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: 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 financialsNet sales (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2021 | 2022 | 2023 | 2024 | |
---|---|---|---|---|
Volume | ||||
Net sales | 129 634.00 | 8 500.00 | 25 331.00 | |
Gross profit | 129 634.00 | 8 501.00 | 25 331.00 | |
EBIT | -43.00 | 2 134.00 | 17 278.00 | |
Net earnings | 310 289.00 | - 558 855.00 | 169 258.00 | |
Shareholders equity total | 6 311 926.00 | 6 475 697.00 | 6 648 775.00 | |
Balance sheet total (assets) | 6 505 654.00 | 6 750 214.00 | 6 860 996.00 | |
Net debt | 170 619.00 | 257 493.00 | 187 212.00 | |
Profitability | ||||
EBIT-% | -0.0 % | 25.1 % | 68.2 % | |
ROA | 4.8 % | -4.0 % | 2.7 % | |
ROE | 4.9 % | -8.6 % | 2.6 % | |
ROI | 4.8 % | -4.0 % | 2.7 % | |
Economic value added (EVA) | -30.53 | - 326 317.77 | 2 148.90 | - 326 908.26 |
Solvency | ||||
Equity ratio | 97.0 % | 95.9 % | 96.9 % | |
Gearing | 2.9 % | 4.1 % | 2.9 % | |
Relative net indebtedness % | 140.7 % | 3034.6 % | 748.8 % | |
Liquidity | ||||
Quick ratio | 0.2 | 0.6 | 0.4 | |
Current ratio | 0.2 | 0.6 | 0.4 | |
Cash and cash equivalents | 10 538.00 | 7 183.00 | 7 479.00 | |
Capital use efficiency | ||||
Trade debtors turnover (days) | ||||
Net working capital % | -119.7 % | -1487.6 % | -474.5 % | |
Credit risk | ||||
Credit rating | A | BB | A | AA |
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