Azets Denmark Holding ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About Azets Denmark Holding ApS
Azets Denmark Holding ApS (CVR number: 34903484) is a company from HERLEV. The company recorded a gross profit of -1485.8 kDKK in 2023. The operating profit was -1485.8 kDKK, while net earnings were 14.8 mDKK. The profitability of the company measured by Return on Assets (ROA) was 6.5 %, which can be considered decent and Return on Equity (ROE) was 5.6 %, which can be considered decent. The equity ratio, a key indicator for solidity, stood at 38.4 %, 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. Azets Denmark Holding ApS's liquidity measured by quick ratio was 3.5 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 financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | |||||
Gross profit | - 820.38 | - 175.61 | -1 473.05 | -1 051.98 | -1 485.79 |
EBIT | - 820.38 | - 175.61 | -1 473.05 | -1 051.98 | -1 485.79 |
Net earnings | 32 553.10 | 25 021.51 | 21 706.69 | 29 928.70 | 14 773.32 |
Shareholders equity total | 180 464.53 | 205 486.03 | 227 192.72 | 257 121.42 | 271 894.74 |
Balance sheet total (assets) | 601 670.08 | 631 448.53 | 659 658.87 | 677 999.20 | 708 392.78 |
Net debt | 158 108.70 | 165 483.93 | 167 922.14 | 415 105.09 | 432 641.48 |
Profitability | |||||
EBIT-% | |||||
ROA | 10.3 % | 7.8 % | 5.8 % | 8.2 % | 6.5 % |
ROE | 19.8 % | 13.0 % | 10.0 % | 12.4 % | 5.6 % |
ROI | 10.3 % | 7.9 % | 5.8 % | 8.2 % | 6.5 % |
Economic value added (EVA) | 25 510.37 | 25 353.98 | 22 967.56 | 23 100.73 | 21 015.90 |
Solvency | |||||
Equity ratio | 30.0 % | 32.5 % | 34.4 % | 37.9 % | 38.4 % |
Gearing | 87.6 % | 80.5 % | 73.9 % | 161.4 % | 159.1 % |
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 1.6 | 8.8 | 6.1 | 4.5 | 3.5 |
Current ratio | 1.6 | 8.8 | 6.1 | 4.5 | 3.5 |
Cash and cash equivalents | |||||
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | A | A | A | A | A |
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