Ærø Affald A/S

CVR number: 42437247
Industrivej 6, 5960 Marstal

Credit rating

Company information

Official name
Ærø Affald A/S
Established
2021
Company form
Limited company
Industry
  • Expand more icon38Waste collection, treatment and disposal activities; materials recovery

About Ærø Affald A/S

Ærø Affald A/S (CVR number: 42437247) is a company from ÆRØ. The company reported a net sales of 24.4 mDKK in 2023, demonstrating a growth of 26.8 % compared to the previous year. The operating profit percentage was at 1 % (EBIT: 0.2 mDKK), while net earnings were 0 kDKK. The profitability of the company measured by Return on Assets (ROA) was 1.1 %, which can be considered weak and Return on Equity (ROE) was 0 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 17.7 %, 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. Ærø Affald A/S's liquidity measured by quick ratio was 2.2 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 financials

Net sales (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
202120222023
Volume
Net sales18 865.0019 281.0024 442.00
Gross profit2 152.002 582.003 352.00
EBIT15.00-35.00245.00
Net earnings
Shareholders equity total2 353.002 353.002 353.00
Balance sheet total (assets)18 773.0030 141.0027 122.00
Net debt-2 005.0011 745.0013 568.00
Profitability
EBIT-%0.1 %-0.2 %1.0 %
ROA0.1 %0.2 %1.1 %
ROE
ROI0.4 %0.3 %1.0 %
Economic value added (EVA)15.00-42.34- 355.89
Solvency
Equity ratio12.5 %16.6 %17.7 %
Gearing548.5 %590.3 %
Relative net indebtedness %66.9 %45.8 %36.1 %
Liquidity
Quick ratio0.28.52.2
Current ratio0.38.92.6
Cash and cash equivalents2 005.001 162.00321.00
Capital use efficiency
Trade debtors turnover (days)10.615.08.6
Net working capital %-56.6 %26.5 %5.6 %
Credit risk
Credit ratingBBBBBBBBB

Variable visualization

ROA:1.09%
Rating: 25/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:17.7%
Rating: 17/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chairman of the board
Board member
Chief executive officer
Board member
Board member

Companies in the same industry

Build time: 2024-10-21T13:51:17.439Z

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