AB Finans af 16-11-16 ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
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 financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2020 | 2021 | 2022 | 2023 | 2024 | |
|---|---|---|---|---|---|
| Volume | |||||
| Net sales | |||||
| Gross profit | 54.61 | 221.71 | 14.15 | -36.29 | -39.19 |
| EBIT | -27.18 | 159.77 | - 627.92 | -95.81 | -39.19 |
| Net earnings | -48.81 | -25.51 | - 598.12 | 209.23 | - 151.77 |
| Shareholders equity total | 4 641.27 | 4 502.76 | 3 790.24 | 3 881.67 | 3 607.89 |
| Balance sheet total (assets) | 4 744.79 | 4 576.79 | 3 802.24 | 3 956.89 | 3 625.39 |
| 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 ratio | 98.2 % | 98.4 % | 99.7 % | 98.1 % | 99.5 % |
| Gearing | 0.6 % | ||||
| Relative net indebtedness % | |||||
| Liquidity | |||||
| Quick ratio | 16.7 | 20.3 | 25.2 | 33.2 | 82.2 |
| Current ratio | 11.2 | 20.3 | 25.2 | 33.2 | 82.2 |
| Cash and cash equivalents | 537.36 | 406.95 | 279.25 | 1 519.39 | 1 387.25 |
| Capital use efficiency | |||||
| Trade debtors turnover (days) | |||||
| Net working capital % | |||||
| Credit risk | |||||
| Credit rating | BBB | BBB | BBB | BBB | BBB |
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