ABENA PRODUKTION A/S — Credit Rating and Financial Key Figures
Credit rating
Company information
About ABENA PRODUKTION A/S
ABENA PRODUKTION A/S (CVR number: 66015017) is a company from AABENRAA. The company reported a net sales of 1293.9 mDKK in 2023, demonstrating a decline of -3.5 % compared to the previous year. The operating profit percentage was at 3.7 % (EBIT: 48.3 mDKK), while net earnings were 53.7 mDKK. The profitability of the company measured by Return on Assets (ROA) was 7.4 %, which can be considered decent and Return on Equity (ROE) was 7 %, which can be considered decent. The equity ratio, a key indicator for solidity, stood at 80.5 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. ABENA PRODUKTION A/S's liquidity measured by quick ratio was 4.4 which is at a very high level. Thus, the company demonstrates exceptional financial stability, possessing a significant surplus of liquid assets over its short-term liabilities.
Financial information
See financialsNet sales (mDKK)
EBIT (mDKK)
Profitability
Solidity
Key figures (mDKK)
See financials2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | 1 131.00 | 1 281.00 | 1 147.00 | 1 340.23 | 1 293.85 |
Gross profit | 1 131.00 | 1 281.00 | 1 147.00 | 227.16 | 282.32 |
EBIT | 77.00 | 320.00 | 28.00 | 5.37 | 48.32 |
Net earnings | 54.00 | 244.00 | 17.00 | 8.67 | 53.66 |
Shareholders equity total | 531.00 | 764.00 | 732.00 | 737.13 | 789.10 |
Balance sheet total (assets) | 843.00 | 1 141.00 | 962.00 | 943.85 | 978.39 |
Net debt | 18.91 | 19.05 | |||
Profitability | |||||
EBIT-% | 6.8 % | 25.0 % | 2.4 % | 0.4 % | 3.7 % |
ROA | 9.5 % | 32.3 % | 2.7 % | 1.3 % | 7.4 % |
ROE | 10.7 % | 37.7 % | 2.3 % | 1.2 % | 7.0 % |
ROI | 10.2 % | 32.3 % | 2.7 % | 1.4 % | 8.8 % |
Economic value added (EVA) | 53.02 | 293.32 | -10.39 | -32.39 | 0.90 |
Solvency | |||||
Equity ratio | 100.0 % | 100.0 % | 100.0 % | 77.9 % | 80.5 % |
Gearing | 2.6 % | 2.4 % | |||
Relative net indebtedness % | 15.4 % | 14.6 % | |||
Liquidity | |||||
Quick ratio | 4.0 | 4.4 | |||
Current ratio | 4.5 | 4.9 | |||
Cash and cash equivalents | 0.00 | 0.00 | |||
Capital use efficiency | |||||
Trade debtors turnover (days) | 0.4 | 0.3 | |||
Net working capital % | 45.3 % | 50.9 % | |||
Credit risk | |||||
Credit rating | BBB | BBB | BBB | AA | AA |
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