AUTOHAVE A/S — Credit Rating and Financial Key Figures
Credit rating
Company information
About AUTOHAVE A/S
AUTOHAVE A/S (CVR number: 19763579K) is a company from NYBORG. The company reported a net sales of 58.5 mDKK in 2023, demonstrating a decline of -47.7 % compared to the previous year. The operating profit percentage was poor at -8.1 % (EBIT: -4.7 mDKK), while net earnings were -4225.9 kDKK. The profitability of the company measured by Return on Assets (ROA) was -6.7 %, which can be considered poor and Return on Equity (ROE) was -20.6 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 43.4 %, 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. AUTOHAVE A/S's liquidity measured by quick ratio was 1.6 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 financialsNet sales (mDKK)
EBIT (mDKK)
Profitability
Solidity
Key figures (mDKK)
See financials2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | 171.34 | 170.42 | 184.54 | 111.84 | 58.47 |
Gross profit | 15.69 | 14.49 | 13.05 | 2.85 | 1.20 |
EBIT | -2.76 | -0.16 | -1.99 | -9.83 | -4.71 |
Net earnings | -3.17 | -0.97 | -2.06 | -8.36 | -4.23 |
Shareholders equity total | 29.36 | 28.38 | 26.33 | 14.73 | 26.33 |
Balance sheet total (assets) | 91.01 | 86.60 | 86.65 | 52.82 | 86.65 |
Net debt | 16.51 | 8.93 | 11.48 | 16.03 | 7.88 |
Profitability | |||||
EBIT-% | -1.6 % | -0.1 % | -1.1 % | -8.8 % | -8.1 % |
ROA | -3.0 % | -0.1 % | -2.3 % | -14.1 % | -6.7 % |
ROE | -10.8 % | -3.7 % | -8.4 % | -44.2 % | -20.6 % |
ROI | -4.3 % | -0.2 % | -3.5 % | -22.4 % | -8.2 % |
Economic value added (EVA) | -4.06 | -1.77 | -3.00 | -9.34 | -5.17 |
Solvency | |||||
Equity ratio | 32.3 % | 33.9 % | 32.4 % | 29.6 % | 43.4 % |
Gearing | 97.1 % | 63.1 % | 70.5 % | 111.8 % | 44.4 % |
Relative net indebtedness % | 26.4 % | 26.3 % | 27.1 % | 33.2 % | 25.0 % |
Liquidity | |||||
Quick ratio | 0.5 | 0.6 | 0.5 | 0.2 | 1.6 |
Current ratio | 1.4 | 1.4 | 1.2 | 1.4 | 2.8 |
Cash and cash equivalents | 12.00 | 8.99 | 7.08 | 0.44 | 3.82 |
Capital use efficiency | |||||
Trade debtors turnover (days) | 8.9 | 10.7 | 9.6 | 8.8 | 0.3 |
Net working capital % | 8.7 % | 8.4 % | 3.2 % | 6.4 % | 8.6 % |
Credit risk | |||||
Credit rating | A | A | A | BBB | BBB |
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