AB INVENTECH A/S — Credit Rating and Financial Key Figures

CVR number: 26988802
E Christensens Vej 76, 7430 Ikast
mail@ab-inventech.dk
tel: 97151788

Credit rating

Company information

Official name
AB INVENTECH A/S
Personnel
102 persons
Established
2004
Company form
Limited company
Industry

About AB INVENTECH A/S

AB INVENTECH A/S (CVR number: 26988802) is a company from IKAST-BRANDE. The company recorded a gross profit of 48.9 mDKK in 2023. The operating profit was -9481.8 kDKK, while net earnings were -8515.4 kDKK. The profitability of the company measured by Return on Assets (ROA) was -12.7 %, which can be considered poor and Return on Equity (ROE) was -54.4 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 2.7 %, 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. AB INVENTECH A/S's liquidity measured by quick ratio was 1 which is at a modest level. Thus, the company's liquid assets are in relative balance with its short-term liabilities, indicating a moderate liquidity position. While it's likely to meet its current obligations, financial flexibility may be constrained, and unexpected costs could pose challenges.

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 profit53 238.0079 342.0068 927.0034 173.3848 854.99
EBIT14 082.0029 368.0014 977.00-15 703.64-9 481.85
Net earnings10 428.0022 351.0011 521.00-12 666.27-8 515.44
Shareholders equity total21 827.0030 212.0041 733.0029 066.302 215.86
Balance sheet total (assets)60 615.0085 454.0087 428.0066 754.0479 094.29
Net debt3 266.9334 847.56
Profitability
EBIT-%
ROA24.0 %40.2 %17.3 %-20.2 %-12.7 %
ROE51.1 %85.9 %32.0 %-35.8 %-54.4 %
ROI30.3 %40.2 %17.3 %-25.2 %-24.4 %
Economic value added (EVA)13 567.5728 271.1913 458.85-14 291.21-8 634.97
Solvency
Equity ratio100.0 %100.0 %100.0 %41.3 %2.7 %
Gearing11.6 %1573.5 %
Relative net indebtedness %
Liquidity
Quick ratio1.81.0
Current ratio2.01.1
Cash and cash equivalents96.2319.76
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBABBBBBB

Variable visualization

ROA:-12.7%
Rating: 7/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:2.67%
Rating: 3/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chairman of the board
Board member
Board member
Chief executive officer

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