AVN TEKNIK A/S — Credit Rating and Financial Key Figures
Credit rating
Company information
About AVN TEKNIK A/S
AVN TEKNIK A/S (CVR number: 54579128) is a company from BRØNDBY. The company recorded a gross profit of 17.5 mDKK in 2023. The operating profit was 85.6 kDKK, while net earnings were -890.3 kDKK. The profitability of the company measured by Return on Assets (ROA) was 0.3 %, which can be considered weak but Return on Equity (ROE) was -7.2 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 27.1 %, a level that can be considered to be low. This means a higher proportion of debt in its capital structure, indicating a greater reliance on borrowed funds. AVN TEKNIK A/S'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 | 16 393.35 | 17 037.88 | 16 384.47 | 17 751.41 | 17 539.66 |
EBIT | 1 590.20 | 2 227.20 | 629.42 | 1 502.71 | 85.57 |
Net earnings | 894.24 | 1 567.86 | 170.14 | 655.68 | - 890.31 |
Shareholders equity total | 13 218.37 | 13 786.23 | 12 456.37 | 13 112.05 | 11 721.74 |
Balance sheet total (assets) | 32 096.91 | 36 342.99 | 39 933.61 | 43 964.91 | 43 256.55 |
Net debt | 8 057.61 | 8 813.16 | 9 447.37 | 14 313.44 | 19 450.22 |
Profitability | |||||
EBIT-% | |||||
ROA | 4.9 % | 6.9 % | 1.7 % | 3.7 % | 0.3 % |
ROE | 6.5 % | 11.6 % | 1.3 % | 5.1 % | -7.2 % |
ROI | 7.8 % | 9.9 % | 2.7 % | 5.8 % | 0.4 % |
Economic value added (EVA) | 497.59 | 1 070.07 | - 184.55 | 438.24 | - 490.14 |
Solvency | |||||
Equity ratio | 41.2 % | 37.9 % | 31.2 % | 29.8 % | 27.1 % |
Gearing | 61.0 % | 64.0 % | 75.9 % | 123.0 % | 166.3 % |
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 0.8 | 0.7 | 0.7 | 0.8 | 0.7 |
Current ratio | 1.7 | 1.6 | 1.4 | 1.4 | 1.3 |
Cash and cash equivalents | 7.62 | 8.30 | 9.16 | 1 820.23 | 39.07 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | AA | AAA | A | A | A |
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