DALGAS AVENUE 50 ApS — Credit Rating and Financial Key Figures

CVR number: 35678638
Irma Pedersens Gade 99, 8000 Aarhus C

Company information

Official name
DALGAS AVENUE 50 ApS
Established
2014
Company form
Private limited company
Industry

About DALGAS AVENUE 50 ApS

DALGAS AVENUE 50 ApS (CVR number: 35678638) is a company from AARHUS. The company recorded a gross profit of 0 kDKK in 2023, demonstrating a decline of -100 % compared to the previous year. The operating profit was -24.4 kDKK, while net earnings were -36.7 kDKK. The profitability of the company measured by Return on Assets (ROA) was -1.7 %, which can be considered poor and Return on Equity (ROE) was -3.2 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 40.4 %, a level that can be considered to be modest. This means a balanced mix of debt and equity financing its assets—a typical operational level for many companies. DALGAS AVENUE 50 ApS'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 (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2019
2020
2021
2022
2023
Volume
Net sales163.99167.27170.61154.84
Gross profit163.99167.27170.61154.84
EBIT65.09-87.5268.96-0.78-24.35
Net earnings37.72-81.6140.76997.54-36.69
Shareholders equity total1 156.181 074.571 115.332 112.87176.18
Balance sheet total (assets)3 830.693 729.063 752.932 410.46436.11
Net debt2 505.062 620.292 565.65-2 410.02- 435.67
Profitability
EBIT-%39.7 %-52.3 %40.4 %-0.5 %
ROA1.7 %-2.3 %1.8 %41.3 %-1.7 %
ROE3.3 %-7.3 %3.7 %61.8 %-3.2 %
ROI1.7 %-2.3 %1.9 %43.7 %-2.1 %
Economic value added (EVA)- 101.64- 217.47-96.08- 149.36-9.42
Solvency
Equity ratio30.2 %28.8 %29.7 %87.7 %40.4 %
Gearing227.9 %244.3 %233.5 %
Relative net indebtedness %1551.7 %1583.8 %1523.2 %-1364.3 %
Liquidity
Quick ratio0.20.10.18.11.7
Current ratio0.20.10.18.11.7
Cash and cash equivalents129.865.3738.822 410.02435.67
Capital use efficiency
Trade debtors turnover (days)2.12.11.9
Net working capital %-356.2 %-415.0 %-399.7 %1364.6 %
Credit risk
Credit ratingABBBABBB

Variable visualization

ROA:-1.71%
Rating: 18/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:40.4%
Rating: 33/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chairman of the board
Board member
Chief executive officer

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