Italian Auto Aarhus A/S

CVR number: 39322447
Bredskiftevej 2, Hasle 8210 Aarhus V
uffe@iaaa.dk
tel: 34128000
www.iaaa.dk

Credit rating

Company information

Official name
Italian Auto Aarhus A/S
Personnel
10 persons
Established
2018
Domicile
Hasle
Company form
Limited company
Industry
  • Expand more icon45Wholesale and retail trade and repair of motor vehicles and motorcycles

About Italian Auto Aarhus A/S

Italian Auto Aarhus A/S (CVR number: 39322447) is a company from AARHUS. The company recorded a gross profit of 2112.1 kDKK in 2019. The operating profit was -1316.1 kDKK, while net earnings were -1800.6 kDKK. The profitability of the company measured by Return on Assets (ROA) was -5.9 %, which can be considered poor and Return on Equity (ROE) was -9.2 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 3.3 %, 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. Italian Auto Aarhus A/S's liquidity measured by quick ratio was 0.2 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
20182019
Volume
Net sales
Gross profit351.662 112.05
EBIT-2 056.63-1 316.09
Net earnings-2 521.69-1 800.60
Shareholders equity total-1 896.68-3 697.29
Balance sheet total (assets)18 648.5320 582.27
Net debt4 911.497 810.09
Profitability
EBIT-%
ROA-10.0 %-5.9 %
ROE-13.5 %-9.2 %
ROI-41.8 %-20.7 %
Economic value added (EVA)-2 056.63-1 220.39
Solvency
Equity ratio7.9 %3.3 %
Gearing-259.4 %-211.3 %
Relative net indebtedness %
Liquidity
Quick ratio0.20.2
Current ratio1.00.9
Cash and cash equivalents7.730.93
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBB

Variable visualization

ROA:-5.87%
Rating: 14/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:3.29%
Rating: 4/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

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