Aalborg Bygas A/S — Credit Rating and Financial Key Figures

CVR number: 38255479
Norbis Park 100, Stae 9310 Vodskov

Company information

Official name
Aalborg Bygas A/S
Established
2016
Domicile
Stae
Company form
Limited company
Industry

About Aalborg Bygas A/S

Aalborg Bygas A/S (CVR number: 38255479) is a company from AALBORG. The company recorded a gross profit of 10.8 mDKK in 2024. The operating profit was 1992 kDKK, while net earnings were 1955 kDKK. The profitability of the company measured by Return on Assets (ROA) was 2.9 %, which can be considered weak but Return on Equity (ROE) was 4.7 %, which can be considered decent. The equity ratio, a key indicator for solidity, stood at 61.3 %, 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 Bygas A/S'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 financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2020
2021
2022
2023
2024
Volume
Net sales12 550.00
Gross profit10 286.009 929.006 444.0012 889.0010 815.00
EBIT-1 478.00-1 594.00-4 900.004 208.001 992.00
Net earnings-2 858.006 071.001 955.00
Shareholders equity total2 477.002 477.0034 330.0040 403.0042 358.00
Balance sheet total (assets)64 961.0075 270.0068 456.0069 817.0069 553.00
Net debt8 385.0062 179.0026 203.0024 819.0022 327.00
Profitability
EBIT-%-11.8 %
ROA-2.4 %-2.2 %-3.7 %6.1 %2.9 %
ROE-15.5 %16.2 %4.7 %
ROI-2.5 %-2.4 %-4.0 %6.4 %3.0 %
Economic value added (EVA)-1 983.51-2 474.73-8 779.92531.35-1 924.72
Solvency
Equity ratio3.8 %3.3 %50.5 %58.1 %61.3 %
Gearing338.5 %2510.3 %76.3 %61.4 %52.7 %
Relative net indebtedness %444.8 %
Liquidity
Quick ratio0.60.60.60.40.7
Current ratio0.60.60.60.40.7
Cash and cash equivalents
Capital use efficiency
Trade debtors turnover (days)118.0
Net working capital %-33.6 %
Credit risk
Credit ratingABBBBBBAA

Variable visualization

ROA:2.91%
Rating: 35/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:61.3%
Rating: 47/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Board member
Board member
Chairman of the board
Board member
Board member

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