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

CVR number: 35532722
Naverland 2, 2600 Glostrup

Credit rating

Company information

Official name
AVO XV A/S
Established
2013
Company form
Limited company
Industry

About AVO XV A/S

AVO XV A/S (CVR number: 35532722) is a company from ALBERTSLUND. The company recorded a gross profit of 19.8 kDKK in 2023. The operating profit was 19.8 kDKK, while net earnings were 76.6 kDKK. The profitability of the company measured by Return on Assets (ROA) was 3.6 %, which can be considered weak but Return on Equity (ROE) was 6.1 %, which can be considered decent. The equity ratio, a key indicator for solidity, stood at 21.7 %, 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. AVO XV A/S's liquidity measured by quick ratio was 6.6 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 profit46.6360.1132.5734.8819.79
EBIT66.6360.1132.57-38.3619.79
Net earnings113.4272.9077.0640.6876.60
Shareholders equity total1 023.591 096.481 173.551 214.231 290.83
Balance sheet total (assets)5 183.355 406.495 635.475 756.595 954.16
Net debt4 112.534 239.764 331.344 432.184 553.42
Profitability
EBIT-%
ROA4.6 %4.2 %3.7 %2.6 %3.6 %
ROE11.7 %6.9 %6.8 %3.4 %6.1 %
ROI4.6 %4.3 %3.8 %2.6 %3.7 %
Economic value added (EVA)- 179.14- 196.82- 222.64- 284.51- 247.41
Solvency
Equity ratio19.7 %20.3 %20.8 %21.1 %21.7 %
Gearing403.4 %387.4 %369.7 %365.0 %352.8 %
Relative net indebtedness %
Liquidity
Quick ratio8.27.36.76.86.6
Current ratio8.27.36.76.86.6
Cash and cash equivalents16.838.037.750.12
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBBBBBBBB

Variable visualization

ROA:3.65%
Rating: 38/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:21.7%
Rating: 20/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chairman of the board

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