SVENDBORGVEJ 90 ODENSE ApS — Credit Rating and Financial Key Figures

CVR number: 29628033
Vrøndingvej 3, 8700 Horsens
ryan.rahbaek@autohuset-vestergaard.dk
tel: 75820311

Company information

Official name
SVENDBORGVEJ 90 ODENSE ApS
Established
2006
Company form
Private limited company
Industry

About SVENDBORGVEJ 90 ODENSE ApS

SVENDBORGVEJ 90 ODENSE ApS (CVR number: 29628033) is a company from HORSENS. The company recorded a gross profit of 7166.4 kDKK in 2023. The operating profit was 7666.4 kDKK, while net earnings were 4797.2 kDKK. The profitability of the company measured by Return on Assets (ROA) was 12.1 %, which can be considered good but Return on Equity (ROE) was 25.9 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 29.4 %, 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. SVENDBORGVEJ 90 ODENSE ApS's liquidity measured by quick ratio was 0.1 which is at a very low level. Thus, the company is in an unstable financial position, with its liquid assets significantly undermatching its current liabilities. This severe liquidity deficiency may lead to financial distress and threaten the company's operational continuity.

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 profit5 410.345 507.838 825.667 153.047 166.38
EBIT5 410.345 507.8311 825.668 273.047 666.38
Net earnings3 878.523 946.546 542.265 137.764 797.25
Shareholders equity total13 878.5213 946.5416 542.2618 137.7618 917.25
Balance sheet total (assets)64 268.8161 021.7262 402.3562 472.5764 367.68
Net debt37 880.3934 966.9733 091.4330 845.7231 627.03
Profitability
EBIT-%
ROA8.8 %8.9 %19.2 %13.3 %12.1 %
ROE27.9 %28.4 %42.9 %29.6 %25.9 %
ROI9.0 %9.2 %19.7 %13.6 %12.5 %
Economic value added (EVA)2 430.612 597.427 609.574 800.524 342.23
Solvency
Equity ratio21.6 %22.9 %26.5 %29.0 %29.4 %
Gearing273.7 %251.2 %200.6 %171.4 %167.9 %
Relative net indebtedness %
Liquidity
Quick ratio0.30.20.10.00.1
Current ratio0.30.20.10.00.1
Cash and cash equivalents105.9165.28100.45246.49132.09
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingAAAAAAAAAA

Variable visualization

ROA:12.1%
Rating: 62/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:29.4%
Rating: 26/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer

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