AROS AFFORDABLE HOMES A/S — Credit Rating and Financial Key Figures

CVR number: 36492767
Banegårdspladsen 20, 8000 Aarhus C
tel: 38871000

Credit rating

Company information

Official name
AROS AFFORDABLE HOMES A/S
Established
2015
Company form
Limited company
Industry

About AROS AFFORDABLE HOMES A/S

AROS AFFORDABLE HOMES A/S (CVR number: 36492767) is a company from AARHUS. The company recorded a gross profit of -135 kDKK in 2023. The operating profit was -135 kDKK, while net earnings were 313.3 kDKK. The profitability of the company measured by Return on Assets (ROA) was 1.6 %, which can be considered weak and Return on Equity (ROE) was 1.6 %, which can be considered weak. The equity ratio, a key indicator for solidity, stood at 95.6 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. AROS AFFORDABLE HOMES A/S's liquidity measured by quick ratio was 22.7 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 financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2019
2020
2021
2022
2023
Volume
Net sales
Gross profit- 143.06- 128.33- 128.79- 135.75- 135.00
EBIT- 143.06- 128.33- 128.79- 135.75- 135.00
Net earnings131.84-1 680.01726.81- 832.14313.31
Shareholders equity total20 819.7519 139.7419 866.5619 034.4119 347.73
Balance sheet total (assets)21 166.2119 608.5820 470.5819 780.0820 240.32
Net debt-21 120.05-19 536.98-20 361.72-19 637.15-20 049.41
Profitability
EBIT-%
ROA0.6 %-0.6 %6.9 %1.4 %1.6 %
ROE0.6 %-8.4 %3.7 %-4.3 %1.6 %
ROI0.6 %-0.6 %7.1 %1.4 %1.7 %
Economic value added (EVA)- 132.36- 110.92- 105.23- 105.40-97.53
Solvency
Equity ratio98.4 %97.6 %97.0 %96.2 %95.6 %
Gearing0.2 %0.4 %0.5 %0.8 %1.0 %
Relative net indebtedness %
Liquidity
Quick ratio61.141.833.926.522.7
Current ratio61.141.833.926.522.7
Cash and cash equivalents21 166.2119 608.5820 470.5819 780.0820 240.32
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBBBBBBBB

Variable visualization

ROA:1.61%
Rating: 28/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:95.6%
Rating: 76/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Board member
Chief executive officer
Board member

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