AVANTI ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About AVANTI ApS
AVANTI ApS (CVR number: 25789822) is a company from VEJLE. The company recorded a gross profit of -0.6 kDKK in 2023. The operating profit was -0.6 kDKK, while net earnings were 3.3 kDKK. The profitability of the company measured by Return on Assets (ROA) was 1.6 %, which can be considered weak and Return on Equity (ROE) was 3.8 %, which can be considered weak. The equity ratio, a key indicator for solidity, stood at 30.8 %, a level that can be considered to be low. This means a higher proportion of debt in its capital structure, indicating a greater reliance on borrowed funds. AVANTI ApS's liquidity measured by quick ratio was 1.4 which is at a high level. Thus, the company is in a strong financial position, with liquid assets surpassing current liabilities. It is well-prepared to cover short-term financial obligations.
Financial information
See financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | |||||
Gross profit | -12.07 | 1.94 | 2.37 | 7.25 | -0.63 |
EBIT | -12.07 | 1.94 | 2.37 | 7.25 | -0.63 |
Net earnings | -5.58 | 5.26 | 5.59 | 9.40 | 3.25 |
Shareholders equity total | 74.43 | 79.69 | 85.28 | 89.40 | 83.25 |
Balance sheet total (assets) | 114.78 | 91.21 | 99.39 | 241.49 | 270.69 |
Net debt | -3.62 | -0.01 | 3.13 | 3.13 | 185.75 |
Profitability | |||||
EBIT-% | |||||
ROA | -1.5 % | 6.6 % | 7.5 % | 7.1 % | 1.6 % |
ROE | -5.8 % | 6.8 % | 6.8 % | 10.8 % | 3.8 % |
ROI | -7.3 % | 8.8 % | 8.5 % | 13.3 % | 2.3 % |
Economic value added (EVA) | -15.38 | -2.05 | -2.15 | 1.37 | -5.12 |
Solvency | |||||
Equity ratio | 64.8 % | 87.4 % | 85.8 % | 37.0 % | 30.8 % |
Gearing | 3.7 % | 3.5 % | 223.1 % | ||
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 2.8 | 7.9 | 7.0 | 1.6 | 1.4 |
Current ratio | 2.8 | 7.9 | 7.0 | 1.6 | 1.4 |
Cash and cash equivalents | 3.62 | 0.01 | |||
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | B | BB | BB | BB | B |
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