Den erhvervsdrivende fond Arena Aabenraa — Credit Rating and Financial Key Figures
Credit rating
Company information
About Den erhvervsdrivende fond Arena Aabenraa
Den erhvervsdrivende fond Arena Aabenraa (CVR number: 38322435) is a company from AABENRAA. The company reported a net sales of 20.7 mDKK in 2023, demonstrating a growth of 13 % compared to the previous year. The operating profit percentage was at 12.6 % (EBIT: 2.6 mDKK), while net earnings were 2665.8 kDKK. The profitability of the company measured by Return on Assets (ROA) was 44.2 %, which can be considered excellent and Return on Equity (ROE) was 91.2 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 50.3 %, 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. Den erhvervsdrivende fond Arena Aabenraa's liquidity measured by quick ratio was 1.1 which is at a modest level. Thus, the company's liquid assets are in relative balance with its short-term liabilities, indicating a moderate liquidity position. While it's likely to meet its current obligations, financial flexibility may be constrained, and unexpected costs could pose challenges.
Financial information
See financialsNet sales (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | 14 590.58 | 11 844.11 | 14 178.06 | 18 321.49 | 20 703.43 |
Gross profit | 7 254.89 | 5 984.29 | 7 978.05 | 9 216.38 | 11 826.52 |
EBIT | 1 473.81 | 1 257.69 | 1 592.37 | 1 285.56 | 2 608.42 |
Net earnings | 1 446.43 | 1 223.26 | 1 565.02 | 1 258.08 | 2 665.84 |
Shareholders equity total | 2 391.59 | 2 966.94 | 2 580.46 | 2 327.09 | 3 517.18 |
Balance sheet total (assets) | 4 202.63 | 5 578.64 | 5 414.69 | 5 063.91 | 6 996.85 |
Net debt | -2 634.37 | -3 585.15 | -1 623.34 | -1 252.93 | -2 800.02 |
Profitability | |||||
EBIT-% | 10.1 % | 10.6 % | 11.2 % | 7.0 % | 12.6 % |
ROA | 37.7 % | 25.7 % | 29.0 % | 24.5 % | 44.2 % |
ROE | 64.3 % | 45.7 % | 56.4 % | 51.3 % | 91.2 % |
ROI | 63.6 % | 43.4 % | 54.5 % | 52.4 % | 91.2 % |
Economic value added (EVA) | 1 465.76 | 1 269.89 | 1 623.44 | 1 237.46 | 2 554.44 |
Solvency | |||||
Equity ratio | 56.9 % | 53.2 % | 47.7 % | 46.0 % | 50.3 % |
Gearing | |||||
Relative net indebtedness % | -5.6 % | -8.2 % | 8.5 % | 8.1 % | 3.3 % |
Liquidity | |||||
Quick ratio | 2.0 | 1.8 | 0.9 | 0.9 | 1.1 |
Current ratio | 2.1 | 1.9 | 0.9 | 0.9 | 1.1 |
Cash and cash equivalents | 2 634.37 | 3 585.15 | 1 623.34 | 1 252.93 | 2 800.02 |
Capital use efficiency | |||||
Trade debtors turnover (days) | 7.7 | 8.4 | 10.9 | 8.1 | 5.5 |
Net working capital % | 12.2 % | 16.7 % | -1.1 % | -1.0 % | 1.6 % |
Credit risk | |||||
Credit rating | BBB | A | A | BBB | A |
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