AVK HOLDING A/S

CVR number: 44782510
Søndergade 33, 8464 Galten
tel: 86944833

Credit rating

Company information

Official name
AVK HOLDING A/S
Established
1973
Company form
Limited company
Industry
  • Expand more icon70Activities of head offices; management consultancy activities

About the company

AVK HOLDING A/S (CVR number: 44782510) is a company from SKANDERBORG. The company reported a net sales of 167.4 mDKK in 2023, demonstrating a decline of -3.8 % compared to the previous year. The operating profit percentage was poor at -12.2 % (EBIT: -20.4 mDKK), while net earnings were 408.9 mDKK. The profitability of the company measured by Return on Assets (ROA) was 12.9 %, which can be considered good and Return on Equity (ROE) was 13.6 %, which can be considered good. The equity ratio, a key indicator for solidity, stood at 77.9 %, a level that can be considered to be good. This shows that a large part of the company's assets are funded by shareholders' equity, reducing financial risk. AVK HOLDING A/S's liquidity measured by quick ratio was 1 which is at a modest level. Thus, the company's liquid assets are in relative balance with its short-term liabilities, indicating a moderate liquidity position. While it's likely to meet its current obligations, financial flexibility may be constrained, and unexpected costs could pose challenges.

Financial information

See financials

Net sales (mDKK)

EBIT (mDKK)

Profitability

Solidity

Key figures (mDKK)

See financials
20192020202120222023
Volume
Net sales125.67132.41168.77174.02167.44
Gross profit81.3391.94115.69129.82129.79
EBIT-20.91-13.970.99-14.22-20.38
Net earnings222.95244.88422.42461.05408.91
Shareholders equity total1 705.071 859.232 306.442 881.833 140.51
Balance sheet total (assets)2 787.762 758.413 024.823 845.304 030.02
Net debt942.99779.61624.25763.33542.73
Profitability
EBIT-%-16.6 %-10.6 %0.6 %-8.2 %-12.2 %
ROA10.9 %11.6 %16.6 %15.4 %12.9 %
ROE13.9 %13.7 %20.3 %17.8 %13.6 %
ROI11.2 %12.1 %17.1 %15.7 %13.1 %
Economic value added (EVA)-30.03-21.39-13.07-21.46-29.37
Solvency
Equity ratio61.2 %67.4 %76.3 %74.9 %77.9 %
Gearing55.3 %41.9 %27.1 %31.6 %26.5 %
Relative net indebtedness %853.5 %668.2 %420.8 %460.6 %350.1 %
Liquidity
Quick ratio0.80.70.62.51.0
Current ratio0.80.70.72.61.0
Cash and cash equivalents146.40289.70
Capital use efficiency
Trade debtors turnover (days)2.71.90.10.30.2
Net working capital %-51.5 %-42.5 %-39.7 %128.5 %7.0 %
Credit risk
Credit ratingAAAAAAAA

Variable visualization

ROA:12.9%
Rating: 63/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:77.9%
Rating: 58/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Board member
Chief executive officer
Board member
Chairman of the board
Board member
Board member
Board member
Chief executive officer
Chief executive officer

Companies in the same industry

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