ODENSE AAFART ApS — Credit Rating and Financial Key Figures

CVR number: 87806316
Carl Plougs Vænge 3, 5230 Odense M
morten@aafart.dk
tel: 65957896
aafart.dk

Credit rating

Company information

Official name
ODENSE AAFART ApS
Personnel
26 persons
Established
1978
Company form
Private limited company
Industry
  • Expand more icon47Retail trade, except of motor vehicles and motorcycles

About ODENSE AAFART ApS

ODENSE AAFART ApS (CVR number: 87806316) is a company from ODENSE. The company recorded a gross profit of 3680.3 kDKK in 2023. The operating profit was 844.1 kDKK, while net earnings were 681.1 kDKK. The profitability of the company measured by Return on Assets (ROA) was 29.8 %, which can be considered excellent and Return on Equity (ROE) was 56.2 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 41.8 %, a level that can be considered to be modest. This means a balanced mix of debt and equity financing its assets—a typical operational level for many companies. ODENSE AAFART ApS's liquidity measured by quick ratio was 0.8 which is at a modest level. Thus, the company's liquid assets are in relative balance with its short-term liabilities, indicating a moderate liquidity position. While it's likely to meet its current obligations, financial flexibility may be constrained, and unexpected costs could pose challenges.

Financial information

See financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
20192020202120222023
Volume
Net sales
Gross profit2 223.852 650.112 946.733 559.333 680.27
EBIT-75.23600.90500.06933.25844.07
Net earnings-79.56434.78369.04695.53681.10
Shareholders equity total121.13555.91624.951 020.481 401.58
Balance sheet total (assets)1 481.582 482.992 107.892 419.593 355.57
Net debt109.49- 113.39-1 058.03- 937.58-94.23
Profitability
EBIT-%
ROA-3.7 %31.2 %22.6 %41.6 %29.8 %
ROE-13.6 %128.4 %62.5 %84.5 %56.2 %
ROI-8.1 %70.9 %38.9 %61.0 %39.6 %
Economic value added (EVA)- 113.67462.83372.26750.46737.26
Solvency
Equity ratio8.2 %22.4 %29.7 %42.4 %41.8 %
Gearing171.3 %147.8 %28.8 %48.9 %81.1 %
Relative net indebtedness %
Liquidity
Quick ratio0.61.51.61.60.8
Current ratio0.71.61.71.80.9
Cash and cash equivalents97.99935.251 238.241 436.221 231.23
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBAA

Variable visualization

ROA:29.8%
Rating: 83/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:41.8%
Rating: 34/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer

Companies in the same industry

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