AROVIT DRY PETFOOD A/S — Credit Rating and Financial Key Figures
Credit rating
Company information
About AROVIT DRY PETFOOD A/S
AROVIT DRY PETFOOD A/S (CVR number: 35518347) is a company from ESBJERG. The company recorded a gross profit of -6 kDKK in 2023. The operating profit was -6 kDKK, while net earnings were 20 kDKK. The profitability of the company measured by Return on Assets (ROA) was 3.2 %, which can be considered weak and Return on Equity (ROE) was 2.5 %, which can be considered weak. The equity ratio, a key indicator for solidity, stood at 98.6 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. AROVIT DRY PETFOOD A/S's liquidity measured by quick ratio was 69.4 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 | -48.09 | -45.38 | 233.50 | -1.00 | -6.00 |
EBIT | -48.09 | -45.38 | 233.50 | -1.00 | -6.00 |
Net earnings | -35.29 | -40.08 | 179.56 | 20.00 | |
Shareholders equity total | 661.47 | 621.39 | 800.96 | 801.00 | 821.00 |
Balance sheet total (assets) | 1 059.67 | 1 016.42 | 964.04 | 807.00 | 833.00 |
Net debt | 346.74 | 370.11 | 129.54 | ||
Profitability | |||||
EBIT-% | |||||
ROA | -5.0 % | -4.4 % | 23.6 % | 3.2 % | |
ROE | -5.2 % | -6.2 % | 25.2 % | 2.5 % | |
ROI | -5.2 % | -4.4 % | 23.9 % | 3.2 % | |
Economic value added (EVA) | -69.72 | -66.89 | 152.04 | -40.19 | -44.87 |
Solvency | |||||
Equity ratio | 62.4 % | 61.1 % | 83.1 % | 99.3 % | 98.6 % |
Gearing | 58.3 % | 61.6 % | 18.8 % | ||
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 2.7 | 2.6 | 5.9 | 134.5 | 69.4 |
Current ratio | 2.7 | 2.6 | 5.9 | 134.5 | 69.4 |
Cash and cash equivalents | 38.95 | 12.42 | 21.04 | ||
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | BB | BB | B | B | BB |
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