AKVA group Land Based A/S — Credit Rating and Financial Key Figures

CVR number: 27552870
Vejlevej 121, 7000 Fredericia
bchristensen@akvagroup.com

Credit rating

Company information

Official name
AKVA group Land Based A/S
Personnel
68 persons
Established
2004
Company form
Limited company
Industry
  • Expand more icon33Repair and installation of machinery and equipment

About AKVA group Land Based A/S

AKVA group Land Based A/S (CVR number: 27552870) is a company from FREDERICIA. The company recorded a gross profit of 3902 kDKK in 2023. The operating profit was -16.9 mDKK, while net earnings were -16.5 mDKK. The profitability of the company measured by Return on Assets (ROA) was -8.6 %, which can be considered poor and Return on Equity (ROE) was -14.3 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at -40.1 %. This indicates that the company's debt surpasses the value of its total assets, posing significant financial risk. AKVA group Land Based A/S'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 profit-50 372.00-12 146.002 074.00-11 023.003 902.00
EBIT-58 392.00-19 499.00-12 204.00-46 371.00-16 855.00
Net earnings-47 984.00-11 227.00-11 411.00-44 387.00-16 502.00
Shareholders equity total24 369.0013 142.001 731.00-42 656.00-59 158.00
Balance sheet total (assets)70 260.0072 951.0044 092.00122 913.00108 158.00
Net debt359.004 957.00
Profitability
EBIT-%
ROA-61.2 %-27.2 %-20.9 %-41.6 %-8.6 %
ROE-99.2 %-59.9 %-153.4 %-71.2 %-14.3 %
ROI-61.2 %-27.2 %-20.9 %-116.4 %-66.8 %
Economic value added (EVA)-62 027.74-20 723.54-12 864.39-43 488.42-16 364.88
Solvency
Equity ratio100.0 %100.0 %100.0 %-25.8 %-40.1 %
Gearing-1.2 %-8.4 %
Relative net indebtedness %
Liquidity
Quick ratio0.80.7
Current ratio0.90.6
Cash and cash equivalents163.0023.00
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBBB

Variable visualization

ROA:-8.59%
Rating: 11/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:-40.1%
Rating: 0/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

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