ABILDGADE 8 ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About ABILDGADE 8 ApS
ABILDGADE 8 ApS (CVR number: 34688273) is a company from AARHUS. The company reported a net sales of 0.3 mDKK in 2023, demonstrating a growth of 2.7 % compared to the previous year. The operating profit percentage was at 82.5 % (EBIT: 0.3 mDKK), while net earnings were 188.8 kDKK. The profitability of the company measured by Return on Assets (ROA) was 5.5 %, which can be considered decent and Return on Equity (ROE) was 6.6 %, which can be considered decent. The equity ratio, a key indicator for solidity, stood at 63.7 %, 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. ABILDGADE 8 ApS's liquidity measured by quick ratio was 1.7 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 financialsNet sales (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | 274.19 | 285.77 | 288.65 | 295.52 | 303.46 |
Gross profit | 235.36 | 248.15 | 244.75 | 251.63 | 250.45 |
EBIT | 235.36 | 248.15 | 244.75 | 251.63 | 250.45 |
Net earnings | 166.23 | 176.80 | 180.40 | 188.10 | 188.84 |
Shareholders equity total | 2 424.20 | 2 545.69 | 2 669.60 | 2 800.49 | 2 930.43 |
Balance sheet total (assets) | 4 583.20 | 4 369.27 | 4 419.25 | 4 501.20 | 4 598.89 |
Net debt | 901.79 | 1 058.99 | 950.24 | 805.91 | 647.25 |
Profitability | |||||
EBIT-% | 85.8 % | 86.8 % | 84.8 % | 85.1 % | 82.5 % |
ROA | 5.2 % | 5.5 % | 5.6 % | 5.6 % | 5.5 % |
ROE | 7.1 % | 7.1 % | 6.9 % | 6.9 % | 6.6 % |
ROI | 5.7 % | 5.9 % | 5.7 % | 5.8 % | 5.7 % |
Economic value added (EVA) | 16.28 | 29.25 | 12.61 | 17.38 | 17.13 |
Solvency | |||||
Equity ratio | 52.9 % | 58.3 % | 60.4 % | 62.2 % | 63.7 % |
Gearing | 52.4 % | 47.8 % | 43.3 % | 39.1 % | 35.3 % |
Relative net indebtedness % | 481.3 % | 418.7 % | 371.8 % | 318.3 % | 267.0 % |
Liquidity | |||||
Quick ratio | 0.8 | 0.8 | 1.1 | 1.5 | 1.7 |
Current ratio | 0.8 | 0.8 | 1.1 | 1.5 | 1.7 |
Cash and cash equivalents | 369.16 | 156.59 | 205.60 | 288.90 | 386.65 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | -37.5 % | -13.1 % | 8.3 % | 31.9 % | 53.9 % |
Credit risk | |||||
Credit rating | A | A | A | A | A |
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