ÆRØ HOLDING ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About ÆRØ HOLDING ApS
ÆRØ HOLDING ApS (CVR number: 24222241) is a company from GENTOFTE. The company recorded a gross profit of -31.7 kDKK in 2020. The operating profit was -31.7 kDKK, while net earnings were -69.1 kDKK. The profitability of the company measured by Return on Assets (ROA) was 0 %, which can be considered weak but Return on Equity (ROE) was -1 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 54.2 %, 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. ÆRØ HOLDING ApS's liquidity measured by quick ratio was 1.2 which is at a high level. Thus, the company is in a strong financial position, with liquid assets surpassing current liabilities. It is well-prepared to cover short-term financial obligations.
Financial information
See financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2016 | 2017 | 2018 | 2019 | 2020 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | 900.00 | 750.00 | |||
Gross profit | 682.55 | 515.33 | 10 990.50 | -10.66 | -31.74 |
EBIT | 364.90 | 197.68 | 10 990.50 | -10.66 | -31.74 |
Net earnings | - 324.19 | - 124.42 | 9 207.36 | -75.71 | -69.13 |
Shareholders equity total | 3 004.30 | 2 776.47 | 11 875.83 | 11 692.12 | 1 622.99 |
Balance sheet total (assets) | 28 201.65 | 28 270.91 | 13 528.53 | 13 037.89 | 2 994.72 |
Net debt | 23 577.05 | 23 999.83 | -10 943.47 | -10 410.36 | - 296.08 |
Profitability | |||||
EBIT-% | 40.5 % | 26.4 % | |||
ROA | 1.4 % | 0.8 % | 52.7 % | 0.2 % | 0.0 % |
ROE | -10.8 % | -4.3 % | 125.7 % | -0.6 % | -1.0 % |
ROI | 1.4 % | 0.8 % | 53.2 % | 0.2 % | 0.0 % |
Economic value added (EVA) | 393.91 | - 921.31 | 8 221.63 | 71.26 | 37.70 |
Solvency | |||||
Equity ratio | 10.7 % | 9.8 % | 87.8 % | 89.7 % | 54.2 % |
Gearing | 830.8 % | 916.6 % | 11.1 % | 11.3 % | 83.3 % |
Relative net indebtedness % | 2646.2 % | 3206.0 % | |||
Liquidity | |||||
Quick ratio | 0.8 | 0.6 | 9.0 | 8.7 | 1.2 |
Current ratio | 0.8 | 0.6 | 9.0 | 8.7 | 1.2 |
Cash and cash equivalents | 1 381.31 | 1 449.61 | 12 259.33 | 11 726.45 | 1 647.64 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | -37.1 % | -113.7 % | |||
Credit risk | |||||
Credit rating | A | A | BBB | BBB | BBB |
Variable visualization
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