AVO XIV A/S — Credit Rating and Financial Key Figures

CVR number: 34714096
Naverland 2, 2600 Glostrup

Company information

Official name
AVO XIV A/S
Established
2012
Company form
Limited company
Industry

About AVO XIV A/S

AVO XIV A/S (CVR number: 34714096) is a company from ALBERTSLUND. The company recorded a gross profit of -58.5 kDKK in 2023. The operating profit was -2850.5 kDKK, while net earnings were -2788.7 kDKK. The profitability of the company measured by Return on Assets (ROA) was -38.5 %, which can be considered poor and Return on Equity (ROE) was -84.2 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at -18.4 %. This indicates that the company's debt surpasses the value of its total assets, posing significant financial risk. AVO XIV A/S's liquidity measured by quick ratio was 6.2 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 sales
Gross profit146.43186.90134.8376.39-58.51
EBIT146.43186.90134.83-30.51-2 850.46
Net earnings117.19157.34123.404.90-2 788.69
Shareholders equity total1 384.571 541.911 665.311 670.21-1 118.48
Balance sheet total (assets)6 910.697 231.447 509.937 664.624 955.88
Net debt5 406.615 617.425 745.715 916.155 936.99
Profitability
EBIT-%
ROA3.9 %4.5 %3.8 %1.8 %-38.5 %
ROE8.8 %10.8 %7.7 %0.3 %-84.2 %
ROI3.9 %4.6 %3.9 %1.8 %-38.8 %
Economic value added (EVA)- 193.21- 167.30- 222.77- 362.87-3 226.94
Solvency
Equity ratio20.0 %21.3 %22.2 %21.8 %-18.4 %
Gearing395.1 %365.4 %345.7 %354.2 %-540.6 %
Relative net indebtedness %
Liquidity
Quick ratio4.64.34.34.36.2
Current ratio4.64.34.34.36.2
Cash and cash equivalents63.7616.3610.73109.44
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingAAABBBBB

Variable visualization

ROA:-38.5%
Rating: 0/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:-18.4%
Rating: 0/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chairman of the board

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