DINES AVITECH ApS — Credit Rating and Financial Key Figures

CVR number: 29616760
Sivvænget 3, 4622 Havdrup
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Company information

Official name
DINES AVITECH ApS
Personnel
1 person
Established
2006
Company form
Private limited company
Industry

About DINES AVITECH ApS

DINES AVITECH ApS (CVR number: 29616760) is a company from SOLRØD. The company recorded a gross profit of 630.2 kDKK in 2023. The operating profit was 329.6 kDKK, while net earnings were 254.3 kDKK. The profitability of the company measured by Return on Assets (ROA) was 52.2 %, which can be considered excellent and Return on Equity (ROE) was 64.3 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 67.8 %, 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. DINES AVITECH ApS's liquidity measured by quick ratio was 3.1 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 financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2019
2020
2021
2022
2023
Volume
Net sales176.65
Gross profit145.18109.8652.18218.08630.21
EBIT33.5063.6832.00118.46329.63
Net earnings26.6043.6423.5288.12254.34
Shareholders equity total212.96256.60280.12308.24482.58
Balance sheet total (assets)375.91416.15443.42550.28712.14
Net debt-90.57- 164.49- 209.04- 399.63- 662.14
Profitability
EBIT-%19.0 %
ROA9.0 %16.1 %7.4 %23.8 %52.2 %
ROE13.3 %18.6 %8.8 %30.0 %64.3 %
ROI9.9 %16.8 %7.6 %26.6 %66.5 %
Economic value added (EVA)33.9051.4029.0094.97268.12
Solvency
Equity ratio56.7 %61.7 %63.2 %56.0 %67.8 %
Gearing65.5 %58.7 %53.8 %48.9 %10.4 %
Relative net indebtedness %-37.9 %
Liquidity
Quick ratio1.62.02.22.33.1
Current ratio1.62.02.22.33.1
Cash and cash equivalents229.98315.21359.69550.28712.14
Capital use efficiency
Trade debtors turnover (days)45.5
Net working capital %54.4 %
Credit risk
Credit ratingBBBBBBBBBBB

Variable visualization

ROA:52.2%
Rating: 96/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:67.8%
Rating: 51/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

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