Ærø Forsyning A/S — Credit Rating and Financial Key Figures
Credit rating
Company information
About Ærø Forsyning A/S
Ærø Forsyning A/S (CVR number: 42477893) is a company from ÆRØ. The company reported a net sales of 7.6 mDKK in 2024, demonstrating a growth of 12.6 % compared to the previous year. The operating profit percentage was at 2.4 % (EBIT: 0.2 mDKK), while net earnings were 2333 kDKK. The profitability of the company measured by Return on Assets (ROA) was 0.9 %, which can be considered weak and Return on Equity (ROE) was 0.9 %, which can be considered weak. The equity ratio, a key indicator for solidity, stood at 99.4 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. Ærø Forsyning A/S's liquidity measured by quick ratio was 1.1 which is at a high level. Thus, the company is in a strong financial position, with liquid assets surpassing current liabilities. It is well-prepared to cover short-term financial obligations.
Financial information
See financialsNet sales (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2021 | 2022 | 2023 | 2024 | |
---|---|---|---|---|
Volume | ||||
Net sales | 3 620.00 | 6 538.00 | 6 768.00 | 7 621.00 |
Gross profit | 3 620.00 | 6 538.00 | 6 768.00 | 7 621.00 |
EBIT | 50.00 | 26.00 | 182.00 | |
Net earnings | 3 590.00 | 3 631.00 | 2 917.00 | 2 333.00 |
Shareholders equity total | 248 876.00 | 252 506.00 | 256 489.00 | 258 822.00 |
Balance sheet total (assets) | 250 423.00 | 254 524.00 | 261 289.00 | 260 432.00 |
Net debt | - 530.00 | - 204.00 | 3 156.00 | 166.00 |
Profitability | ||||
EBIT-% | 0.8 % | 0.4 % | 2.4 % | |
ROA | 1.4 % | 1.5 % | 1.1 % | 0.9 % |
ROE | 1.4 % | 1.4 % | 1.1 % | 0.9 % |
ROI | 1.4 % | 1.5 % | 1.1 % | 0.9 % |
Economic value added (EVA) | -12 516.49 | -12 742.90 | -12 935.45 | |
Solvency | ||||
Equity ratio | 99.4 % | 99.2 % | 98.2 % | 99.4 % |
Gearing | 0.4 % | 0.6 % | 1.5 % | 0.3 % |
Relative net indebtedness % | 0.8 % | 5.0 % | 62.0 % | 13.8 % |
Liquidity | ||||
Quick ratio | 1.0 | 1.0 | 1.0 | 1.1 |
Current ratio | 1.0 | 1.0 | 1.0 | 1.1 |
Cash and cash equivalents | 1 517.00 | 1 689.00 | 602.00 | 561.00 |
Capital use efficiency | ||||
Trade debtors turnover (days) | 18.0 | |||
Net working capital % | -0.3 % | 0.1 % | 0.6 % | 3.1 % |
Credit risk | ||||
Credit rating | AA | AA | AAA | AA |
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