Algeco Denmark A/S — Credit Rating and Financial Key Figures

CVR number: 40881239
Kærup Parkvej 10, Benløse 4100 Ringsted
info.dk@algeco.com
tel: 70113434
www.algeco.dk

Credit rating

Company information

Official name
Algeco Denmark A/S
Personnel
32 persons
Established
2019
Domicile
Benløse
Company form
Limited company
Industry

About Algeco Denmark A/S

Algeco Denmark A/S (CVR number: 40881239) is a company from RINGSTED. The company recorded a gross profit of 88.1 mDKK in 2024. The operating profit was -26 mDKK, while net earnings were -36.8 mDKK. The profitability of the company measured by Return on Assets (ROA) was -8.8 %, which can be considered poor and Return on Equity (ROE) was -38.8 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 28.1 %, 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. Algeco Denmark A/S's liquidity measured by quick ratio was 0.1 which is at a very low level. Thus, the company is in an unstable financial position, with its liquid assets significantly undermatching its current liabilities. This severe liquidity deficiency may lead to financial distress and threaten the company's operational continuity.

Financial information

See financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2020
2021
2022
2023
2024
Volume
Net sales
Gross profit53 750.0052 834.0063 095.0067 510.0088 094.00
EBIT-17 792.00-25 843.00-22 058.00-35 781.00-26 032.00
Net earnings-23 415.00-34 467.00-30 333.00-45 418.00-36 810.00
Shareholders equity total32 491.0011 567.0081 234.00113 189.0076 379.00
Balance sheet total (assets)338 200.00312 204.00312 105.00313 286.00271 424.00
Net debt267 738.00272 277.00182 722.00159 105.00150 018.00
Profitability
EBIT-%
ROA-5.2 %-7.9 %-7.0 %-11.4 %-8.8 %
ROE-72.1 %-156.5 %-65.4 %-46.7 %-38.8 %
ROI-5.4 %-8.3 %-7.5 %-12.7 %-10.1 %
Economic value added (EVA)-15 771.33-41 405.64-36 919.40-50 064.09-39 961.20
Solvency
Equity ratio9.6 %3.7 %26.0 %36.1 %28.1 %
Gearing909.0 %2455.7 %249.9 %144.9 %204.7 %
Relative net indebtedness %
Liquidity
Quick ratio0.10.10.20.20.1
Current ratio0.10.10.20.20.2
Cash and cash equivalents27 599.0011 775.0020 269.004 905.006 339.00
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBBBBBBBB

Variable visualization

ROA:-8.85%
Rating: 11/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:28.1%
Rating: 25/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Board member

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