Credit rating
Company information
About AVENUE MANAGEMENT ApS
AVENUE MANAGEMENT ApS (CVR number: 26996201) is a company from EGEDAL. The company recorded a gross profit of 18.5 kDKK in 2021. The operating profit was -25.7 kDKK, while net earnings were -30 kDKK. The profitability of the company measured by Return on Assets (ROA) was -3.9 %, which can be considered poor and Return on Equity (ROE) was -5.7 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at -31.9 %. This indicates that the company's debt surpasses the value of its total assets, posing significant financial risk. AVENUE MANAGEMENT ApS's liquidity measured by quick ratio was 0.5 which is at a low level. Thus, the company may face difficulties in addressing its short-term obligations with its available liquid assets.
Financial information
See financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2017 | 2018 | 2019 | 2020 | 2021 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | |||||
Gross profit | 864.50 | 1 197.65 | 589.75 | 296.31 | 18.53 |
EBIT | -84.70 | 142.38 | - 426.23 | - 358.45 | -25.75 |
Net earnings | -86.24 | 115.13 | - 442.10 | - 373.21 | -29.99 |
Shareholders equity total | 1 086.17 | 951.30 | 259.19 | - 114.02 | - 144.01 |
Balance sheet total (assets) | 1 225.14 | 1 400.29 | 669.26 | 745.42 | 307.84 |
Net debt | - 200.42 | - 161.60 | 248.89 | 204.25 | 197.50 |
Profitability | |||||
EBIT-% | |||||
ROA | -6.2 % | 10.8 % | -41.2 % | -46.9 % | -3.9 % |
ROE | -6.9 % | 11.3 % | -73.0 % | -74.3 % | -5.7 % |
ROI | -6.8 % | 12.3 % | -46.6 % | -60.1 % | -5.5 % |
Economic value added (EVA) | - 127.78 | 97.87 | - 458.66 | - 367.58 | -0.30 |
Solvency | |||||
Equity ratio | 88.7 % | 67.9 % | 38.7 % | -13.3 % | -31.9 % |
Gearing | 29.6 % | 130.2 % | -523.3 % | -241.8 % | |
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 4.3 | 2.9 | 0.6 | 0.6 | 0.5 |
Current ratio | 4.3 | 2.9 | 0.6 | 0.6 | 0.5 |
Cash and cash equivalents | 200.42 | 443.63 | 88.64 | 392.44 | 150.72 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | BB | BBB | BB | B | B |
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