AB Finans af 16-11-16 ApS — Credit Rating and Financial Key Figures

CVR number: 17674439
Søtorvet 5, 8600 Silkeborg
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Credit rating

Company information

Official name
AB Finans af 16-11-16 ApS
Personnel
1 person
Established
1994
Company form
Private limited company
Industry

About AB Finans af 16-11-16 ApS

AB Finans af 16-11-16 ApS (CVR number: 17674439) is a company from SILKEBORG. The company recorded a gross profit of -39.2 kDKK in 2024. The operating profit was -39.2 kDKK, while net earnings were -151.8 kDKK. The profitability of the company measured by Return on Assets (ROA) was 2.5 %, which can be considered weak but Return on Equity (ROE) was -4.1 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 99.5 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. AB Finans af 16-11-16 ApS's liquidity measured by quick ratio was 82.2 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

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2020
2021
2022
2023
2024
Volume
Net sales
Gross profit54.61221.7114.15-36.29-39.19
EBIT-27.18159.77- 627.92-95.81-39.19
Net earnings-48.81-25.51- 598.12209.23- 151.77
Shareholders equity total4 641.274 502.763 790.243 881.673 607.89
Balance sheet total (assets)4 744.794 576.793 802.243 956.893 625.39
Net debt- 537.36- 406.95- 279.25-1 494.39-1 387.25
Profitability
EBIT-%
ROA-0.5 %3.5 %-13.3 %10.1 %2.5 %
ROE-1.0 %-0.6 %-14.4 %5.5 %-4.1 %
ROI-0.5 %3.5 %-13.4 %10.2 %2.5 %
Economic value added (EVA)- 332.19-73.45- 856.41- 267.56- 226.89
Solvency
Equity ratio98.2 %98.4 %99.7 %98.1 %99.5 %
Gearing0.6 %
Relative net indebtedness %
Liquidity
Quick ratio16.720.325.233.282.2
Current ratio11.220.325.233.282.2
Cash and cash equivalents537.36406.95279.251 519.391 387.25
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBBBBBBBB

Variable visualization

ROA:2.45%
Rating: 32/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:99.5%
Rating: 93/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Director

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