Aalborg Kommune
KOMActiveCVR 29189420Boulevarden 13, 9000 AalborgGeneral public administration activities· NACE 8411Est. 2007 · 19 years old20,941 employees
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Overview
Aalborg Kommune is a Danish KOM based in Aalborg, operating in the General public administration activities sector. Incorporated in 2007, the company has 20,941 employees and reported revenue of DKK 13.1bn in its latest annual filing.
Revenue 2025
13.1B DKK
+6% vs 2024
EBITDA margin
2.1 %
+2902% vs 2024
Net profit 2025
0.3B DKK
+6949% vs 2024
Key ratios
See full ratios →Solidity ratioEquity ÷ Total assets × 100
43.7 %
WeakAmong the 40% lowest rated companies in the industry
20232025
Liquidity ratioCurrent assets ÷ Short-term debt
0.7×
Very weakAmong the 20% lowest rated companies in the industry
20232025
Return on assets (ROA)Net profit ÷ Total assets × 100
1.9 %
AverageAround the average of companies in the same industry
20232025
EBITDA — year on year
DKK millionsKey figures
Annual report 2025| Revenue | 13.1B DKK | +6% |
| EBITDA | 0.3B DKK | +2902% |
| Net profit | 0.3B DKK | +6949% |
| Total assets | 15.5B DKK | +2% |
| Equity | 6.8B DKK | -5% |
| Employees | 20,941 | — |
Company information
Legal name
Aalborg Kommune
CVR number
29189420
Legal form
Primærkommune
NACE code
Founded
1 January 2007 · 19 years
Share capital
—
Employees
20,941 (FTE)
VAT registered
No
Audit selected
No
Last report
2025-12-31
Financial year
January – December
Address
Boulevarden 13, 9000 Aalborg
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Financial development
In its most recent annual report (2025), Aalborg Kommune reported revenue of DKK 13.1bn, an increase of 6% on the year before. The figures on this page draw on 3 annual filings covering 2023 to 2025. The bottom line showed a net profit of DKK 289.0m, and the EBITDA margin stood at 2.1%.
At the end of 2025, equity financed 43.7% of the balance sheet, and current assets covered short-term debt 0.7 times.
Financials
Revenue
DKK millionsEBITDA
DKK millionsIncome statement
DKK thousands| Item | 2025 | 2024 | 2023 |
|---|---|---|---|
| Revenue | 13,092,800 | 12,352,300 | 11,222,600 |
| Staff expenses | — | — | — |
| EBITDA | 277,400 | -9,900 | 34,100 |
| Depreciation & amort. | — | — | — |
| EBIT | 277,400 | -9,900 | 34,100 |
| Net financials | 11,600 | 14,000 | -7,900 |
| Profit before tax | 289,000 | 4,100 | 26,200 |
| Tax | — | — | — |
| Net profit | 289,000 | 4,100 | 26,200 |
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Balance sheet
DKK thousands| Item | 2025 | 2024 | 2023 |
|---|---|---|---|
| Total assets | 15,527,000 | 15,231,229 | 15,163,000 |
| Equity | 6,786,000 | 7,109,701 | 7,254,100 |
| Long-term debt | 3,570,900 | 2,942,111 | 3,094,600 |
| Short-term debt | 1,160,600 | 1,170,979 | 810,700 |
| Total debt | 4,731,500 | 4,113,090 | 3,905,300 |
Financial ratios
5-year trendEBITDA margin
2.1 %
20232025
Equity ratio
43.7 %
WeakAmong the 40% lowest rated companies in the industry
20232025
Return on equity
4.3 %
StrongAmong the 40% highest rated companies in the industry
20232025
Net profit margin
2.2 %
AverageAround the average of companies in the same industry
20232025
Asset turnover
0.84×
Very strongAmong the 10% highest rated companies in the industry
20232025
Debt / equity
1.29×
WeakAmong the 40% lowest rated companies in the industry
20232025
Sector performance
27 of 28 ratios graded28 financial ratios from the latest filing, each graded against companies in the same industry.
Profitability
Gross marginVery weak
Among the 20% lowest rated companies in the industry
The gross result as a share of revenue — how much of the revenue is left after variable costs to cover the company's fixed costs.
Operating marginAverage
Around the average of companies in the same industry
EBIT as a share of revenue — the share of revenue remaining as earnings once all operating costs are covered. A key measure of earning power.
Net profit marginAverage
Around the average of companies in the same industry
The profit for the year as a share of revenue — the company's ability to turn revenue into profit.
Return on equity (ROE)Strong
Among the 40% highest rated companies in the industry
Net profit as a percentage of equity — the return the owners earned on their invested capital this year.
Return on assets (ROA)Average
Around the average of companies in the same industry
Net profit as a percentage of total assets — the return generated on the capital employed.
Return on net assets (RONA)Average
Around the average of companies in the same industry
Profit relative to net assets (total assets minus total debt) — the ability to generate earnings from the net asset base alone.
Basic earning power (BEP)Weak
Among the 30% lowest rated companies in the industry
EBIT relative to total assets — the company's earning power before the effects of tax and financial leverage.
Capacity ratioVery strong
Among the 10% highest rated companies in the industry
Shows how strongly fixed costs weigh on the gross result — a high ratio means fixed costs take only a small bite out of the earnings from basic operations.
Liquidity
Current ratioVery weak
Among the 20% lowest rated companies in the industry
Current assets relative to short-term debt — the ability to settle short-term obligations with current assets alone. Around 150% is considered satisfactory from a credit perspective.
Quick ratioVery weak
Among the 20% lowest rated companies in the industry
Current assets excluding inventory relative to short-term debt — whether the most liquid assets alone can cover the short-term obligations. A value of 1 or above signals a healthy liquidity position.
Cash ratioVery weak
Among the 10% lowest rated companies in the industry
Cash relative to short-term debt — the ability to repay short-term obligations with cash alone.
Current assets to equityVery strong
Among the 10% highest rated companies in the industry
Current assets relative to equity — an indicator of the balance-sheet structure and of the company's short- and long-term financing. The healthy level is highly industry-dependent.
Fixed assets to long-term capitalVery weak
Among the 10% lowest rated companies in the industry
Fixed assets relative to long-term capital (equity plus long-term liabilities). Below 100% means the long-term capital finances more than just the fixed assets — a healthier liquidity position.
Cash conversion ratioWeak
Among the 30% lowest rated companies in the industry
Cash flow relative to profit — the ability to convert reported profits into accessible cash.
Debt & solvency
Solidity ratioWeak
Among the 40% lowest rated companies in the industry
Equity as a share of total assets — the ability to absorb losses. Around 40% is considered satisfactory from a credit perspective.
Debt ratioAverage
Around the average of companies in the same industry
Total debt relative to the balance-sheet total — the share of the assets financed by debt rather than equity.
Debt to equityWeak
Among the 40% lowest rated companies in the industry
Debt relative to equity — the company's leverage. A higher value means heavier reliance on debt financing.
Liabilities to equityWeak
Among the 30% lowest rated companies in the industry
Total liabilities relative to equity — whether the company operates primarily on borrowed capital or on its own.
Income to debtAverage
Around the average of companies in the same industry
Profit relative to debt — the ability to create earnings while operating with debt.
EBITDA to debtWeak
Among the 30% lowest rated companies in the industry
EBITDA relative to debt — how much operating earnings are available to service the debt.
Interest coverageAverage
Around the average of companies in the same industry
The ability to pay the interest on the company's debt out of its earnings.
Interest rate on debtAverage
Around the average of companies in the same industry
Financial expenses relative to total liabilities — the effective interest rate the company pays on its debt.
Interest marginAverage
Around the average of companies in the same industry
The return on assets minus the interest rate on debt. Positive means the company benefits from operating with debt; negative means the debt makes it worse off.
Efficiency & development
Asset turnoverVery strong
Among the 10% highest rated companies in the industry
Revenue relative to total assets — the ability to generate revenue from the asset base.
Inventory turnoverVery weak
Among the 20% lowest rated companies in the industry
Revenue relative to inventory — how many times a year the inventory is sold and replaced. A low value can indicate weak sales or excess inventory.
One-year change in equityVery weak
Among the 20% lowest rated companies in the industry
The size of this year's increase or decrease in the company's equity.
One-year change in debtVery weak
Among the 20% lowest rated companies in the industry
The size of this year's increase or decrease in the company's debt.
Equity to contributed capitalNot rated
Cannot be graded — the figures this ratio builds on are not available in the latest filing.
Total equity relative to the capital the owners contributed — how the equity has developed from its starting point.
Annual reports & filings
People & ownership
Management
Actively employed in the businessNo data on file.
Board of directors
Non-executive oversightNo data on file.
Shareholders
Active legal ownersNo shareholder data available.
Beneficial ownership (UBO) data access is restricted in Denmark as of September 2025 per the EU 6th AML Directive. Learn more.
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Company hierarchy
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What is the CVR number of Aalborg Kommune?
Aalborg Kommune is registered with CVR / Virk under CVR 29189420.
What is the revenue of Aalborg Kommune?
Aalborg Kommune reported revenue of DKK 13.1bn in 2025.
How many employees does Aalborg Kommune have?
Aalborg Kommune employs 20941 people as of the latest annual report.
Where is Aalborg Kommune headquartered?
Aalborg Kommune's registered address is Boulevarden 13.