AARHUS FESTUGE FOND — Credit Rating and Financial Key Figures
Credit rating
Company information
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 financialsNet sales (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2020 | 2021 | 2022 | 2023 | 2024 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | 11 082.13 | 18 601.03 | 22 433.95 | 19 539.53 | 21 048.69 |
Gross profit | 5 996.94 | 7 052.32 | 8 690.07 | 5 946.36 | 7 045.20 |
EBIT | 394.59 | 1 034.61 | 2 303.98 | - 530.37 | - 142.52 |
Net earnings | 377.94 | 1 028.39 | 2 235.83 | - 424.25 | -58.09 |
Shareholders equity total | 1 627.36 | 2 655.75 | 4 891.59 | 4 467.34 | 4 409.24 |
Balance sheet total (assets) | 3 605.50 | 5 210.16 | 5 994.74 | 8 116.11 | 7 383.19 |
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 % |
ROA | 9.3 % | 23.5 % | 41.1 % | -5.9 % | -0.4 % |
ROE | 26.3 % | 48.0 % | 59.2 % | -9.1 % | -1.3 % |
ROI | 24.4 % | 44.4 % | 60.3 % | -8.8 % | -0.8 % |
Economic value added (EVA) | 330.65 | 952.83 | 2 170.53 | - 776.18 | - 367.01 |
Solvency | |||||
Equity ratio | 45.1 % | 51.0 % | 81.6 % | 55.0 % | 59.7 % |
Gearing | |||||
Relative net indebtedness % | 12.3 % | -5.2 % | -5.0 % | -19.5 % | -11.3 % |
Liquidity | |||||
Quick ratio | 2.0 | 2.0 | 5.6 | 2.3 | 2.3 |
Current ratio | 2.0 | 2.0 | 5.6 | 2.3 | 2.3 |
Cash and cash equivalents | 618.74 | 3 514.76 | 2 214.48 | 7 461.53 | 5 359.52 |
Capital use efficiency | |||||
Trade debtors turnover (days) | 82.4 | 14.4 | 41.9 | 10.0 | 16.4 |
Net working capital % | 14.8 % | 13.8 % | 21.9 % | 23.1 % | 17.6 % |
Credit risk | |||||
Credit rating | BBB | BBB | BBB | BBB | BBB |
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