ADMINISTRATIONSSELSKABET ABC AALBORG ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About ADMINISTRATIONSSELSKABET ABC AALBORG ApS
ADMINISTRATIONSSELSKABET ABC AALBORG ApS (CVR number: 71067610) is a company from AALBORG. The company reported a net sales of 0.3 mDKK in 2023, demonstrating a decline of -7.5 % compared to the previous year. The operating profit percentage was at 33.3 % (EBIT: 0.1 mDKK), while net earnings were 52.5 kDKK. The profitability of the company measured by Return on Assets (ROA) was 1.7 %, which can be considered weak and Return on Equity (ROE) was 1.4 %, which can be considered weak. The equity ratio, a key indicator for solidity, stood at 65.7 %, a level that can be considered to be good. This shows that a large part of the company's assets are funded by shareholders' equity, reducing financial risk. ADMINISTRATIONSSELSKABET ABC AALBORG ApS's liquidity measured by quick ratio was 1.7 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 financials2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | 538.47 | 284.22 | 263.00 | ||
Gross profit | 506.99 | 489.81 | 495.51 | 560.42 | 554.45 |
EBIT | 269.54 | 199.69 | 154.33 | 90.79 | 87.70 |
Net earnings | 166.15 | 95.93 | 98.54 | 51.98 | 52.50 |
Shareholders equity total | 3 385.67 | 3 481.61 | 3 580.14 | 3 632.13 | 3 684.62 |
Balance sheet total (assets) | 5 912.93 | 6 048.65 | 5 958.32 | 5 669.01 | 5 611.35 |
Net debt | 1 842.66 | 1 934.79 | 1 699.51 | 1 320.08 | 1 314.22 |
Profitability | |||||
EBIT-% | 28.7 % | 31.9 % | 33.3 % | ||
ROA | 4.7 % | 3.5 % | 2.7 % | 1.7 % | 1.7 % |
ROE | 5.0 % | 2.8 % | 2.8 % | 1.4 % | 1.4 % |
ROI | 4.9 % | 3.6 % | 2.8 % | 1.7 % | 1.8 % |
Economic value added (EVA) | -51.60 | - 102.70 | - 145.29 | - 188.07 | - 175.80 |
Solvency | |||||
Equity ratio | 57.4 % | 57.7 % | 60.1 % | 64.1 % | 65.7 % |
Gearing | 65.5 % | 62.0 % | 56.8 % | 46.9 % | 43.7 % |
Relative net indebtedness % | 379.8 % | 581.9 % | 619.7 % | ||
Liquidity | |||||
Quick ratio | 2.0 | 1.9 | 2.3 | 1.9 | 1.7 |
Current ratio | 1.9 | 1.8 | 2.3 | 1.9 | 1.7 |
Cash and cash equivalents | 374.81 | 224.67 | 333.32 | 382.89 | 296.88 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | 67.2 % | 75.0 % | 53.6 % | ||
Credit risk | |||||
Credit rating | A | A | A | A | A |
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