Budgetauto Åbyhøj ApS

CVR number: 37134856
Tomsagervej 19, 8230 Åbyhøj
info2@budgetauto.dk
tel: 22939385

Credit rating

Company information

Official name
Budgetauto Åbyhøj ApS
Personnel
1 person
Established
2015
Company form
Private limited company
Industry
  • Expand more icon45Wholesale and retail trade and repair of motor vehicles and motorcycles

About Budgetauto Åbyhøj ApS

Budgetauto Åbyhøj ApS (CVR number: 37134856) is a company from AARHUS. The company reported a net sales of 1.3 mDKK in 2023, demonstrating a growth of 6.6 % compared to the previous year. The operating profit percentage was poor at -0.8 % (EBIT: -0 mDKK), while net earnings were -10.1 kDKK. The profitability of the company measured by Return on Assets (ROA) was -4.8 %, which can be considered poor and Return on Equity (ROE) was -92.5 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 3.6 %, a level that can be considered to be very low. This means the company is highly leveraged, with most assets financed through debt. This high level of financial risk could pose challenges in periods of financial distress or rising interest rates. Budgetauto Åbyhøj ApS's liquidity measured by quick ratio was 0.6 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 financials

Net sales (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
20192020202120222023
Volume
Net sales297.68791.361 116.881 236.101 317.36
Gross profit236.39338.16421.04397.44354.31
EBIT23.5312.3240.8817.61-10.13
Net earnings18.164.5331.4313.64-10.13
Shareholders equity total-40.03-29.052.3816.025.89
Balance sheet total (assets)227.00264.54237.88261.85162.23
Net debt118.98100.0681.77-15.1873.05
Profitability
EBIT-%7.9 %1.6 %3.7 %1.4 %-0.8 %
ROA11.1 %4.4 %15.4 %7.0 %-4.8 %
ROE11.2 %1.8 %23.6 %148.2 %-92.5 %
ROI24.7 %6.5 %23.7 %12.5 %-8.9 %
Economic value added (EVA)21.6414.3437.9417.08-6.86
Solvency
Equity ratio-15.0 %-9.9 %1.0 %6.1 %3.6 %
Gearing-475.2 %-658.8 %6321.0 %709.1 %1566.2 %
Relative net indebtedness %65.8 %25.6 %14.9 %9.5 %10.4 %
Liquidity
Quick ratio0.50.50.70.70.6
Current ratio0.60.60.70.80.6
Cash and cash equivalents71.2291.2968.98128.7919.16
Capital use efficiency
Trade debtors turnover (days)60.68.722.710.816.1
Net working capital %-37.4 %-14.2 %-6.5 %-4.8 %-4.4 %
Credit risk
Credit ratingBBBBBBBB

Variable visualization

ROA:-4.78%
Rating: 15/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:3.63%
Rating: 4/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Companies in the same industry

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