE | 11.0 % | 14.4 % | 11.8 % | 9.0 % | 11.8 % |
ROI | 6.3 % | 9.1 % | 7.6 % | 6.2 % | 8.0 % |
Economic value added (EVA) | 28 252.87 | 69 480.61 | 61 549.75 | 49 361.28 | 41 657.14 |
Solvency | |||||
Equity ratio | 38.1 % | 43.5 % | 44.6 % | 45.4 % | 51.9 % |
Gearing | 34.1 % | 28.4 % | |||
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 0.1 | 0.1 | 1.2 | 0.9 | 1.0 |
Current ratio | 0.1 | 0.1 | 1.2 | 0.8 | 1.0 |
Cash and cash equivalents | 12 410.00 | 33 920.00 | |||
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | AA | AA | AA | AAA | AAA |
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