ABC LAVPRIS, TARM ApS — Credit Rating and Financial Key Figures

CVR number: 18369184
Åboulevarden 70, 6880 Tarm

Credit rating

Company information

Official name
ABC LAVPRIS, TARM ApS
Personnel
64 persons
Established
1995
Company form
Private limited company
Industry
  • Expand more icon47Retail trade, except of motor vehicles and motorcycles

About ABC LAVPRIS, TARM ApS

ABC LAVPRIS, TARM ApS (CVR number: 18369184) is a company from RINGKØBING-SKJERN. The company recorded a gross profit of 14.9 mDKK in 2023. The operating profit was 3858.9 kDKK, while net earnings were 2771.5 kDKK. The profitability of the company measured by Return on Assets (ROA) was 12.9 %, which can be considered good but Return on Equity (ROE) was 83.8 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 9.3 %, a level that can be considered to be very low. This means the company is highly leveraged, with most assets financed through debt. This high level of financial risk could pose challenges in periods of financial distress or rising interest rates. ABC LAVPRIS, TARM ApS's liquidity measured by quick ratio was 0.2 which is at a very low level. Thus, the company is in an unstable financial position, with its liquid assets significantly undermatching its current liabilities. This severe liquidity deficiency may lead to financial distress and threaten the company's operational continuity.

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 profit15 417.4717 570.7316 234.2115 226.7814 896.16
EBIT5 897.477 542.866 285.644 543.563 858.93
Net earnings4 471.525 805.934 836.153 445.952 771.52
Shareholders equity total4 671.526 005.935 036.153 645.952 971.52
Balance sheet total (assets)26 049.7925 411.0026 315.8228 960.9732 021.82
Net debt14 868.4810 974.8712 154.3314 782.9715 426.33
Profitability
EBIT-%
ROA23.3 %29.7 %24.6 %16.5 %12.9 %
ROE102.5 %108.8 %87.6 %79.4 %83.8 %
ROI31.8 %41.2 %34.8 %22.2 %16.9 %
Economic value added (EVA)4 400.975 651.914 608.043 395.192 992.59
Solvency
Equity ratio17.9 %23.6 %19.1 %12.6 %9.3 %
Gearing319.9 %184.0 %280.7 %489.2 %723.5 %
Relative net indebtedness %
Liquidity
Quick ratio0.00.00.10.20.2
Current ratio0.30.40.40.50.5
Cash and cash equivalents76.7977.001 982.913 051.566 072.08
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingAAAAA

Variable visualization

ROA:12.9%
Rating: 63/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:9.28%
Rating: 9/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer
Chief executive officer

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