AVISTA Green ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About AVISTA Green ApS
AVISTA Green ApS (CVR number: 39656795) is a company from KALUNDBORG. The company reported a net sales of 609.2 mDKK in 2024, demonstrating a growth of 1.5 % compared to the previous year. The operating profit percentage was at 5.2 % (EBIT: 31.8 mDKK), while net earnings were 13.5 mDKK. The profitability of the company measured by Return on Assets (ROA) was 4.2 %, which can be considered decent but Return on Equity (ROE) was 3.8 %, which can be considered weak. The equity ratio, a key indicator for solidity, stood at 51.9 %, a level that can be considered to be modest. This means a balanced mix of debt and equity financing its assets—a typical operational level for many companies. AVISTA Green ApS's liquidity measured by quick ratio was 1.4 which is at a high level. Thus, the company is in a strong financial position, with liquid assets surpassing current liabilities. It is well-prepared to cover short-term financial obligations.
Financial information
See financialsNet sales (mDKK)
EBIT (mDKK)
Profitability
Solidity
Key figures (mDKK)
See financials2020 | 2021 | 2022 | 2023 | 2024 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | 98.08 | 399.18 | 669.79 | 599.95 | 609.21 |
Gross profit | 7.66 | 134.71 | 261.11 | 130.19 | 134.32 |
EBIT | -41.76 | 51.38 | 178.81 | 36.95 | 31.83 |
Net earnings | -40.35 | 29.52 | 134.50 | 18.00 | 13.53 |
Shareholders equity total | 300.76 | 330.27 | 353.21 | 352.55 | 366.08 |
Balance sheet total (assets) | 688.37 | 706.40 | 789.02 | 765.27 | 775.92 |
Net debt | 56.86 | 18.00 | |||
Profitability | |||||
EBIT-% | -42.6 % | 12.9 % | 26.7 % | 6.2 % | 5.2 % |
ROA | -6.8 % | 7.4 % | 23.9 % | 4.9 % | 4.2 % |
ROE | -12.6 % | 9.4 % | 39.4 % | 5.1 % | 3.8 % |
ROI | -6.8 % | 7.4 % | 23.9 % | 4.9 % | 4.3 % |
Economic value added (EVA) | -58.90 | 36.26 | 162.21 | 10.53 | -7.16 |
Solvency | |||||
Equity ratio | 100.0 % | 100.0 % | 100.0 % | 49.8 % | 51.9 % |
Gearing | 21.1 % | 15.8 % | |||
Relative net indebtedness % | 49.0 % | 41.7 % | |||
Liquidity | |||||
Quick ratio | 0.3 | 1.4 | |||
Current ratio | 2.2 | 2.9 | |||
Cash and cash equivalents | 17.62 | 39.66 | |||
Capital use efficiency | |||||
Trade debtors turnover (days) | 27.9 | ||||
Net working capital % | 12.3 % | 24.2 % | |||
Credit risk | |||||
Credit rating | BBB | BBB | BBB | AAA | AAA |
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