Den erhvervsdrivende fond Arena Aabenraa — Credit Rating and Financial Key Figures

CVR number: 38322435
Hjelmalle 3, 6200 Aabenraa
rasmus@arenaaabenraa.dk

Credit rating

Company information

Official name
Den erhvervsdrivende fond Arena Aabenraa
Personnel
69 persons
Established
2016
Industry
  • Expand more icon93Sports activities and amusement and recreation activities

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 financials

Net sales (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2019
2020
2021
2022
2023
Volume
Net sales14 590.5811 844.1114 178.0618 321.4920 703.43
Gross profit7 254.895 984.297 978.059 216.3811 826.52
EBIT1 473.811 257.691 592.371 285.562 608.42
Net earnings1 446.431 223.261 565.021 258.082 665.84
Shareholders equity total2 391.592 966.942 580.462 327.093 517.18
Balance sheet total (assets)4 202.635 578.645 414.695 063.916 996.85
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 %
ROA37.7 %25.7 %29.0 %24.5 %44.2 %
ROE64.3 %45.7 %56.4 %51.3 %91.2 %
ROI63.6 %43.4 %54.5 %52.4 %91.2 %
Economic value added (EVA)1 465.761 269.891 623.441 237.462 554.44
Solvency
Equity ratio56.9 %53.2 %47.7 %46.0 %50.3 %
Gearing
Relative net indebtedness %-5.6 %-8.2 %8.5 %8.1 %3.3 %
Liquidity
Quick ratio2.01.80.90.91.1
Current ratio2.11.90.90.91.1
Cash and cash equivalents2 634.373 585.151 623.341 252.932 800.02
Capital use efficiency
Trade debtors turnover (days)7.78.410.98.15.5
Net working capital %12.2 %16.7 %-1.1 %-1.0 %1.6 %
Credit risk
Credit ratingBBBAABBBA

Variable visualization

ROA:44.2%
Rating: 91/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:50.3%
Rating: 40/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Board member
Chairman of the board
Chief executive officer
Board member

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