AVISTA OIL DANMARK A/S — Credit Rating and Financial Key Figures

CVR number: 10169291
Juelsmindevej 6, 4400 Kalundborg
avista@avista-oil.dk

Credit rating

Company information

Official name
AVISTA OIL DANMARK A/S
Personnel
30 persons
Established
1986
Company form
Limited company
Industry

About AVISTA OIL DANMARK A/S

AVISTA OIL DANMARK A/S (CVR number: 10169291) is a company from KALUNDBORG. The company recorded a gross profit of 41.3 mDKK in 2023. The operating profit was 16.2 mDKK, while net earnings were 22.2 mDKK. The profitability of the company measured by Return on Assets (ROA) was 16 %, which can be considered excellent and Return on Equity (ROE) was 33.3 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 61.6 %, a level that can be considered to be good. This shows that a large part of the company's assets are funded by shareholders' equity, reducing financial risk. AVISTA OIL DANMARK 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 profit1 626.00- 625.0034 825.0053 051.0041 272.00
EBIT-10 486.00-9 265.001 223.0031 190.0016 235.00
Net earnings42 564.005 438.0010 991.0049 008.0022 205.00
Shareholders equity total98 179.00103 618.0039 093.0063 101.0070 306.00
Balance sheet total (assets)131 448.00138 874.0071 280.0092 782.00114 093.00
Net debt-28 482.00-24 059.00
Profitability
EBIT-%
ROA-10.6 %-6.9 %1.2 %39.0 %16.0 %
ROE56.5 %5.4 %15.4 %95.9 %33.3 %
ROI-11.3 %-6.9 %1.2 %43.2 %18.9 %
Economic value added (EVA)-12 768.69-14 198.49-3 983.8035 865.4521 064.68
Solvency
Equity ratio100.0 %100.0 %100.0 %68.0 %61.6 %
Gearing0.3 %6.4 %
Relative net indebtedness %
Liquidity
Quick ratio3.53.1
Current ratio3.63.3
Cash and cash equivalents28 644.0028 562.00
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBAAAA

Variable visualization

ROA:16.0%
Rating: 68/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:61.6%
Rating: 47/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer

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