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AKOLA ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About AKOLA ApS
AKOLA ApS (CVR number: 25174879K) is a company from AALBORG. The company reported a net sales of 6393.4 mDKK in 2018, demonstrating a growth of 18 % compared to the previous year. The operating profit percentage was at 1.9 % (EBIT: 122.1 mDKK), while net earnings were 93.5 mDKK. The profitability of the company measured by Return on Assets (ROA) was 3.9 %, which can be considered weak but Return on Equity (ROE) was 8.2 %, which can be considered good. The equity ratio, a key indicator for solidity, stood at 43.3 %, a level that can be considered to be modest. This means a balanced mix of debt and equity financing its assets—a typical operational level for many companies. AKOLA ApS's liquidity measured by quick ratio was 0.8 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 financialsNet sales (mDKK)
EBIT (mDKK)
Profitability
Solidity
Key figures (mDKK)
See financials2014 | 2015 | 2016 | 2017 | 2018 | |
|---|---|---|---|---|---|
| Volume | |||||
| Net sales | 4 918.25 | 5 062.79 | 5 374.99 | 5 416.19 | 6 393.36 |
| Gross profit | 508.34 | 475.94 | 558.15 | 583.30 | 0.59 |
| EBIT | 173.92 | 76.92 | 109.70 | 122.40 | 122.05 |
| Net earnings | 146.62 | 50.35 | 77.38 | 112.76 | 93.54 |
| Shareholders equity total | 860.79 | 1 417.73 | 1 459.52 | 1 329.51 | 1 402.41 |
| Balance sheet total (assets) | 2 700.78 | 2 715.97 | 2 897.93 | 3 226.77 | 3 236.53 |
| Net debt | 533.90 | 678.37 | 784.72 | 1 253.13 | 1 175.46 |
| Profitability | |||||
| EBIT-% | 3.5 % | 1.5 % | 2.0 % | 2.3 % | 1.9 % |
| ROA | 6.9 % | 3.0 % | 4.1 % | 4.1 % | 3.9 % |
| ROE | 59.4 % | 8.4 % | 8.1 % | 12.0 % | 8.2 % |
| ROI | 8.4 % | 3.6 % | 5.0 % | 4.9 % | 4.7 % |
| Economic value added (EVA) | 83.34 | -17.44 | -18.25 | 17.89 | -10.48 |
| Solvency | |||||
| Equity ratio | 41.0 % | 52.0 % | 50.4 % | 41.2 % | 43.3 % |
| Gearing | 81.4 % | 52.4 % | 58.7 % | 100.4 % | 92.1 % |
| Relative net indebtedness % | 21.6 % | 24.3 % | 25.2 % | 33.5 % | 26.9 % |
| Liquidity | |||||
| Quick ratio | 1.1 | 0.8 | 0.8 | 0.8 | 0.8 |
| Current ratio | 1.8 | 1.6 | 1.5 | 1.5 | 1.4 |
| Cash and cash equivalents | 167.02 | 65.13 | 71.85 | 81.77 | 116.72 |
| Capital use efficiency | |||||
| Trade debtors turnover (days) | 54.2 | 50.1 | 51.7 | 59.0 | 51.1 |
| Net working capital % | 15.2 % | 12.3 % | 11.7 % | 13.2 % | 10.0 % |
| Credit risk | |||||
| Credit rating | A | A | A | A | A |
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