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: 37189170) is a company from AALBORG. The company reported a net sales of 25.3 mDKK in 2024, demonstrating a growth of 198 % compared to the previous year. The operating profit percentage was at 68.2 % (EBIT: 17.3 mDKK), while net earnings were 169.3 mDKK. The profitability of the company measured by Return on Assets (ROA) was 2.7 %, 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 96.9 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. Aalborg Forsyning A/S's liquidity measured by quick ratio was 0.4 which is at a very low level. Thus, the company is in an unstable financial position, with its liquid assets significantly undermatching its current liabilities. This severe liquidity deficiency may lead to financial distress and threaten the company's operational continuity.

Financial information

See financials

Net sales (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2021
2022
2023
2024
Volume
Net sales129 634.008 500.0025 331.00
Gross profit129 634.008 501.0025 331.00
EBIT-43.002 134.0017 278.00
Net earnings310 289.00- 558 855.00169 258.00
Shareholders equity total6 311 926.006 475 697.006 648 775.00
Balance sheet total (assets)6 505 654.006 750 214.006 860 996.00
Net debt170 619.00257 493.00187 212.00
Profitability
EBIT-%-0.0 %25.1 %68.2 %
ROA4.8 %-4.0 %2.7 %
ROE4.9 %-8.6 %2.6 %
ROI4.8 %-4.0 %2.7 %
Economic value added (EVA)-30.53- 326 317.772 148.90- 326 908.26
Solvency
Equity ratio97.0 %95.9 %96.9 %
Gearing2.9 %4.1 %2.9 %
Relative net indebtedness %140.7 %3034.6 %748.8 %
Liquidity
Quick ratio0.20.60.4
Current ratio0.20.60.4
Cash and cash equivalents10 538.007 183.007 479.00
Capital use efficiency
Trade debtors turnover (days)
Net working capital %-119.7 %-1487.6 %-474.5 %
Credit risk
Credit ratingABBAAA

Variable visualization

ROA:2.73%
Rating: 34/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:96.9%
Rating: 78/100
-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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