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

CVR number: 17674439
Søtorvet 5, 8600 Silkeborg
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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 -36.3 kDKK in 2023. The operating profit was -95.8 kDKK, while net earnings were 209.2 kDKK. The profitability of the company measured by Return on Assets (ROA) was 10.1 %, which can be considered good but Return on Equity (ROE) was 5.5 %, which can be considered decent. The equity ratio, a key indicator for solidity, stood at 98.1 %, 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 33.2 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
2019
2020
2021
2022
2023
Volume
Net sales
Gross profit3.4254.61221.7114.15-36.29
EBIT-81.65-27.18159.77- 627.92-95.81
Net earnings-85.23-48.81-25.51- 598.12209.23
Shareholders equity total4 800.684 641.274 502.763 790.243 881.67
Balance sheet total (assets)6 099.044 744.794 576.793 802.243 956.89
Net debt- 554.13- 537.36- 406.95- 279.25-1 494.39
Profitability
EBIT-%
ROA-0.6 %-0.5 %3.5 %-13.3 %10.1 %
ROE-1.7 %-1.0 %-0.6 %-14.4 %5.5 %
ROI-0.7 %-0.5 %3.5 %-13.4 %10.2 %
Economic value added (EVA)- 290.41- 232.93-46.45- 835.96- 253.53
Solvency
Equity ratio78.7 %98.2 %98.4 %99.7 %98.1 %
Gearing26.4 %0.6 %
Relative net indebtedness %
Liquidity
Quick ratio10.516.720.325.233.2
Current ratio10.511.220.325.233.2
Cash and cash equivalents1 823.37537.36406.95279.251 519.39
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingAAABBBA

Variable visualization

ROA:10.1%
Rating: 58/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:98.1%
Rating: 79/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Director

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