Avisen Ikast ApS — Credit Rating and Financial Key Figures

CVR number: 26046467
Papirfabrikken 26, 8600 Silkeborg

Credit rating

Company information

Official name
Avisen Ikast ApS
Personnel
1 person
Established
2001
Company form
Private limited company
Industry

About Avisen Ikast ApS

Avisen Ikast ApS (CVR number: 26046467) is a company from SILKEBORG. The company recorded a gross profit of 1076.6 kDKK in 2024. The operating profit was 682 kDKK, while net earnings were -138.9 kDKK. The profitability of the company measured by Return on Assets (ROA) was 2.9 %, which can be considered weak but Return on Equity (ROE) was -1.9 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 30.5 %, 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. Avisen Ikast ApS's liquidity measured by quick ratio was 0.4 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
2020
2021
2022
2023
2024
Volume
Net sales
Gross profit950.48575.64302.1866.321 076.58
EBIT452.6577.82- 168.975 317.00682.05
Net earnings237.43-51.56- 230.373 686.09- 138.92
Shareholders equity total3 900.953 849.403 619.027 305.127 166.19
Balance sheet total (assets)18 095.3817 550.3717 837.9223 037.2923 473.72
Net debt11 294.2011 041.2311 935.6112 989.4513 044.85
Profitability
EBIT-%
ROA2.4 %0.4 %-1.0 %26.0 %2.9 %
ROE5.9 %-1.3 %-6.2 %67.5 %-1.9 %
ROI2.5 %0.4 %-1.0 %27.5 %3.1 %
Economic value added (EVA)- 574.27- 824.45-1 003.483 296.92- 560.77
Solvency
Equity ratio21.6 %21.9 %20.3 %31.7 %30.5 %
Gearing340.0 %336.7 %354.5 %177.9 %188.2 %
Relative net indebtedness %
Liquidity
Quick ratio3.23.81.20.10.4
Current ratio3.23.81.20.10.4
Cash and cash equivalents1 968.091 921.21892.548.04444.71
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingABBBBBBBBBBBB

Variable visualization

ROA:2.94%
Rating: 35/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:30.5%
Rating: 27/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer
Board member
Chairman of the board

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