Aarslev Smeden ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About Aarslev Smeden ApS
Aarslev Smeden ApS (CVR number: 38270834) is a company from FAABORG-MIDTFYN. The company recorded a gross profit of -92.2 kDKK in 2019. The operating profit was -91.7 kDKK, while net earnings were -78.9 kDKK. The profitability of the company measured by Return on Assets (ROA) was -27.4 %, which can be considered poor and Return on Equity (ROE) was -128.7 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at -29.1 %. This indicates that the company's debt surpasses the value of its total assets, posing significant financial risk. Aarslev Smeden ApS's liquidity measured by quick ratio was 0.7 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 financials2017 | 2018 | 2019 | |
|---|---|---|---|
| Volume | |||
| Net sales | |||
| Gross profit | 930.77 | 603.77 | -92.23 |
| EBIT | 404.40 | - 317.24 | -91.74 |
| Net earnings | 309.08 | - 330.55 | -78.91 |
| Shareholders equity total | 379.08 | 48.53 | -30.38 |
| Balance sheet total (assets) | 1 231.82 | 564.25 | 74.10 |
| Net debt | 419.48 | 328.74 | 48.88 |
| Profitability | |||
| EBIT-% | |||
| ROA | 33.0 % | -35.3 % | -27.4 % |
| ROE | 81.5 % | -154.6 % | -128.7 % |
| ROI | 50.8 % | -53.9 % | -39.7 % |
| Economic value added (EVA) | 312.95 | - 334.27 | -76.28 |
| Solvency | |||
| Equity ratio | 30.8 % | 8.6 % | -29.1 % |
| Gearing | 110.7 % | 677.7 % | -278.1 % |
| Relative net indebtedness % | |||
| Liquidity | |||
| Quick ratio | 1.3 | 1.1 | 0.7 |
| Current ratio | 1.4 | 1.1 | 0.7 |
| Cash and cash equivalents | 0.15 | 0.15 | 35.60 |
| Capital use efficiency | |||
| Trade debtors turnover (days) | |||
| Net working capital % | |||
| Credit risk | |||
| Credit rating | BBB | BB | BB |
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