AVK HOLDING A/S — Credit Rating and Financial Key Figures
Credit rating
Company information
About AVK HOLDING A/S
AVK HOLDING A/S (CVR number: 44782510) is a company from SKANDERBORG. The company reported a net sales of 196.9 mDKK in 2024, demonstrating a growth of 17.6 % compared to the previous year. The operating profit percentage was poor at -15.2 % (EBIT: -30 mDKK), while net earnings were 448.7 mDKK. The profitability of the company measured by Return on Assets (ROA) was 11.3 %, which can be considered good and Return on Equity (ROE) was 13.5 %, which can be considered good. The equity ratio, a key indicator for solidity, stood at 60.8 %, 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 0.8 which is at a low level. Thus, the company may face difficulties in addressing its short-term obligations with its available liquid assets.
Financial information
See financialsNet sales (mDKK)
EBIT (mDKK)
Profitability
Solidity
Key figures (mDKK)
See financials2020 | 2021 | 2022 | 2023 | 2024 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | 132.41 | 168.77 | 174.02 | 167.44 | 196.92 |
Gross profit | 91.94 | 115.69 | 129.82 | 129.79 | 146.52 |
EBIT | -13.97 | 0.99 | -14.22 | -20.38 | -30.01 |
Net earnings | 244.88 | 422.42 | 461.05 | 408.91 | 448.71 |
Shareholders equity total | 1 859.23 | 2 306.44 | 2 881.83 | 3 140.51 | 3 508.17 |
Balance sheet total (assets) | 2 758.41 | 3 024.82 | 3 845.30 | 4 357.30 | 5 772.87 |
Net debt | 779.61 | 624.25 | 763.33 | 1 106.82 | 2 210.57 |
Profitability | |||||
EBIT-% | -10.6 % | 0.6 % | -8.2 % | -12.2 % | -15.2 % |
ROA | 11.6 % | 16.6 % | 15.4 % | 12.4 % | 11.3 % |
ROE | 13.7 % | 20.3 % | 17.8 % | 13.6 % | 13.5 % |
ROI | 12.1 % | 17.1 % | 15.7 % | 12.5 % | 11.4 % |
Economic value added (EVA) | -21.39 | -13.07 | -21.46 | -29.37 | -31.56 |
Solvency | |||||
Equity ratio | 67.4 % | 76.3 % | 74.9 % | 72.1 % | 60.8 % |
Gearing | 41.9 % | 27.1 % | 31.6 % | 36.6 % | 63.0 % |
Relative net indebtedness % | 668.2 % | 420.8 % | 460.6 % | 693.6 % | 1145.5 % |
Liquidity | |||||
Quick ratio | 0.7 | 0.6 | 2.5 | 1.0 | 0.8 |
Current ratio | 0.7 | 0.7 | 2.6 | 1.0 | 0.8 |
Cash and cash equivalents | 146.40 | 41.89 | |||
Capital use efficiency | |||||
Trade debtors turnover (days) | 1.9 | 0.1 | 0.3 | 0.2 | 0.2 |
Net working capital % | -42.5 % | -39.7 % | 128.5 % | 7.0 % | -184.9 % |
Credit risk | |||||
Credit rating | AA | AA | AA | AA | A |
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