Ærøfonden — Credit Rating and Financial Key Figures

CVR number: 28278624
Tranderup Nørremark 2, 5970 Ærøskøbing
kontakt@aeroefonden.dk
tel: 20125044

Credit rating

Company information

Official name
Ærøfonden
Personnel
1 person
Established
2004
Industry

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 financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2020
2021
2022
2023
2024
Volume
Net sales
Gross profit6.90- 235.27330.88- 276.60
EBIT- 282.49- 197.64- 370.04201.45- 406.03
Net earnings337.26177.16294.671 621.09840.74
Shareholders equity total1 962.681 839.141 963.803 353.713 994.44
Balance sheet total (assets)2 523.172 516.422 714.494 532.995 127.72
Net debt-1 536.53- 655.46-1 282.42-2 875.58-2 716.48
Profitability
EBIT-%
ROA16.2 %5.4 %12.9 %56.7 %19.4 %
ROE17.9 %9.3 %15.5 %61.0 %22.9 %
ROI17.2 %6.3 %15.5 %64.8 %21.0 %
Economic value added (EVA)- 405.25- 264.67- 506.9429.43- 724.67
Solvency
Equity ratio77.8 %73.1 %72.3 %74.0 %77.9 %
Gearing
Relative net indebtedness %
Liquidity
Quick ratio6.32.52.96.711.3
Current ratio6.32.52.96.711.3
Cash and cash equivalents1 536.53655.461 282.422 875.582 716.48
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBBBBBBBB

Variable visualization

ROA:19.4%
Rating: 73/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:77.9%
Rating: 58/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chairman of the board
Board member
Board member
Board member

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