AVISTA OIL DANMARK A/S — Credit Rating and Financial Key Figures
Credit rating
Company information
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 financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | |||||
Gross profit | 1 626.00 | - 625.00 | 34 825.00 | 53 051.00 | 41 272.00 |
EBIT | -10 486.00 | -9 265.00 | 1 223.00 | 31 190.00 | 16 235.00 |
Net earnings | 42 564.00 | 5 438.00 | 10 991.00 | 49 008.00 | 22 205.00 |
Shareholders equity total | 98 179.00 | 103 618.00 | 39 093.00 | 63 101.00 | 70 306.00 |
Balance sheet total (assets) | 131 448.00 | 138 874.00 | 71 280.00 | 92 782.00 | 114 093.00 |
Net debt | -28 482.00 | -24 059.00 | |||
Profitability | |||||
EBIT-% | |||||
ROA | -10.6 % | -6.9 % | 1.2 % | 39.0 % | 16.0 % |
ROE | 56.5 % | 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 | -3 983.80 | 35 865.45 | 21 064.68 |
Solvency | |||||
Equity ratio | 100.0 % | 100.0 % | 100.0 % | 68.0 % | 61.6 % |
Gearing | 0.3 % | 6.4 % | |||
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 3.5 | 3.1 | |||
Current ratio | 3.6 | 3.3 | |||
Cash and cash equivalents | 28 644.00 | 28 562.00 | |||
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | BB | BB | BBB | A | AAA |
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