AVO XIV A/S — Credit Rating and Financial Key Figures
Credit rating
Company information
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 financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | |||||
Gross profit | 146.43 | 186.90 | 134.83 | 76.39 | -58.51 |
EBIT | 146.43 | 186.90 | 134.83 | -30.51 | -2 850.46 |
Net earnings | 117.19 | 157.34 | 123.40 | 4.90 | -2 788.69 |
Shareholders equity total | 1 384.57 | 1 541.91 | 1 665.31 | 1 670.21 | -1 118.48 |
Balance sheet total (assets) | 6 910.69 | 7 231.44 | 7 509.93 | 7 664.62 | 4 955.88 |
Net debt | 5 406.61 | 5 617.42 | 5 745.71 | 5 916.15 | 5 936.99 |
Profitability | |||||
EBIT-% | |||||
ROA | 3.9 % | 4.5 % | 3.8 % | 1.8 % | -38.5 % |
ROE | 8.8 % | 10.8 % | 7.7 % | 0.3 % | -84.2 % |
ROI | 3.9 % | 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 ratio | 20.0 % | 21.3 % | 22.2 % | 21.8 % | -18.4 % |
Gearing | 395.1 % | 365.4 % | 345.7 % | 354.2 % | -540.6 % |
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 4.6 | 4.3 | 4.3 | 4.3 | 6.2 |
Current ratio | 4.6 | 4.3 | 4.3 | 4.3 | 6.2 |
Cash and cash equivalents | 63.76 | 16.36 | 10.73 | 109.44 | |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | A | A | A | BBB | BB |
Variable visualization
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