ALUMECO ApS — Credit Rating and Financial Key Figures

ALUMECO ApS (CVR number: 19851974K) is a company from ODENSE. The company reported a net sales of 3282.7 mDKK in 2016, demonstrating a growth of 12.6 % compared to the previous year. The operating profit percentage was at 4 % (EBIT: 132.2 mDKK), while net earnings were 92.4 mDKK. The profitability of the company measured by Return on Assets (ROA) was 10.4 %, which can be considered good but Return on Equity (ROE) was 25 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 29.3 %, 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. ALUMECO 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.