ALBJERG BRAKES ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About ALBJERG BRAKES ApS
ALBJERG BRAKES ApS (CVR number: 36494824) is a company from SVENDBORG. The company recorded a gross profit of 515.9 kDKK in 2021. The operating profit was -1.8 kDKK, while net earnings were -6.4 kDKK. The profitability of the company measured by Return on Assets (ROA) was -0.3 %, which can be considered poor and Return on Equity (ROE) was -3 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 36.4 %, 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. ALBJERG BRAKES ApS's liquidity measured by quick ratio was 1.6 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 financials2017 | 2018 | 2019 | 2020 | 2021 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | |||||
Gross profit | 388.10 | 349.49 | 458.80 | 412.76 | 515.92 |
EBIT | - 228.14 | - 248.92 | - 150.53 | - 184.97 | -1.75 |
Net earnings | - 215.75 | - 235.75 | - 136.84 | - 147.58 | -6.40 |
Shareholders equity total | - 759.74 | - 995.50 | 367.67 | 220.09 | 213.69 |
Balance sheet total (assets) | 587.53 | 486.99 | 555.48 | 544.52 | 587.22 |
Net debt | 1 159.63 | 1 297.41 | - 144.12 | 12.85 | -33.07 |
Profitability | |||||
EBIT-% | |||||
ROA | -17.8 % | -17.6 % | -14.8 % | -33.6 % | -0.3 % |
ROE | -34.6 % | -43.9 % | -32.0 % | -50.2 % | -3.0 % |
ROI | -21.4 % | -20.2 % | -18.0 % | -53.3 % | -0.5 % |
Economic value added (EVA) | - 150.57 | - 156.18 | -66.96 | - 155.23 | -8.05 |
Solvency | |||||
Equity ratio | -56.4 % | -67.2 % | 66.2 % | 40.4 % | 36.4 % |
Gearing | -152.7 % | -130.8 % | 1.4 % | 45.3 % | 89.8 % |
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 0.1 | 0.1 | 1.5 | 0.8 | 1.6 |
Current ratio | 0.3 | 0.3 | 2.6 | 1.5 | 1.6 |
Cash and cash equivalents | 0.43 | 4.92 | 149.35 | 86.78 | 224.95 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | BBB | BBB | BBB | BBB |
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