K/S FAXE ALLÉ-VINKELVEJ — Credit Rating and Financial Key Figures

CVR number: 35254099
Marselis Tværvej 4, 8000 Aarhus C

Company information

Official name
K/S FAXE ALLÉ-VINKELVEJ
Established
2013
Company form
Limited partnership
Industry

About K/S FAXE ALLÉ-VINKELVEJ

K/S FAXE ALLÉ-VINKELVEJ (CVR number: 35254099) is a company from AARHUS. The company recorded a gross profit of 822.2 kDKK in 2023. The operating profit was 1072.2 kDKK, while net earnings were 1040.2 kDKK. The profitability of the company measured by Return on Assets (ROA) was 8.4 %, which can be considered good and Return on Equity (ROE) was 12.9 %, which can be considered good. The equity ratio, a key indicator for solidity, stood at 64.9 %, 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. K/S FAXE ALLÉ-VINKELVEJ's liquidity measured by quick ratio was 0.3 which is at a very low level. Thus, the company is in an unstable financial position, with its liquid assets significantly undermatching its current liabilities. This severe liquidity deficiency may lead to financial distress and threaten the company's operational continuity.

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 profit678.00716.00778.00790.00822.21
EBIT903.00940.001 083.001 275.001 072.21
Net earnings819.00901.001 046.001 239.001 040.19
Shareholders equity total5 759.006 260.007 057.007 815.008 370.91
Balance sheet total (assets)11 470.0011 699.0012 143.0012 625.0012 898.07
Net debt5 585.005 238.004 799.004 513.004 205.81
Profitability
EBIT-%
ROA8.0 %8.1 %9.1 %10.3 %8.4 %
ROE14.0 %15.0 %15.7 %16.7 %12.9 %
ROI8.0 %8.2 %9.2 %10.4 %8.5 %
Economic value added (EVA)373.92392.53524.72685.72447.70
Solvency
Equity ratio50.2 %53.5 %58.1 %61.9 %64.9 %
Gearing97.0 %83.7 %70.0 %59.6 %52.3 %
Relative net indebtedness %
Liquidity
Quick ratio0.00.00.30.30.3
Current ratio0.00.00.30.30.3
Cash and cash equivalents144.00147.00170.07
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingAAAAA

Variable visualization

ROA:8.40%
Rating: 53/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:64.9%
Rating: 50/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chairman of the board
Board member

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