AASIAAT OLIE ApS — Credit Rating and Financial Key Figures

CVR number: 12189923
3950 Aasiaat
ao@aoaps.gl
tel: 891138
www.aoaps.gl

Company information

Official name
AASIAAT OLIE ApS
Established
2004
Company form
Private limited company
Industry

About AASIAAT OLIE ApS

AASIAAT OLIE ApS (CVR number: 12189923) is a company from QEQERTALIK. The company recorded a gross profit of 8223.5 kDKK in 2024. The operating profit was 1341.7 kDKK, while net earnings were 600.2 kDKK. The profitability of the company measured by Return on Assets (ROA) was 11 %, which can be considered good and Return on Equity (ROE) was 14.2 %, which can be considered good. The equity ratio, a key indicator for solidity, stood at 36.3 %, 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. AASIAAT OLIE ApS's liquidity measured by quick ratio was 0.4 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 profit6 948.206 741.357 794.927 513.478 223.53
EBIT- 142.06- 211.63792.241 024.671 341.67
Net earnings- 356.98- 537.28233.94336.57600.20
Shareholders equity total3 888.553 351.273 585.213 921.774 521.97
Balance sheet total (assets)10 938.5712 105.9912 964.6211 753.8612 773.25
Net debt4 280.104 978.504 845.704 522.193 918.91
Profitability
EBIT-%
ROA-0.6 %-1.3 %6.4 %8.8 %11.0 %
ROE-8.7 %-14.8 %6.7 %9.0 %14.2 %
ROI-0.8 %-1.7 %9.1 %12.0 %14.5 %
Economic value added (EVA)- 381.29- 429.33303.66472.02771.93
Solvency
Equity ratio36.6 %28.9 %29.1 %34.8 %36.3 %
Gearing112.1 %154.1 %139.6 %127.2 %96.2 %
Relative net indebtedness %
Liquidity
Quick ratio0.40.30.30.50.4
Current ratio1.00.80.80.91.1
Cash and cash equivalents79.86185.00159.41466.02433.41
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBBAA

Variable visualization

ROA:11.0%
Rating: 60/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:36.3%
Rating: 31/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

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