AARS RESERVEDELS- OG SERVICECENTER ApS — Credit Rating and Financial Key Figures

CVR number: 10313171
Markvænget 6, 9600 Aars
tel: 98622967

Credit rating

Company information

Official name
AARS RESERVEDELS- OG SERVICECENTER ApS
Personnel
8 persons
Established
1986
Company form
Private limited company
Industry

About AARS RESERVEDELS- OG SERVICECENTER ApS

AARS RESERVEDELS- OG SERVICECENTER ApS (CVR number: 10313171) is a company from VESTHIMMERLANDS. The company recorded a gross profit of 3297.6 kDKK in 2023. The operating profit was 261.3 kDKK, while net earnings were 183.8 kDKK. The profitability of the company measured by Return on Assets (ROA) was 6 %, which can be considered decent but Return on Equity (ROE) was 19.1 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 19.4 %, a level that can be considered to be very low. This means the company is highly leveraged, with most assets financed through debt. This high level of financial risk could pose challenges in periods of financial distress or rising interest rates. AARS RESERVEDELS- OG SERVICECENTER ApS's liquidity measured by quick ratio was 0.6 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 financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2019
2020
2021
2022
2023
Volume
Net sales
Gross profit3 591.913 812.203 651.813 378.223 297.56
EBIT551.71885.30867.77390.36261.27
Net earnings398.79645.15662.65242.19183.82
Shareholders equity total929.831 184.981 247.63989.82938.04
Balance sheet total (assets)4 526.574 742.254 485.894 616.044 843.72
Net debt1 180.09528.13367.841 194.44972.97
Profitability
EBIT-%
ROA13.5 %19.4 %19.5 %9.4 %6.0 %
ROE47.6 %61.0 %54.5 %21.6 %19.1 %
ROI23.5 %40.1 %47.2 %20.6 %12.9 %
Economic value added (EVA)312.20563.28589.70190.74100.57
Solvency
Equity ratio20.5 %25.0 %27.8 %21.4 %19.4 %
Gearing132.5 %49.9 %35.2 %122.2 %107.1 %
Relative net indebtedness %
Liquidity
Quick ratio0.50.50.60.60.6
Current ratio1.01.11.11.11.1
Cash and cash equivalents51.7863.2471.0614.8531.97
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBBBBBBBB

Variable visualization

ROA:6.01%
Rating: 46/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:19.4%
Rating: 19/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer

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