AARHUS FESTUGE FOND — Credit Rating and Financial Key Figures

CVR number: 28528310
Vester Allé 3, 8000 Aarhus C
gb@aarhusfestuge.dk
tel: 26718971
www.aarhusfestuge.dk

Credit rating

Company information

Official name
AARHUS FESTUGE FOND
Personnel
15 persons
Established
1977
Industry

About AARHUS FESTUGE FOND

AARHUS FESTUGE FOND (CVR number: 28528310) is a company from AARHUS. The company reported a net sales of 21 mDKK in 2024, demonstrating a growth of 7.7 % compared to the previous year. The operating profit percentage was poor at -0.7 % (EBIT: -0.1 mDKK), while net earnings were -58.1 kDKK. The profitability of the company measured by Return on Assets (ROA) was -0.4 %, which can be considered poor and Return on Equity (ROE) was -1.3 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 59.7 %, 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. AARHUS FESTUGE FOND's liquidity measured by quick ratio was 2.3 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 financials

Net sales (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2020
2021
2022
2023
2024
Volume
Net sales11 082.1318 601.0322 433.9519 539.5321 048.69
Gross profit5 996.947 052.328 690.075 946.367 045.20
EBIT394.591 034.612 303.98- 530.37- 142.52
Net earnings377.941 028.392 235.83- 424.25-58.09
Shareholders equity total1 627.362 655.754 891.594 467.344 409.24
Balance sheet total (assets)3 605.505 210.165 994.748 116.117 383.19
Net debt- 618.74-3 514.76-2 214.48-7 461.53-5 359.52
Profitability
EBIT-%3.6 %5.6 %10.3 %-2.7 %-0.7 %
ROA9.3 %23.5 %41.1 %-5.9 %-0.4 %
ROE26.3 %48.0 %59.2 %-9.1 %-1.3 %
ROI24.4 %44.4 %60.3 %-8.8 %-0.8 %
Economic value added (EVA)330.65952.832 170.53- 776.18- 367.01
Solvency
Equity ratio45.1 %51.0 %81.6 %55.0 %59.7 %
Gearing
Relative net indebtedness %12.3 %-5.2 %-5.0 %-19.5 %-11.3 %
Liquidity
Quick ratio2.02.05.62.32.3
Current ratio2.02.05.62.32.3
Cash and cash equivalents618.743 514.762 214.487 461.535 359.52
Capital use efficiency
Trade debtors turnover (days)82.414.441.910.016.4
Net working capital %14.8 %13.8 %21.9 %23.1 %17.6 %
Credit risk
Credit ratingBBBBBBBBBBBBBBB

Variable visualization

ROA:-0.44%
Rating: 20/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:59.7%
Rating: 46/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer
Board member
Board member
Board member
Chairman of the board
Board member

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