EVon Denmark ApS — Credit Rating and Financial Key Figures

CVR number: 38175793
Farverland 7, 2600 Glostrup

Company information

Official name
EVon Denmark ApS
Established
2016
Company form
Private limited company
Industry

About EVon Denmark ApS

EVon Denmark ApS (CVR number: 38175793K) is a company from ALBERTSLUND. The company reported a net sales of 1002.3 mDKK in 2022, demonstrating a growth of 37.3 % compared to the previous year. The operating profit percentage was at 3.5 % (EBIT: 34.8 mDKK), while net earnings were 12 mDKK. The profitability of the company measured by Return on Assets (ROA) was 3.5 %, which can be considered weak but Return on Equity (ROE) was 8 %, which can be considered good. The equity ratio, a key indicator for solidity, stood at 15.6 %, a level that can be considered to be very low. This means the company is highly leveraged, with most assets financed through debt. This high level of financial risk could pose challenges in periods of financial distress or rising interest rates. EVon Denmark ApS's liquidity measured by quick ratio was 2.3 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 financials

Net sales (mDKK)

EBIT (mDKK)

Profitability

Solidity

Key figures (mDKK)

See financials
2018
2019
2020
2021
2022
Volume
Net sales580.80686.80694.83729.791 002.29
Gross profit412.98501.11514.63535.25705.06
EBIT5.7017.9118.3323.0734.80
Net earnings-5.583.8310.065.4111.96
Shareholders equity total89.42112.84152.69155.27145.60
Balance sheet total (assets)633.63725.31788.96912.161 101.98
Net debt363.39667.10
Profitability
EBIT-%1.0 %2.6 %2.6 %3.2 %3.5 %
ROA0.9 %2.6 %2.4 %2.7 %3.5 %
ROE-6.8 %3.9 %7.6 %3.5 %8.0 %
ROI1.1 %2.8 %2.4 %2.7 %3.4 %
Economic value added (EVA)-21.81-9.6812.6615.4015.99
Solvency
Equity ratio14.6 %100.0 %100.0 %100.0 %15.6 %
Gearing458.1 %511.5 %
Relative net indebtedness %80.6 %69.1 %
Liquidity
Quick ratio0.52.3
Current ratio0.62.7
Cash and cash equivalents46.1877.62
Capital use efficiency
Trade debtors turnover (days)15.119.4
Net working capital %-12.4 %11.5 %
Credit risk
Credit ratingAABBBBBBBBBAA

Variable visualization

ROA:3.46%
Rating: 37/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:15.6%
Rating: 15/100
-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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