AAGAARD A/S — Credit Rating and Financial Key Figures

CVR number: 21281875
Smedevænget 14, 9560 Hadsund

Credit rating

Company information

Official name
AAGAARD A/S
Personnel
31 persons
Established
1998
Company form
Limited company
Industry

About AAGAARD A/S

AAGAARD A/S (CVR number: 21281875) is a company from MARIAGERFJORD. The company recorded a gross profit of 11.8 mDKK in 2024. The operating profit was -7283.7 kDKK, while net earnings were -5841.7 kDKK. The profitability of the company measured by Return on Assets (ROA) was -23.3 %, which can be considered poor and Return on Equity (ROE) was -54.5 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 26.5 %, 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. AAGAARD A/S's liquidity measured by quick ratio was 0.4 which is at a very low level. Thus, the company is in an unstable financial position, with its liquid assets significantly undermatching its current liabilities. This severe liquidity deficiency may lead to financial distress and threaten the company's operational continuity.

Financial information

See financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2020
2021
2022
2023
2024
Volume
Net sales
Gross profit15 773.2317 086.0823 830.6924 610.7911 764.63
EBIT1 834.742 325.296 468.594 935.18-7 283.66
Net earnings694.201 218.404 723.573 544.14-5 841.68
Shareholders equity total6 781.957 766.3512 489.9213 634.067 792.38
Balance sheet total (assets)29 259.2530 238.2733 258.6331 193.7229 414.72
Net debt13 297.5811 123.63-3 285.806 614.1912 224.25
Profitability
EBIT-%
ROA5.9 %7.8 %20.4 %15.3 %-23.3 %
ROE11.0 %16.7 %46.6 %27.1 %-54.5 %
ROI7.8 %9.4 %31.3 %23.6 %-28.1 %
Economic value added (EVA)214.96637.643 832.793 023.21-6 945.23
Solvency
Equity ratio23.3 %26.5 %52.4 %44.4 %26.5 %
Gearing196.4 %144.5 %0.3 %51.4 %175.2 %
Relative net indebtedness %
Liquidity
Quick ratio0.30.51.30.60.4
Current ratio0.80.91.01.20.7
Cash and cash equivalents21.21102.423 326.76387.031 424.61
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingAAAABBB

Variable visualization

ROA:-23.3%
Rating: 0/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:26.5%
Rating: 24/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer

Companies in the same industry

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