AUTOFORUM ODENSE ApS — Credit Rating and Financial Key Figures

CVR number: 29927103
Kalørvej 101, Ejlstrup 5200 Odense V

Company information

Official name
AUTOFORUM ODENSE ApS
Established
2006
Domicile
Ejlstrup
Company form
Private limited company
Industry

About AUTOFORUM ODENSE ApS

AUTOFORUM ODENSE ApS (CVR number: 29927103) is a company from ODENSE. The company reported a net sales of 0.6 mDKK in 2023, demonstrating a growth of 19.2 % compared to the previous year. The operating profit percentage was at 2.1 % (EBIT: 0 mDKK), while net earnings were 43 kDKK. The profitability of the company measured by Return on Assets (ROA) was 7.7 %, which can be considered decent and Return on Equity (ROE) was 7.7 %, which can be considered decent. The equity ratio, a key indicator for solidity, stood at 100 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. AUTOFORUM ODENSE ApS's liquidity measured by quick ratio was 3021.8 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 financials

Net sales (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2019
2020
2021
2022
2023
Volume
Net sales860.73803.76322.20527.30628.60
Gross profit62.7714.2125.3933.7413.40
EBIT58.0813.6125.3933.7413.40
Net earnings57.8913.3725.0733.3343.02
Shareholders equity total465.19478.57503.42536.98579.99
Balance sheet total (assets)465.19486.82503.42546.22580.18
Net debt-11.74-15.82-6.92- 140.22-76.14
Profitability
EBIT-%6.7 %1.7 %7.9 %6.4 %2.1 %
ROA13.2 %2.9 %5.1 %6.4 %7.7 %
ROE13.3 %2.8 %5.1 %6.4 %7.7 %
ROI13.3 %2.9 %5.2 %6.5 %7.8 %
Economic value added (EVA)55.775.0019.2326.5412.49
Solvency
Equity ratio100.0 %98.3 %100.0 %98.3 %100.0 %
Gearing
Relative net indebtedness %-1.4 %-0.9 %-2.1 %-24.8 %-12.1 %
Liquidity
Quick ratio23.315.23 021.8
Current ratio59.059.13 021.8
Cash and cash equivalents11.7415.826.92140.2276.14
Capital use efficiency
Trade debtors turnover (days)
Net working capital %54.0 %59.5 %156.2 %101.8 %92.3 %
Credit risk
Credit ratingBBBBBBBBBB

Variable visualization

ROA:7.71%
Rating: 51/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:100.0%
Rating: 99/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer

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