AVO XIII A/S — Credit Rating and Financial Key Figures

CVR number: 33960204
Naverland 2, 2600 Glostrup

Company information

Official name
AVO XIII A/S
Established
2011
Company form
Limited company
Industry

About AVO XIII A/S

AVO XIII A/S (CVR number: 33960204) is a company from ALBERTSLUND. The company recorded a gross profit of -9.6 kDKK in 2023. The operating profit was -9.6 kDKK, while net earnings were -83.2 kDKK. The profitability of the company measured by Return on Assets (ROA) was 1.1 %, which can be considered weak but Return on Equity (ROE) was -5 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 16.6 %, 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. AVO XIII A/S's liquidity measured by quick ratio was 3.1 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

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2019
2020
2021
2022
2023
Volume
Net sales
Gross profit-7.23-7.47-8.12-22.43-9.61
EBIT-7.23-7.47-8.12-22.43-9.61
Net earnings- 113.87-69.65189.7172.60-83.17
Shareholders equity total1 528.011 458.361 648.071 720.661 637.49
Balance sheet total (assets)9 039.219 147.019 519.189 775.569 882.48
Net debt7 482.277 661.927 837.468 025.758 212.27
Profitability
EBIT-%
ROA0.7 %1.2 %4.0 %2.7 %1.1 %
ROE-7.2 %-4.7 %12.2 %4.3 %-5.0 %
ROI0.7 %1.2 %4.0 %2.7 %1.1 %
Economic value added (EVA)- 133.64- 139.83- 146.71- 164.28- 160.08
Solvency
Equity ratio16.9 %15.9 %17.3 %17.6 %16.6 %
Gearing489.9 %525.4 %475.7 %466.4 %501.5 %
Relative net indebtedness %
Liquidity
Quick ratio3.13.13.13.13.1
Current ratio3.13.13.13.13.1
Cash and cash equivalents2.800.602.21
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBABBBA

Variable visualization

ROA:1.13%
Rating: 26/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:16.6%
Rating: 16/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chairman of the board

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