Ærøfonden — Credit Rating and Financial Key Figures
Credit rating
Company information
About Ærøfonden
Ærøfonden (CVR number: 28278624) is a company from ÆRØ. The company recorded a gross profit of -276.6 kDKK in 2024. The operating profit was -406 kDKK, while net earnings were 840.7 kDKK. The profitability of the company measured by Return on Assets (ROA) was 19.4 %, which can be considered excellent and Return on Equity (ROE) was 22.9 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 77.9 %, a level that can be considered to be good. This shows that a large part of the company's assets are funded by shareholders' equity, reducing financial risk. Ærøfonden's liquidity measured by quick ratio was 11.3 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 | 6.90 | - 235.27 | 330.88 | - 276.60 | |
| EBIT | - 282.49 | - 197.64 | - 370.04 | 201.45 | - 406.03 |
| Net earnings | 337.26 | 177.16 | 294.67 | 1 621.09 | 840.74 |
| Shareholders equity total | 1 962.68 | 1 839.14 | 1 963.80 | 3 353.71 | 3 994.44 |
| Balance sheet total (assets) | 2 523.17 | 2 516.42 | 2 714.49 | 4 532.99 | 5 127.72 |
| Net debt | -1 536.53 | - 655.46 | -1 282.42 | -2 875.58 | -2 716.48 |
| Profitability | |||||
| EBIT-% | |||||
| ROA | 16.2 % | 5.4 % | 12.9 % | 56.7 % | 19.4 % |
| ROE | 17.9 % | 9.3 % | 15.5 % | 61.0 % | 22.9 % |
| ROI | 17.2 % | 6.3 % | 15.5 % | 64.8 % | 21.0 % |
| Economic value added (EVA) | - 405.25 | - 264.67 | - 506.94 | 29.43 | - 724.67 |
| Solvency | |||||
| Equity ratio | 77.8 % | 73.1 % | 72.3 % | 74.0 % | 77.9 % |
| Gearing | |||||
| Relative net indebtedness % | |||||
| Liquidity | |||||
| Quick ratio | 6.3 | 2.5 | 2.9 | 6.7 | 11.3 |
| Current ratio | 6.3 | 2.5 | 2.9 | 6.7 | 11.3 |
| Cash and cash equivalents | 1 536.53 | 655.46 | 1 282.42 | 2 875.58 | 2 716.48 |
| Capital use efficiency | |||||
| Trade debtors turnover (days) | |||||
| Net working capital % | |||||
| Credit risk | |||||
| Credit rating | BBB | BBB | BBB | BBB | BBB |
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