Aurora Financial ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About Aurora Financial ApS
Aurora Financial ApS (CVR number: 39311666) is a company from KØBENHAVN. The company recorded a gross profit of -1745.3 kDKK in 2021. The operating profit was -1750.6 kDKK, while net earnings were -179.9 kDKK. The profitability of the company measured by Return on Assets (ROA) was -0.5 %, which can be considered poor and Return on Equity (ROE) was -0.8 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 57.8 %, 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. Aurora Financial ApS's liquidity measured by quick ratio was 2.4 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 financials2018 | 2019 | 2020 | 2021 | |
|---|---|---|---|---|
| Volume | ||||
| Net sales | ||||
| Gross profit | -6 930.70 | 11 502.84 | 24 959.16 | -1 745.35 |
| EBIT | -6 933.32 | 11 481.83 | 24 675.77 | -1 750.59 |
| Net earnings | -9 817.24 | -2 101.00 | 11 056.26 | - 179.90 |
| Shareholders equity total | -9 767.24 | 32 402.36 | 43 458.62 | 400.29 |
| Balance sheet total (assets) | 65 856.55 | 132 173.54 | 58 302.54 | 692.90 |
| Net debt | 68 237.24 | 85 994.71 | -11 274.51 | - 168.09 |
| Profitability | ||||
| EBIT-% | ||||
| ROA | -9.2 % | 11.1 % | 25.9 % | -0.5 % |
| ROE | -14.9 % | -4.3 % | 29.1 % | -0.8 % |
| ROI | -9.4 % | 11.3 % | 27.6 % | -0.6 % |
| Economic value added (EVA) | -6 933.32 | 12 230.67 | 23 476.53 | -3 125.50 |
| Solvency | ||||
| Equity ratio | -12.9 % | 24.5 % | 74.5 % | 57.8 % |
| Gearing | -751.2 % | 303.1 % | 11.1 % | |
| Relative net indebtedness % | ||||
| Liquidity | ||||
| Quick ratio | 10.3 | 83.0 | 3.9 | 2.4 |
| Current ratio | 10.3 | 83.0 | 3.9 | 2.4 |
| Cash and cash equivalents | 5 134.97 | 12 221.11 | 16 097.19 | 168.09 |
| Capital use efficiency | ||||
| Trade debtors turnover (days) | ||||
| Net working capital % | ||||
| Credit risk | ||||
| Credit rating | BB | BBB | BBB | B |
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