SOUTHERN AVENUE 5 ApS — Credit Rating and Financial Key Figures

CVR number: 34722382
Alkenvej 61, 8660 Skanderborg

Credit rating

Company information

Official name
SOUTHERN AVENUE 5 ApS
Established
2012
Company form
Private limited company
Industry

About SOUTHERN AVENUE 5 ApS

SOUTHERN AVENUE 5 ApS (CVR number: 34722382) is a company from SKANDERBORG. The company recorded a gross profit of 73.3 kDKK in 2023. The operating profit was 52.1 kDKK, while net earnings were 35.6 kDKK. The profitability of the company measured by Return on Assets (ROA) was 2.1 %, which can be considered weak but Return on Equity (ROE) was 131.9 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 1.1 %, 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. SOUTHERN AVENUE 5 ApS's liquidity measured by quick ratio was 0.7 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 financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2019
2020
2021
2022
2023
Volume
Net sales
Gross profit68.0042.0040.0074.0073.33
EBIT47.0021.0019.0053.0052.11
Net earnings17.00-25.00-11.007.0035.63
Shareholders equity total39.0014.003.009.0045.04
Balance sheet total (assets)4 088.003 996.003 969.003 925.003 944.11
Net debt- 282.00- 206.00- 196.00- 169.00- 204.65
Profitability
EBIT-%
ROA1.4 %0.5 %0.6 %1.3 %2.1 %
ROE55.7 %-94.3 %-129.4 %116.7 %131.9 %
ROI1.6 %0.6 %0.6 %1.5 %2.3 %
Economic value added (EVA)47.0929.7124.5850.9248.59
Solvency
Equity ratio1.0 %0.4 %0.1 %0.2 %1.1 %
Gearing
Relative net indebtedness %
Liquidity
Quick ratio0.60.50.50.50.7
Current ratio0.60.50.50.50.7
Cash and cash equivalents282.00206.00196.00169.00204.65
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBBBBBBBB

Variable visualization

ROA:2.07%
Rating: 30/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:1.14%
Rating: 2/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer

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