ÆRØ HOLDING ApS — Credit Rating and Financial Key Figures

CVR number: 24222241
Tuborg Havnepark 7, 2900 Hellerup
finn-musse@webspeed.dk
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Credit rating

Company information

Official name
ÆRØ HOLDING ApS
Established
1999
Company form
Private limited company
Industry

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 financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2016
2017
2018
2019
2020
Volume
Net sales900.00750.00
Gross profit682.55515.3310 990.50-10.66-31.74
EBIT364.90197.6810 990.50-10.66-31.74
Net earnings- 324.19- 124.429 207.36-75.71-69.13
Shareholders equity total3 004.302 776.4711 875.8311 692.121 622.99
Balance sheet total (assets)28 201.6528 270.9113 528.5313 037.892 994.72
Net debt23 577.0523 999.83-10 943.47-10 410.36- 296.08
Profitability
EBIT-%40.5 %26.4 %
ROA1.4 %0.8 %52.7 %0.2 %0.0 %
ROE-10.8 %-4.3 %125.7 %-0.6 %-1.0 %
ROI1.4 %0.8 %53.2 %0.2 %0.0 %
Economic value added (EVA)393.91- 921.318 221.6371.2637.70
Solvency
Equity ratio10.7 %9.8 %87.8 %89.7 %54.2 %
Gearing830.8 %916.6 %11.1 %11.3 %83.3 %
Relative net indebtedness %2646.2 %3206.0 %
Liquidity
Quick ratio0.80.69.08.71.2
Current ratio0.80.69.08.71.2
Cash and cash equivalents1 381.311 449.6112 259.3311 726.451 647.64
Capital use efficiency
Trade debtors turnover (days)
Net working capital %-37.1 %-113.7 %
Credit risk
Credit ratingAABBBBBBBBB

Variable visualization

ROA:0.04%
Rating: 20/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:54.2%
Rating: 43/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

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