ARS HOLDING, KOLDING A/S — Credit Rating and Financial Key Figures
Credit rating
Company information
About ARS HOLDING, KOLDING A/S
ARS HOLDING, KOLDING A/S (CVR number: 31937590) is a company from KOLDING. The company recorded a gross profit of -652.9 kDKK in 2024. The operating profit was -705 kDKK, while net earnings were 2985.5 kDKK. The profitability of the company measured by Return on Assets (ROA) was 4.5 %, which can be considered decent and Return on Equity (ROE) was 6.2 %, which can be considered decent. The equity ratio, a key indicator for solidity, stood at 36.4 %, 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. ARS HOLDING, KOLDING A/S's liquidity measured by quick ratio was 2.2 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 financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2020 | 2021 | 2022 | 2023 | 2024 | |
|---|---|---|---|---|---|
| Volume | |||||
| Net sales | |||||
| Gross profit | 68.87 | 73.79 | -52.01 | - 183.14 | - 652.88 |
| EBIT | 48.93 | 53.84 | -82.17 | - 233.73 | - 704.97 |
| Net earnings | 15 891.28 | 10 221.62 | 394.67 | 3 347.81 | 2 985.49 |
| Shareholders equity total | 45 180.68 | 52 322.30 | 47 616.97 | 49 689.78 | 45 966.17 |
| Balance sheet total (assets) | 92 971.82 | 101 020.24 | 120 942.40 | 126 402.11 | 126 137.89 |
| Net debt | 45 999.78 | 46 639.11 | 55 127.05 | -13 626.02 | -4 827.37 |
| Profitability | |||||
| EBIT-% | |||||
| ROA | 25.6 % | -10.4 % | 1.7 % | 4.5 % | 4.5 % |
| ROE | 44.8 % | 21.0 % | 0.8 % | 6.9 % | 6.2 % |
| ROI | 26.3 % | 11.8 % | 1.8 % | 6.6 % | 11.7 % |
| Economic value added (EVA) | -1 586.44 | -4 527.97 | -5 054.98 | -6 175.99 | -3 042.63 |
| Solvency | |||||
| Equity ratio | 48.6 % | 51.8 % | 39.4 % | 39.3 % | 36.4 % |
| Gearing | 101.8 % | 89.1 % | 149.7 % | ||
| Relative net indebtedness % | |||||
| Liquidity | |||||
| Quick ratio | 8.0 | 0.2 | 2.2 | ||
| Current ratio | 8.0 | 0.2 | 2.2 | ||
| Cash and cash equivalents | 16 152.63 | 13 626.02 | 4 827.37 | ||
| Capital use efficiency | |||||
| Trade debtors turnover (days) | |||||
| Net working capital % | |||||
| Credit risk | |||||
| Credit rating | A | BBB | BBB | BBB | BBB |
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