Aagaard Recycling ApS — Credit Rating and Financial Key Figures

CVR number: 38756753
Industriparken 8, 6880 Tarm

Company information

Official name
Aagaard Recycling ApS
Established
2017
Company form
Private limited company
Industry

About Aagaard Recycling ApS

Aagaard Recycling ApS (CVR number: 38756753) is a company from RINGKØBING-SKJERN. The company recorded a gross profit of -7.1 kDKK in 2023. The operating profit was -7.1 kDKK, while net earnings were 1143.1 kDKK. The profitability of the company measured by Return on Assets (ROA) was 27.1 %, which can be considered excellent and Return on Equity (ROE) was 27.1 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 99.9 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. Aagaard Recycling ApS's liquidity measured by quick ratio was 247.6 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 profit-7.15-10.12-6.88-9.00-7.05
EBIT-7.15-10.12-6.88-9.00-7.05
Net earnings480.31796.303 597.95994.531 143.08
Shareholders equity total312.381 108.683 706.633 701.164 726.44
Balance sheet total (assets)4 229.504 247.133 711.633 708.164 733.44
Net debt3 460.492 794.39- 711.63- 708.16-1 733.44
Profitability
EBIT-%
ROA14.2 %21.0 %91.3 %26.8 %27.1 %
ROE264.6 %112.1 %149.4 %26.9 %27.1 %
ROI14.8 %15.9 %66.7 %26.9 %27.1 %
Economic value added (EVA)198.62186.72150.83-8.75-6.70
Solvency
Equity ratio7.4 %26.1 %99.9 %99.8 %99.9 %
Gearing1181.3 %274.3 %
Relative net indebtedness %
Liquidity
Quick ratio1.02.5142.3101.2247.6
Current ratio1.02.5142.3101.2247.6
Cash and cash equivalents229.50247.13711.63708.161 733.44
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBBAA

Variable visualization

ROA:27.1%
Rating: 82/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:99.9%
Rating: 98/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer

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