ALERIS ALUMINUM DENMARK ApS — Credit Rating and Financial Key Figures

CVR number: 29609365
Fyllestedvej 20, Fyllested 5464 Brenderup Fyn

Credit rating

Company information

Official name
ALERIS ALUMINUM DENMARK ApS
Personnel
1 person
Established
2006
Domicile
Fyllested
Company form
Private limited company
Industry
  • Expand more icon46Wholesale trade, except of motor vehicles and motorcycles

About ALERIS ALUMINUM DENMARK ApS

ALERIS ALUMINUM DENMARK ApS (CVR number: 29609365) is a company from MIDDELFART. The company reported a net sales of 1.5 mDKK in 2020, demonstrating a decline of -17.8 % compared to the previous year. The operating profit percentage was at 2.1 % (EBIT: 0 mDKK), while net earnings were 10.9 kDKK. The profitability of the company measured by Return on Assets (ROA) was 4.4 %, which can be considered decent but Return on Equity (ROE) was 3.5 %, which can be considered weak. The equity ratio, a key indicator for solidity, stood at 53.9 %, 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. ALERIS ALUMINUM DENMARK 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 financials

Net sales (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
20162017201820192020
Volume
Net sales1 701.861 734.191 821.661 794.571 475.82
Gross profit1 340.641 346.421 415.721 440.711 201.63
EBIT70.6255.4653.58133.7230.79
Net earnings43.0132.5630.1392.9510.94
Shareholders equity total753.33785.89816.02308.97319.91
Balance sheet total (assets)1 166.521 217.821 316.44807.92593.22
Net debt- 770.76- 778.66-1 091.95- 675.04- 544.41
Profitability
EBIT-%4.1 %3.2 %2.9 %7.5 %2.1 %
ROA6.1 %4.7 %4.2 %12.6 %4.4 %
ROE5.7 %4.2 %3.8 %16.5 %3.5 %
ROI9.4 %7.2 %6.7 %22.4 %9.0 %
Economic value added (EVA)53.8042.8740.06117.7042.38
Solvency
Equity ratio64.6 %64.5 %62.0 %38.2 %53.9 %
Gearing
Relative net indebtedness %-21.0 %-20.0 %-32.9 %-10.0 %-18.4 %
Liquidity
Quick ratio2.82.82.71.82.2
Current ratio2.82.82.71.82.2
Cash and cash equivalents770.76778.661 091.95675.04544.41
Capital use efficiency
Trade debtors turnover (days)
Net working capital %44.3 %45.3 %45.2 %20.5 %21.7 %
Credit risk
Credit ratingBBBBBBBBBB

Variable visualization

ROA:4.40%
Rating: 41/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:53.9%
Rating: 43/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

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