Aalborg Forsyning A/S — Credit Rating and Financial Key Figures
Credit rating
Company information
About Aalborg Forsyning A/S
Aalborg Forsyning A/S (CVR number: 37189170K) is a company from AALBORG. The company reported a net sales of 2420.5 mDKK in 2024, demonstrating a growth of 7.1 % compared to the previous year. The operating profit percentage was at 9 % (EBIT: 218.8 mDKK), while net earnings were 169.3 mDKK. The profitability of the company measured by Return on Assets (ROA) was 2.1 %, which can be considered weak and Return on Equity (ROE) was 2.6 %, which can be considered weak. The equity ratio, a key indicator for solidity, stood at 56.1 %, a level that can be considered to be modest. This means a balanced mix of debt and equity financing its assets—a typical operational level for many companies. Aalborg Forsyning A/S's liquidity measured by quick ratio was 0.8 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 financialsNet sales (mDKK)
EBIT (mDKK)
Profitability
Solidity
Key figures (mDKK)
See financials2020 | 2021 | 2022 | 2023 | 2024 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | 1 554.00 | 2 649.51 | 2 463.43 | 2 259.60 | 2 420.53 |
Gross profit | 569.00 | 991.11 | 673.50 | 264.02 | 787.41 |
EBIT | -10.00 | 422.82 | 98.97 | - 330.64 | 218.83 |
Net earnings | -17.00 | 310.29 | 80.22 | - 275.69 | 169.26 |
Shareholders equity total | 6 323.00 | 6 311.93 | 6 683.89 | 6 475.70 | 6 648.77 |
Balance sheet total (assets) | 9 610.00 | 10 776.15 | 11 124.87 | 11 302.20 | 11 875.83 |
Net debt | 287.62 | 800.55 | 1 432.18 | 1 872.36 | |
Profitability | |||||
EBIT-% | -0.6 % | 16.0 % | 4.0 % | -14.6 % | 9.0 % |
ROA | -0.1 % | 4.2 % | 1.2 % | -2.7 % | 2.1 % |
ROE | -0.3 % | 4.9 % | 1.2 % | -4.2 % | 2.6 % |
ROI | -0.1 % | 4.8 % | 1.5 % | -3.3 % | 2.5 % |
Economic value added (EVA) | - 325.43 | 18.12 | - 304.66 | - 702.86 | - 247.90 |
Solvency | |||||
Equity ratio | 100.0 % | 58.8 % | 60.4 % | 57.5 % | 56.1 % |
Gearing | 21.1 % | 26.8 % | 38.8 % | 43.2 % | |
Relative net indebtedness % | 115.0 % | 124.0 % | 150.6 % | 161.0 % | |
Liquidity | |||||
Quick ratio | 0.9 | 0.9 | 1.0 | 0.8 | |
Current ratio | 1.0 | 1.2 | 1.1 | 0.8 | |
Cash and cash equivalents | 1 045.07 | 988.78 | 1 078.31 | 1 002.42 | |
Capital use efficiency | |||||
Trade debtors turnover (days) | 33.3 | 47.4 | 52.3 | 56.4 | |
Net working capital % | -16.6 % | 1.4 % | -8.5 % | -26.8 % | |
Credit risk | |||||
Credit rating | BBB | AA | AAA | A | AA |
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