AALBORG CITY APARTMENT ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About AALBORG CITY APARTMENT ApS
AALBORG CITY APARTMENT ApS (CVR number: 25590740) is a company from AARHUS. The company reported a net sales of 1.7 mDKK in 2023, demonstrating a decline of -15.1 % compared to the previous year. The operating profit percentage was poor at -10.5 % (EBIT: -0.2 mDKK), while net earnings were -620.8 kDKK. The profitability of the company measured by Return on Assets (ROA) was -0.5 %, which can be considered poor and Return on Equity (ROE) was -11.6 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 21.9 %, a level that can be considered to be low. This means a higher proportion of debt in its capital structure, indicating a greater reliance on borrowed funds. AALBORG CITY APARTMENT ApS's liquidity measured by quick ratio was 0.5 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 financials2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | 1 943.90 | 1 650.53 | |||
Gross profit | 1 700.18 | 1 384.45 | 1 223.32 | 691.56 | - 173.90 |
EBIT | -2 297.76 | -38.98 | -3 364.07 | 691.56 | - 173.90 |
Net earnings | -2 789.50 | - 932.51 | -3 436.60 | - 379.68 | - 620.77 |
Shareholders equity total | 8 593.06 | 7 660.55 | 4 223.95 | 4 667.27 | 6 046.50 |
Balance sheet total (assets) | 45 782.07 | 40 306.62 | 34 964.51 | 30 174.74 | 27 597.77 |
Net debt | 33 820.30 | 29 409.90 | 27 298.20 | 22 602.18 | 20 395.62 |
Profitability | |||||
EBIT-% | 35.6 % | -10.5 % | |||
ROA | -4.6 % | -0.1 % | -9.0 % | 4.0 % | -0.5 % |
ROE | -27.8 % | -11.5 % | -57.8 % | -8.5 % | -11.6 % |
ROI | -4.8 % | -0.1 % | -9.5 % | 4.3 % | -0.6 % |
Economic value added (EVA) | -3 598.78 | -1 876.88 | -4 251.78 | - 814.31 | -1 376.53 |
Solvency | |||||
Equity ratio | 18.8 % | 19.0 % | 12.1 % | 15.5 % | 21.9 % |
Gearing | 408.8 % | 399.5 % | 681.3 % | 488.0 % | 338.3 % |
Relative net indebtedness % | 1303.3 % | 1302.2 % | |||
Liquidity | |||||
Quick ratio | 0.8 | 0.6 | 0.5 | 0.6 | 0.5 |
Current ratio | 0.8 | 0.6 | 0.5 | 0.6 | 0.5 |
Cash and cash equivalents | 1 307.07 | 1 194.26 | 1 481.48 | 173.45 | 58.67 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | -122.6 % | -52.6 % | |||
Credit risk | |||||
Credit rating | BBB | BBB | BB | BBB | BBB |
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