Selskabet af 10. september 2023 Aars ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
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 financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | |||||
Gross profit | 1 294.20 | 1 478.68 | 1 304.79 | 1 146.99 | 561.35 |
EBIT | - 160.62 | 67.84 | 57.58 | - 306.77 | - 535.45 |
Net earnings | - 220.66 | -44.68 | -42.40 | - 328.07 | - 498.54 |
Shareholders equity total | 121.09 | 76.41 | 34.02 | 105.95 | 202.87 |
Balance sheet total (assets) | 3 323.04 | 3 006.66 | 3 147.89 | 2 816.06 | 785.96 |
Net debt | 1 493.32 | 1 166.40 | 1 598.58 | 1 666.15 | 353.68 |
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) | - 142.59 | 47.70 | 42.90 | - 241.12 | - 424.50 |
Solvency | |||||
Equity ratio | 3.6 % | 2.5 % | 1.1 % | 3.8 % | 25.8 % |
Gearing | 1233.2 % | 1526.4 % | 4699.4 % | 1572.6 % | 174.3 % |
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 0.6 | 0.5 | 0.5 | 0.5 | 1.3 |
Current ratio | 0.8 | 0.7 | 0.7 | 0.7 | 1.3 |
Cash and cash equivalents | |||||
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | BBB | BBB | BBB | BBB | BB |
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