ABILDGAARD ENGINEERING APS — Credit Rating and Financial Key Figures
Credit rating
Company information
About ABILDGAARD ENGINEERING APS
ABILDGAARD ENGINEERING APS (CVR number: 38325086) is a company from AALBORG. The company recorded a gross profit of -12.8 kDKK in 2024. The operating profit was -19 kDKK, while net earnings were -0.6 kDKK. The profitability of the company measured by Return on Assets (ROA) was -1 %, which can be considered poor and Return on Equity (ROE) was -0.5 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 32.5 %, a level that can be considered to be low. This means a higher proportion of debt in its capital structure, indicating a greater reliance on borrowed funds. ABILDGAARD ENGINEERING APS's liquidity measured by quick ratio was 0.7 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 financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2020 | 2021 | 2022 | 2023 | 2024 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | |||||
Gross profit | 26.22 | 39.36 | 26.17 | -50.60 | -12.82 |
EBIT | 15.97 | 23.17 | 9.99 | -64.29 | -19.01 |
Net earnings | 31.10 | 33.23 | 21.69 | -34.13 | -0.57 |
Shareholders equity total | 84.98 | 118.22 | 139.91 | 105.78 | 105.21 |
Balance sheet total (assets) | 274.96 | 303.83 | 315.30 | 283.67 | 324.14 |
Net debt | - 112.99 | - 140.36 | - 150.59 | 82.20 | 87.93 |
Profitability | |||||
EBIT-% | |||||
ROA | 14.8 % | 13.7 % | 8.5 % | -15.3 % | -1.0 % |
ROE | 44.8 % | 32.7 % | 16.8 % | -27.8 % | -0.5 % |
ROI | 46.7 % | 38.2 % | 20.3 % | -22.2 % | -1.0 % |
Economic value added (EVA) | 12.41 | 15.40 | 3.16 | -52.69 | -27.89 |
Solvency | |||||
Equity ratio | 30.9 % | 38.9 % | 44.4 % | 37.3 % | 32.5 % |
Gearing | 157.5 % | 184.3 % | |||
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 0.7 | 0.9 | 1.0 | 0.8 | 0.7 |
Current ratio | 0.7 | 0.9 | 1.0 | 0.8 | 0.8 |
Cash and cash equivalents | 112.99 | 140.36 | 150.59 | 84.43 | 106.00 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | BB | BB | BB | BB | BB |
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