Avis Budget Denmark A/S — Credit Rating and Financial Key Figures

CVR number: 19673146
Roskildevej 14, 2620 Albertslund
tel: 70247797
Free credit report Annual report

Credit rating

Company information

Official name
Avis Budget Denmark A/S
Personnel
138 persons
Established
1996
Company form
Limited company
Industry

About Avis Budget Denmark A/S

Avis Budget Denmark A/S (CVR number: 19673146) is a company from ALBERTSLUND. The company reported a net sales of 272.2 mDKK in 2024, demonstrating a decline of -1.8 % compared to the previous year. The operating profit percentage was poor at -19.8 % (EBIT: -54 mDKK), while net earnings were -43.2 mDKK. The profitability of the company measured by Return on Assets (ROA) was -49.9 %, which can be considered poor and Return on Equity (ROE) was -157.5 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 25.5 %, 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. Avis Budget Denmark A/S's liquidity measured by quick ratio was 1.7 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

Net sales (mDKK)

EBIT (mDKK)

Profitability

Solidity

Key figures (mDKK)

See financials
2020
2021
2022
2023
2024
Volume
Net sales164.60213.60259.93277.34272.23
Gross profit-43.10-6.8036.5616.00-11.92
EBIT-78.50-58.40-21.46-30.49-53.98
Net earnings-66.40-43.6027.12-21.77-43.21
Shareholders equity total22.00-21.5028.3026.5328.32
Balance sheet total (assets)82.1069.00136.43102.44110.93
Net debt45.6418.4220.59
Profitability
EBIT-%-47.7 %-27.3 %-8.3 %-11.0 %-19.8 %
ROA-49.5 %-67.7 %16.7 %-24.7 %-49.9 %
ROE-333.7 %-17440.0 %797.6 %-79.4 %-157.5 %
ROI-49.5 %-67.7 %21.3 %-44.0 %-108.9 %
Economic value added (EVA)-79.39-59.51-14.15-25.44-44.29
Solvency
Equity ratio100.0 %19.0 %25.9 %25.5 %
Gearing238.0 %93.7 %99.7 %
Relative net indebtedness %36.4 %16.6 %17.9 %
Liquidity
Quick ratio1.11.61.7
Current ratio1.21.71.7
Cash and cash equivalents21.706.457.65
Capital use efficiency
Trade debtors turnover (days)30.431.432.0
Net working capital %6.6 %13.5 %15.8 %
Credit risk
Credit ratingBBBBBBBBBBBBB

Variable visualization

ROA:-49.9%
Rating: 0/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:25.5%
Rating: 23/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Board member

Companies in the same industry

CreditReports API
  • Company information
  • Financial data
  • Credit risk data
  • All 400,000+ Danish companies

Try the full version of our system for free
Bankruptcy risk visualization example

... and more!

No registration needed.