Alge-Bekæmpelse ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About Alge-Bekæmpelse ApS
Alge-Bekæmpelse ApS (CVR number: 38617524) is a company from HEDENSTED. The company recorded a gross profit of 228.8 kDKK in 2023. The operating profit was 69 kDKK, while net earnings were -46.7 kDKK. The profitability of the company measured by Return on Assets (ROA) was 17.1 %, which can be considered excellent but Return on Equity (ROE) was -17.4 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at -34 %. This indicates that the company's debt surpasses the value of its total assets, posing significant financial risk. Alge-Bekæmpelse ApS's liquidity measured by quick ratio was 0.5 which is at a low level. Thus, the company may face difficulties in addressing its short-term obligations with its available liquid assets.
Financial information
See financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | |||||
Gross profit | 31.48 | - 123.67 | - 276.81 | 364.84 | 228.79 |
EBIT | -2.58 | - 158.67 | - 321.39 | 316.57 | 69.03 |
Net earnings | -3.23 | - 153.26 | - 321.90 | 203.96 | -46.69 |
Shareholders equity total | 159.23 | 5.97 | - 315.93 | - 111.97 | - 158.66 |
Balance sheet total (assets) | 375.24 | 332.94 | 338.56 | 230.35 | 307.51 |
Net debt | 125.09 | 114.61 | 156.33 | 69.25 | 195.11 |
Profitability | |||||
EBIT-% | |||||
ROA | -0.6 % | -44.8 % | -65.1 % | 63.5 % | 17.1 % |
ROE | -2.0 % | -185.5 % | -186.9 % | 71.7 % | -17.4 % |
ROI | -0.7 % | -62.5 % | -178.9 % | 161.5 % | 32.1 % |
Economic value added (EVA) | -10.08 | - 158.07 | - 319.78 | 334.67 | 80.79 |
Solvency | |||||
Equity ratio | 42.4 % | 1.8 % | -48.3 % | -32.7 % | -34.0 % |
Gearing | 115.9 % | 2557.8 % | -63.5 % | -170.9 % | -150.9 % |
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 1.2 | 0.6 | 0.3 | 0.4 | 0.5 |
Current ratio | 1.3 | 0.8 | 0.4 | 0.6 | 0.6 |
Cash and cash equivalents | 59.45 | 38.09 | 44.30 | 122.07 | 44.36 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | BBB | BB | B | BB | BB |
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