AALBORG FARVE OG LAK A/S
Credit rating
Company information
About AALBORG FARVE OG LAK A/S
AALBORG FARVE OG LAK A/S (CVR number: 16195847) is a company from AALBORG. The company recorded a gross profit of 17.3 mDKK in 2023. The operating profit was 2662.3 kDKK, while net earnings were 2105.8 kDKK. The profitability of the company measured by Return on Assets (ROA) was 10 %, which can be considered good and Return on Equity (ROE) was 11.4 %, which can be considered good. The equity ratio, a key indicator for solidity, stood at 63.9 %, 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. AALBORG FARVE OG LAK A/S's liquidity measured by quick ratio was 0.9 which is at a modest level. Thus, the company's liquid assets are in relative balance with its short-term liabilities, indicating a moderate liquidity position. While it's likely to meet its current obligations, financial flexibility may be constrained, and unexpected costs could pose challenges.
Financial information
See financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | |||||
Gross profit | 12 931.22 | 14 190.98 | 17 395.71 | 19 175.54 | 17 347.01 |
EBIT | 2 458.17 | 3 581.81 | 4 811.18 | 6 072.45 | 2 662.30 |
Net earnings | 1 898.67 | 2 778.82 | 3 776.50 | 4 771.46 | 2 105.79 |
Shareholders equity total | 11 237.61 | 13 566.44 | 16 342.94 | 19 114.40 | 17 720.18 |
Balance sheet total (assets) | 21 286.98 | 20 187.52 | 24 416.47 | 27 205.52 | 27 710.15 |
Net debt | -2 900.67 | -59.41 | 651.12 | -1 144.04 | 1 478.37 |
Profitability | |||||
EBIT-% | |||||
ROA | 11.2 % | 17.5 % | 21.9 % | 23.8 % | 10.0 % |
ROE | 17.8 % | 22.4 % | 25.3 % | 26.9 % | 11.4 % |
ROI | 21.8 % | 27.3 % | 30.4 % | 33.5 % | 14.1 % |
Economic value added (EVA) | 1 605.19 | 2 365.89 | 3 072.46 | 3 918.11 | 1 177.24 |
Solvency | |||||
Equity ratio | 52.8 % | 67.2 % | 66.9 % | 70.3 % | 63.9 % |
Gearing | 0.1 % | 0.3 % | 4.8 % | 0.1 % | 8.3 % |
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 1.0 | 1.2 | 1.0 | 1.2 | 0.9 |
Current ratio | 2.1 | 3.2 | 2.8 | 3.1 | 2.6 |
Cash and cash equivalents | 2 909.08 | 106.72 | 135.91 | 1 166.18 | 0.86 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | A | AA | AA | AA | AA |
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