TAXIVOGNMAND OSMAN KUCUKAVCI APS — Credit Rating and Financial Key Figures
Credit rating
Company information
About TAXIVOGNMAND OSMAN KUCUKAVCI APS
TAXIVOGNMAND OSMAN KUCUKAVCI APS (CVR number: 40103546) is a company from GREVE. The company recorded a gross profit of 235.2 kDKK in 2023. The operating profit was -60.8 kDKK, while net earnings were -48.1 kDKK. The profitability of the company measured by Return on Assets (ROA) was -35 %, which can be considered poor and Return on Equity (ROE) was -72.6 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 30.9 %, a level that can be considered to be low. This means a higher proportion of debt in its capital structure, indicating a greater reliance on borrowed funds. TAXIVOGNMAND OSMAN KUCUKAVCI APS's liquidity measured by quick ratio was 0.5 which is at a low level. Thus, the company may face difficulties in addressing its short-term obligations with its available liquid assets.
Financial information
See financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | 693.33 | ||||
Gross profit | 459.69 | 376.45 | 514.17 | 596.74 | 235.22 |
EBIT | -21.51 | 38.08 | 43.31 | 6.05 | -60.76 |
Net earnings | -28.86 | 31.67 | 33.23 | 4.28 | -48.09 |
Shareholders equity total | 21.14 | 52.81 | 86.04 | 90.32 | 42.22 |
Balance sheet total (assets) | 338.50 | 200.66 | 239.83 | 210.49 | 136.63 |
Net debt | 238.15 | 48.61 | 9.44 | -29.27 | 20.36 |
Profitability | |||||
EBIT-% | -3.1 % | ||||
ROA | -6.4 % | 14.1 % | 19.7 % | 2.7 % | -35.0 % |
ROE | -136.6 % | 85.7 % | 47.9 % | 4.9 % | -72.6 % |
ROI | -7.2 % | 17.4 % | 27.6 % | 4.1 % | -61.0 % |
Economic value added (EVA) | -21.51 | 29.65 | 28.68 | -0.06 | -50.46 |
Solvency | |||||
Equity ratio | 6.2 % | 26.3 % | 35.9 % | 42.9 % | 30.9 % |
Gearing | 1311.3 % | 165.3 % | 101.5 % | 37.0 % | 79.1 % |
Relative net indebtedness % | 40.1 % | ||||
Liquidity | |||||
Quick ratio | 0.4 | 0.6 | 1.2 | 0.9 | 0.5 |
Current ratio | 0.4 | 0.6 | 1.2 | 0.9 | 0.5 |
Cash and cash equivalents | 39.00 | 38.70 | 77.87 | 62.66 | 13.03 |
Capital use efficiency | |||||
Trade debtors turnover (days) | 13.6 | ||||
Net working capital % | -12.3 % | ||||
Credit risk | |||||
Credit rating | BB | B | BB | BB | BB |
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