Albassel ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About Albassel ApS
Albassel ApS (CVR number: 40827781) is a company from AALBORG. The company recorded a gross profit of 517.9 kDKK in 2023. The operating profit was -95.1 kDKK, while net earnings were -89.2 kDKK. The profitability of the company measured by Return on Assets (ROA) was -59.6 %, which can be considered poor and Return on Equity (ROE) was -130.5 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 38.6 %, 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. Albassel ApS's liquidity measured by quick ratio was 0.5 which is at a low level. Thus, the company may face difficulties in addressing its short-term obligations with its available liquid assets.
Financial information
See financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|
Volume | ||||
Net sales | ||||
Gross profit | 320.21 | 486.01 | 207.01 | 517.92 |
EBIT | -19.62 | 137.86 | -65.60 | -95.14 |
Net earnings | -34.22 | 105.55 | -53.03 | -89.16 |
Shareholders equity total | 5.78 | 111.34 | 58.31 | 78.35 |
Balance sheet total (assets) | 215.70 | 233.62 | 116.19 | 203.23 |
Net debt | 144.62 | -96.71 | -22.25 | -23.95 |
Profitability | ||||
EBIT-% | ||||
ROA | -9.0 % | 61.4 % | -37.5 % | -59.6 % |
ROE | -591.6 % | 180.2 % | -62.5 % | -130.5 % |
ROI | -11.4 % | 97.5 % | -77.3 % | -139.2 % |
Economic value added (EVA) | -16.62 | 103.13 | -52.20 | -89.06 |
Solvency | ||||
Equity ratio | 2.7 % | 47.7 % | 50.2 % | 38.6 % |
Gearing | 2865.4 % | |||
Relative net indebtedness % | ||||
Liquidity | ||||
Quick ratio | 0.4 | 1.0 | 1.1 | 0.5 |
Current ratio | 0.4 | 1.0 | 1.1 | 0.5 |
Cash and cash equivalents | 21.11 | 96.71 | 22.25 | 23.95 |
Capital use efficiency | ||||
Trade debtors turnover (days) | ||||
Net working capital % | ||||
Credit risk | ||||
Credit rating | BB | BB | BB | BB |
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