AVS HOLDING A/S — Credit Rating and Financial Key Figures
Credit rating
Company information
About AVS HOLDING A/S
AVS HOLDING A/S (CVR number: 65165112) is a company from Høje-Taastrup. The company reported a net sales of -0.3 mDKK in 2023, demonstrating a decline of -118.3 % compared to the previous year. The operating profit percentage was poor at 0 % (EBIT: -0.3 mDKK), while net earnings were -227.1 kDKK. The profitability of the company measured by Return on Assets (ROA) was -1.8 %, which can be considered poor and Return on Equity (ROE) was -2.1 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 89.1 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. AVS HOLDING A/S's liquidity measured by quick ratio was 2.8 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 financialsNet sales (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | 467.99 | 366.72 | 1 053.00 | 1 371.78 | - 250.67 |
Gross profit | 459.44 | 357.88 | 1 044.20 | 1 361.22 | - 267.73 |
EBIT | 459.44 | 357.88 | 1 044.20 | 1 361.22 | - 267.73 |
Net earnings | 484.58 | 348.12 | 1 073.04 | 1 249.31 | - 227.09 |
Shareholders equity total | 8 616.25 | 8 856.37 | 9 818.81 | 10 955.11 | 10 728.03 |
Balance sheet total (assets) | 8 916.65 | 9 282.02 | 10 590.10 | 11 927.08 | 12 037.31 |
Net debt | - 889.94 | - 760.00 | - 480.85 | - 205.02 | -1 922.00 |
Profitability | |||||
EBIT-% | 98.2 % | 97.6 % | 99.2 % | 99.2 % | |
ROA | 5.7 % | 4.2 % | 10.9 % | 12.3 % | -1.8 % |
ROE | 5.8 % | 4.0 % | 11.5 % | 12.0 % | -2.1 % |
ROI | 5.8 % | 4.3 % | 11.1 % | 12.6 % | -1.9 % |
Economic value added (EVA) | 456.40 | 369.99 | 1 049.78 | 1 415.41 | - 190.39 |
Solvency | |||||
Equity ratio | 96.6 % | 95.4 % | 92.7 % | 91.9 % | 89.1 % |
Gearing | 1.5 % | 2.4 % | 5.0 % | 6.0 % | 8.7 % |
Relative net indebtedness % | -153.5 % | -148.5 % | -19.0 % | 8.0 % | 617.8 % |
Liquidity | |||||
Quick ratio | 8.7 | 3.0 | 2.9 | 2.1 | 2.8 |
Current ratio | 8.7 | 3.0 | 2.9 | 2.1 | 2.8 |
Cash and cash equivalents | 1 018.93 | 970.12 | 971.42 | 861.75 | 2 858.02 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | 22.4 % | -44.1 % | 1.0 % | -5.1 % | -583.9 % |
Credit risk | |||||
Credit rating | AA | A | AA | AA | BBB |
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