Audo A/S — Credit Rating and Financial Key Figures
Credit rating
Company information
About Audo A/S
Audo A/S (CVR number: 15214236) is a company from KØBENHAVN. The company reported a net sales of 303.6 mDKK in 2024, demonstrating a decline of -5.2 % compared to the previous year. The operating profit percentage was poor at -8 % (EBIT: -24.3 mDKK), while net earnings were -18.9 mDKK. The profitability of the company measured by Return on Assets (ROA) was -7.9 %, which can be considered poor and Return on Equity (ROE) was -26.3 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 26.6 %, 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. Audo A/S's liquidity measured by quick ratio was 1.8 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 financialsNet sales (mDKK)
EBIT (mDKK)
Profitability
Solidity
Key figures (mDKK)
See financials2020 | 2021 | 2022 | 2023 | 2024 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | 123.76 | 265.49 | 500.83 | 320.20 | 303.56 |
Gross profit | 29.06 | 97.59 | 140.50 | 54.95 | 49.69 |
EBIT | -8.45 | 43.25 | 30.88 | -31.32 | -24.29 |
Net earnings | -5.09 | 31.63 | 26.45 | -21.91 | -18.88 |
Shareholders equity total | 26.68 | 52.94 | 103.00 | 81.14 | 62.26 |
Balance sheet total (assets) | 167.03 | 161.13 | 287.45 | 253.76 | 245.22 |
Net debt | 31.94 | 30.15 | 94.98 | 95.19 | 106.98 |
Profitability | |||||
EBIT-% | -6.8 % | 16.3 % | 6.2 % | -9.8 % | -8.0 % |
ROA | -1.6 % | 26.8 % | 18.4 % | -7.6 % | -7.9 % |
ROE | -13.7 % | 79.5 % | 33.9 % | -23.8 % | -26.3 % |
ROI | -1.8 % | 39.3 % | 25.6 % | -10.0 % | -10.0 % |
Economic value added (EVA) | -9.01 | 27.97 | 17.86 | -33.41 | -27.95 |
Solvency | |||||
Equity ratio | 16.4 % | 32.9 % | 35.8 % | 33.0 % | 26.6 % |
Gearing | 330.1 % | 71.3 % | 103.1 % | 131.1 % | 204.5 % |
Relative net indebtedness % | 67.3 % | 36.0 % | 33.7 % | 48.6 % | 51.1 % |
Liquidity | |||||
Quick ratio | 1.5 | 1.0 | 1.7 | 2.0 | 1.8 |
Current ratio | 1.9 | 1.9 | 2.6 | 2.6 | 2.1 |
Cash and cash equivalents | 56.14 | 7.57 | 11.25 | 11.20 | 20.36 |
Capital use efficiency | |||||
Trade debtors turnover (days) | 50.1 | 37.1 | 29.9 | 34.7 | 31.7 |
Net working capital % | 49.2 % | 21.3 % | 28.5 % | 40.0 % | 33.6 % |
Credit risk | |||||
Credit rating | A | AA | AA | A | BBB |
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