AVK TOOLING A/S — Credit Rating and Financial Key Figures

CVR number: 10209994
Granlyvej 2, 9300 Sæby
tel: 98462403

Credit rating

Company information

Official name
AVK TOOLING A/S
Personnel
66 persons
Established
1986
Company form
Limited company
Industry
  • Expand more icon25Manufacture of fabricated metal products, except machinery and equipment

About AVK TOOLING A/S

AVK TOOLING A/S (CVR number: 10209994) is a company from FREDERIKSHAVN. The company recorded a gross profit of 62.9 mDKK in 2024. The operating profit was 15.3 mDKK, while net earnings were 4363.1 kDKK. The profitability of the company measured by Return on Assets (ROA) was 7.7 %, which can be considered decent but Return on Equity (ROE) was 8.7 %, which can be considered good. The equity ratio, a key indicator for solidity, stood at 33.9 %, 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. AVK TOOLING A/S'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
2020
2021
2022
2023
2024
Volume
Net sales
Gross profit68 740.0072 542.7163 487.8971 811.1262 900.88
EBIT21 934.1216 720.717 263.6315 699.3215 311.74
Net earnings18 745.7416 828.217 425.9210 952.544 363.06
Shareholders equity total52 789.6039 403.0240 065.8751 920.4147 971.47
Balance sheet total (assets)149 516.25147 896.10153 633.09185 658.77142 748.03
Net debt39 675.2642 715.9237 671.4040 835.1431 050.83
Profitability
EBIT-%
ROA18.4 %15.0 %7.5 %11.7 %7.7 %
ROE40.6 %36.5 %18.7 %23.8 %8.7 %
ROI26.0 %22.6 %12.5 %19.9 %12.0 %
Economic value added (EVA)14 184.199 531.743 019.609 725.859 159.11
Solvency
Equity ratio35.6 %26.6 %26.1 %28.2 %33.9 %
Gearing75.2 %108.7 %94.3 %79.5 %65.1 %
Relative net indebtedness %
Liquidity
Quick ratio1.40.80.91.01.2
Current ratio1.81.31.51.41.7
Cash and cash equivalents18.9297.18104.57427.61159.91
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingAABBBAA

Variable visualization

ROA:7.70%
Rating: 51/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:33.9%
Rating: 29/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Board member
Board member
Chairman of the board
Board member

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