ARVAD FINANSHUS ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About ARVAD FINANSHUS ApS
ARVAD FINANSHUS ApS (CVR number: 36474629) is a company from KØBENHAVN. The company recorded a gross profit of 6684.4 kDKK in 2023. The operating profit was -870.6 kDKK, while net earnings were -1012.1 kDKK. The profitability of the company measured by Return on Assets (ROA) was -25.5 %, which can be considered poor and Return on Equity (ROE) was -51 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at -8.5 %. This indicates that the company's debt surpasses the value of its total assets, posing significant financial risk. ARVAD FINANSHUS ApS's liquidity measured by quick ratio was 0.7 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 financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | |||||
Gross profit | 1 662.49 | 3 103.17 | 4 639.12 | 6 891.49 | 6 684.38 |
EBIT | 393.70 | 672.91 | 402.57 | 540.34 | - 870.62 |
Net earnings | 273.56 | 589.24 | 386.96 | 444.25 | -1 012.12 |
Shareholders equity total | -2 359.43 | -1 770.19 | 266.77 | 711.01 | - 301.10 |
Balance sheet total (assets) | 441.13 | 1 397.59 | 2 148.62 | 3 259.51 | 3 261.23 |
Net debt | 2 206.59 | 935.65 | - 706.65 | 1 123.51 | 2 229.87 |
Profitability | |||||
EBIT-% | |||||
ROA | 13.8 % | 22.6 % | 15.2 % | 20.1 % | -25.5 % |
ROE | 76.4 % | 64.1 % | 46.5 % | 90.9 % | -51.0 % |
ROI | 16.7 % | 34.2 % | 39.2 % | 47.1 % | -41.0 % |
Economic value added (EVA) | 475.76 | 741.22 | 531.48 | 565.56 | - 899.25 |
Solvency | |||||
Equity ratio | -75.1 % | -2.7 % | 15.3 % | 21.8 % | -8.5 % |
Gearing | -93.5 % | -97.8 % | 23.2 % | 177.9 % | -753.5 % |
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 0.5 | 0.9 | 1.0 | 1.0 | 0.7 |
Current ratio | 0.5 | 0.9 | 1.0 | 1.0 | 0.7 |
Cash and cash equivalents | 795.35 | 768.65 | 141.30 | 39.00 | |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | BB | BBB | BBB | BBB | BB |
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