Andelshandel A/S — Credit Rating and Financial Key Figures

CVR number: 35244662
Vesterbrogade 12, 1620 København V
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Credit rating

Company information

Official name
Andelshandel A/S
Personnel
1 person
Established
2013
Company form
Limited company
Industry

About Andelshandel A/S

Andelshandel A/S (CVR number: 35244662) is a company from KØBENHAVN. The company recorded a gross profit of 688.2 kDKK in 2023. The operating profit was -130.4 kDKK, while net earnings were -128.9 kDKK. The profitability of the company measured by Return on Assets (ROA) was -10.1 %, which can be considered poor and Return on Equity (ROE) was -18.1 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 48.8 %, 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. Andelshandel A/S's liquidity measured by quick ratio was 2.1 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 financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2019
2020
2021
2022
2023
Volume
Net sales
Gross profit454.06428.48503.33508.26688.16
EBIT- 114.94- 206.41-63.51- 122.88- 130.35
Net earnings- 227.05- 208.57-65.16- 123.83- 128.93
Shareholders equity total493.68285.11219.95776.12647.19
Balance sheet total (assets)1 299.851 197.491 225.571 227.141 325.46
Net debt- 345.82- 234.08- 370.439.400.47
Profitability
EBIT-%
ROA-7.6 %-16.5 %-5.2 %-10.0 %-10.1 %
ROE-37.4 %-53.6 %-25.8 %-24.9 %-18.1 %
ROI-10.5 %-32.3 %-24.4 %-21.4 %-14.8 %
Economic value added (EVA)-77.84- 197.46-54.66- 102.07- 148.68
Solvency
Equity ratio38.0 %23.8 %17.9 %63.2 %48.8 %
Gearing19.8 %25.5 %
Relative net indebtedness %
Liquidity
Quick ratio2.71.01.03.02.1
Current ratio2.71.01.03.02.1
Cash and cash equivalents345.82234.08370.43144.60164.53
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBBBBBB

Variable visualization

ROA:-10.1%
Rating: 10/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:48.8%
Rating: 39/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Board member
Chairman of the board

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