A3 DEVELOPMENT ApS — Credit Rating and Financial Key Figures

CVR number: 32322018
Frederikshaldvej 36 E, 8300 Odder
jcfriis@mail.dk
tel: 24461406

Company information

Official name
A3 DEVELOPMENT ApS
Personnel
2 persons
Established
2011
Company form
Private limited company
Industry

About A3 DEVELOPMENT ApS

A3 DEVELOPMENT ApS (CVR number: 32322018) is a company from ODDER. The company recorded a gross profit of 2515.1 kDKK in 2023. The operating profit was 1680.6 kDKK, while net earnings were 1240.4 kDKK. The profitability of the company measured by Return on Assets (ROA) was 37 %, which can be considered excellent and Return on Equity (ROE) was 87.3 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 25.5 %, 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. A3 DEVELOPMENT ApS's liquidity measured by quick ratio was 1.3 which is at a high level. Thus, the company is in a strong financial position, with liquid assets surpassing current liabilities. It is well-prepared to cover short-term financial obligations.

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 profit1 639.10704.441 218.632 292.172 515.12
EBIT931.69716.041 082.691 444.371 680.58
Net earnings744.94551.41817.891 076.741 240.37
Shareholders equity total1 443.51994.911 261.801 521.551 320.37
Balance sheet total (assets)1 970.721 669.922 792.303 946.835 169.21
Net debt-1 077.24- 777.01- 614.47-1 568.59-1 534.24
Profitability
EBIT-%
ROA57.1 %39.8 %48.6 %42.9 %37.0 %
ROE61.0 %45.2 %72.5 %77.4 %87.3 %
ROI77.4 %51.7 %60.3 %53.1 %44.4 %
Economic value added (EVA)682.70532.48848.701 142.741 395.39
Solvency
Equity ratio73.2 %59.6 %45.2 %38.6 %25.5 %
Gearing33.2 %79.3 %107.7 %234.9 %
Relative net indebtedness %
Liquidity
Quick ratio4.02.51.61.51.3
Current ratio4.02.51.61.51.3
Cash and cash equivalents1 077.241 107.751 615.083 207.674 635.28
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBAAA

Variable visualization

ROA:37.0%
Rating: 87/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:25.5%
Rating: 23/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

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