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

CVR number: 37189170
Norbis Park 100, Stae 9310 Vodskov

Company information

Official name
Aalborg Forsyning A/S
Personnel
230 persons
Established
2015
Domicile
Stae
Company form
Limited company
Industry

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 financials

Net sales (mDKK)

EBIT (mDKK)

Profitability

Solidity

Key figures (mDKK)

See financials
2020
2021
2022
2023
2024
Volume
Net sales1 554.002 649.512 463.432 259.602 420.53
Gross profit569.00991.11673.50264.02787.41
EBIT-10.00422.8298.97- 330.64218.83
Net earnings-17.00310.2980.22- 275.69169.26
Shareholders equity total6 323.006 311.936 683.896 475.706 648.77
Balance sheet total (assets)9 610.0010 776.1511 124.8711 302.2011 875.83
Net debt287.62800.551 432.181 872.36
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)- 325.4318.12- 304.66- 702.86- 247.90
Solvency
Equity ratio100.0 %58.8 %60.4 %57.5 %56.1 %
Gearing21.1 %26.8 %38.8 %43.2 %
Relative net indebtedness %115.0 %124.0 %150.6 %161.0 %
Liquidity
Quick ratio0.90.91.00.8
Current ratio1.01.21.10.8
Cash and cash equivalents1 045.07988.781 078.311 002.42
Capital use efficiency
Trade debtors turnover (days)33.347.452.356.4
Net working capital %-16.6 %1.4 %-8.5 %-26.8 %
Credit risk
Credit ratingBBBAAAAAAAA

Variable visualization

ROA:2.08%
Rating: 30/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:56.1%
Rating: 44/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Board member
Board member
Chairman of the board
Board member

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