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 -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 financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | |||||
Gross profit | 3.42 | 54.61 | 221.71 | 14.15 | -36.29 |
EBIT | -81.65 | -27.18 | 159.77 | - 627.92 | -95.81 |
Net earnings | -85.23 | -48.81 | -25.51 | - 598.12 | 209.23 |
Shareholders equity total | 4 800.68 | 4 641.27 | 4 502.76 | 3 790.24 | 3 881.67 |
Balance sheet total (assets) | 6 099.04 | 4 744.79 | 4 576.79 | 3 802.24 | 3 956.89 |
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 ratio | 78.7 % | 98.2 % | 98.4 % | 99.7 % | 98.1 % |
Gearing | 26.4 % | 0.6 % | |||
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 10.5 | 16.7 | 20.3 | 25.2 | 33.2 |
Current ratio | 10.5 | 11.2 | 20.3 | 25.2 | 33.2 |
Cash and cash equivalents | 1 823.37 | 537.36 | 406.95 | 279.25 | 1 519.39 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | A | A | A | BBB | A |
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