Credit rating
Company information
About Andreas Aaen Holding ApS
Andreas Aaen Holding ApS (CVR number: 38217151) is a company from Brønderslev. The company recorded a gross profit of -404.2 kDKK in 2023. The operating profit was -701.6 kDKK, while net earnings were 228.5 kDKK. The profitability of the company measured by Return on Assets (ROA) was 3.9 %, which can be considered weak and Return on Equity (ROE) was 1.6 %, which can be considered weak. The equity ratio, a key indicator for solidity, stood at 62.6 %, 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. Andreas Aaen Holding ApS's liquidity measured by quick ratio was 2.2 which is at a very high level. Thus, the company demonstrates exceptional financial stability, possessing a significant surplus of liquid assets over its short-term liabilities.
Financial information
See financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | |||||
Gross profit | - 109.94 | 77.03 | - 140.50 | 2 646.45 | - 404.17 |
EBIT | - 141.49 | - 153.59 | - 467.55 | - 208.29 | - 701.64 |
Net earnings | 1 828.66 | 2 710.30 | 9 737.03 | 1 905.05 | 228.51 |
Shareholders equity total | 2 041.24 | 4 640.93 | 14 264.97 | 16 055.62 | 12 166.32 |
Balance sheet total (assets) | 3 855.59 | 8 324.37 | 18 271.82 | 19 737.93 | 19 436.03 |
Net debt | -1 400.02 | - 661.80 | -5 555.04 | -10 380.83 | -9 671.90 |
Profitability | |||||
EBIT-% | |||||
ROA | 71.1 % | 47.8 % | 75.4 % | 1.2 % | 3.9 % |
ROE | 154.9 % | 81.1 % | 103.0 % | 12.6 % | 1.6 % |
ROI | 84.0 % | 51.1 % | 76.4 % | 1.2 % | 4.0 % |
Economic value added (EVA) | -78.65 | -80.51 | - 201.61 | -15.56 | - 827.84 |
Solvency | |||||
Equity ratio | 52.9 % | 55.8 % | 78.1 % | 81.3 % | 62.6 % |
Gearing | 66.6 % | 72.2 % | 27.9 % | 22.8 % | 50.6 % |
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 1.5 | 1.1 | 2.4 | 3.9 | 2.2 |
Current ratio | 1.5 | 1.1 | 2.4 | 3.9 | 2.2 |
Cash and cash equivalents | 2 760.36 | 4 011.88 | 9 535.27 | 14 036.85 | 15 832.88 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | BB | BBB | A | A | BBB |
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