White Avenue Group A/S — Credit Rating and Financial Key Figures

CVR number: 37628174
Lundagervej 45 B, 8723 Løsning

Company information

Official name
White Avenue Group A/S
Personnel
13 persons
Established
2016
Company form
Limited company
Industry

About White Avenue Group A/S

White Avenue Group A/S (CVR number: 37628174) is a company from HEDENSTED. The company recorded a gross profit of 5166 kDKK in 2024. The operating profit was 1622.9 kDKK, while net earnings were 678.5 kDKK. The profitability of the company measured by Return on Assets (ROA) was 10.2 %, which can be considered good and Return on Equity (ROE) was 12.5 %, which can be considered good. The equity ratio, a key indicator for solidity, stood at 39.5 %, 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. White Avenue Group A/S'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 profit5 773.566 830.306 368.845 653.645 165.96
EBIT2 779.712 830.761 006.941 428.161 622.94
Net earnings1 214.221 663.13100.0272.13678.46
Shareholders equity total3 267.684 930.815 030.825 102.965 781.42
Balance sheet total (assets)7 199.3114 134.5918 091.4317 137.0214 629.25
Net debt- 248.691 826.072 909.472 099.523 662.25
Profitability
EBIT-%
ROA29.5 %24.9 %5.2 %7.5 %10.2 %
ROE45.6 %40.6 %2.0 %1.4 %12.5 %
ROI69.3 %42.8 %9.8 %17.2 %19.2 %
Economic value added (EVA)2 007.742 024.40372.18447.42817.62
Solvency
Equity ratio46.6 %34.9 %28.3 %30.4 %39.5 %
Gearing0.6 %44.8 %59.1 %41.6 %63.5 %
Relative net indebtedness %
Liquidity
Quick ratio0.80.80.60.60.4
Current ratio1.81.91.71.91.4
Cash and cash equivalents267.02382.8965.9421.3711.32
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingAABBBBBBA

Variable visualization

ROA:10.2%
Rating: 58/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:39.5%
Rating: 33/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

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