Selskabet af 10. september 2023 Aars ApS — Credit Rating and Financial Key Figures

CVR number: 26991978
Industrivej 93, 9600 Aars
tel: 98621234

Credit rating

Company information

Official name
Selskabet af 10. september 2023 Aars ApS
Personnel
2 persons
Established
2004
Company form
Private limited company
Industry
  • Expand more icon18Printing and reproduction of recorded media

About Selskabet af 10. september 2023 Aars ApS

Selskabet af 10. september 2023 Aars ApS (CVR number: 26991978) is a company from VESTHIMMERLANDS. The company recorded a gross profit of 561.3 kDKK in 2023. The operating profit was -535.4 kDKK, while net earnings were -498.5 kDKK. The profitability of the company measured by Return on Assets (ROA) was -27.7 %, which can be considered poor and Return on Equity (ROE) was -322.9 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 25.8 %, 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. Selskabet af 10. september 2023 Aars ApS's liquidity measured by quick ratio was 1.3 which is at a high level. Thus, the company is in a strong financial position, with liquid assets surpassing current liabilities. It is well-prepared to cover short-term financial obligations.

Financial information

See financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2019
2020
2021
2022
2023
Volume
Net sales
Gross profit1 294.201 478.681 304.791 146.99561.35
EBIT- 160.6267.8457.58- 306.77- 535.45
Net earnings- 220.66-44.68-42.40- 328.07- 498.54
Shareholders equity total121.0976.4134.02105.95202.87
Balance sheet total (assets)3 323.043 006.663 147.892 816.06785.96
Net debt1 493.321 166.401 598.581 666.15353.68
Profitability
EBIT-%
ROA-4.0 %2.6 %2.4 %-9.7 %-27.7 %
ROE-95.3 %-45.2 %-76.8 %-468.8 %-322.9 %
ROI-4.7 %3.3 %3.2 %-12.8 %-36.3 %
Economic value added (EVA)- 142.5947.7042.90- 241.12- 424.50
Solvency
Equity ratio3.6 %2.5 %1.1 %3.8 %25.8 %
Gearing1233.2 %1526.4 %4699.4 %1572.6 %174.3 %
Relative net indebtedness %
Liquidity
Quick ratio0.60.50.50.51.3
Current ratio0.80.70.70.71.3
Cash and cash equivalents
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBBBBBBB

Variable visualization

ROA:-27.7%
Rating: 0/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:25.8%
Rating: 23/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

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