E.V. AF 1. MAJ 2003 ApS — Credit Rating and Financial Key Figures

CVR number: 58826014
Nordre Boulevard 90, 6800 Varde

Company information

Official name
E.V. AF 1. MAJ 2003 ApS
Established
1976
Company form
Private limited company
Industry

About E.V. AF 1. MAJ 2003 ApS

E.V. AF 1. MAJ 2003 ApS (CVR number: 58826014) is a company from VARDE. The company recorded a gross profit of -11.6 kDKK in 2023. The operating profit was -11.6 kDKK, while net earnings were 221.3 kDKK. The profitability of the company measured by Return on Assets (ROA) was 6 %, which can be considered decent and Return on Equity (ROE) was 5 %, which can be considered decent. The equity ratio, a key indicator for solidity, stood at 95 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. E.V. AF 1. MAJ 2003 ApS's liquidity measured by quick ratio was 17.7 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-10.72-11.41-11.46-10.98-11.55
EBIT-10.72-11.41-11.46-10.98-11.55
Net earnings5.77350.64371.17244.01221.32
Shareholders equity total3 783.224 023.264 281.444 411.054 514.57
Balance sheet total (assets)3 955.754 281.264 660.844 734.294 752.90
Net debt-11.66-13.85-51.07-50.13-70.28
Profitability
EBIT-%
ROA1.9 %9.1 %8.6 %5.7 %6.0 %
ROE0.2 %9.0 %8.9 %5.6 %5.0 %
ROI1.9 %9.4 %9.0 %6.0 %6.3 %
Economic value added (EVA)- 169.30- 162.67- 159.10- 151.27- 147.65
Solvency
Equity ratio95.6 %94.0 %91.9 %93.2 %95.0 %
Gearing
Relative net indebtedness %
Liquidity
Quick ratio59.018.49.011.417.7
Current ratio59.018.49.011.417.7
Cash and cash equivalents11.6613.8551.0750.1370.28
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBAAAA

Variable visualization

ROA:6.04%
Rating: 46/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:95.0%
Rating: 76/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer

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