avgas.dk ApS — Credit Rating and Financial Key Figures

CVR number: 41056495
Nykirkevej 4, 9520 Skørping
tnm@eaa655.dk
tel: 20193265
www.avgas.dk

Credit rating

Company information

Official name
avgas.dk ApS
Established
2020
Company form
Private limited company
Industry
  • Expand more icon46Wholesale trade, except of motor vehicles and motorcycles

About avgas.dk ApS

avgas.dk ApS (CVR number: 41056495) is a company from REBILD. The company reported a net sales of 2.1 mDKK in 2023, demonstrating a growth of 27.4 % compared to the previous year. The operating profit percentage was at 2.8 % (EBIT: 0.1 mDKK), while net earnings were 45.1 kDKK. The profitability of the company measured by Return on Assets (ROA) was 16.9 %, which can be considered excellent and Return on Equity (ROE) was 32.5 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 53.8 %, 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. avgas.dk ApS's liquidity measured by quick ratio was 2.2 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
2020202120222023
Volume
Net sales341.00467.231 630.452 077.15
Gross profit25.6429.0255.3257.85
EBIT25.6429.0255.3257.85
Net earnings19.3521.2335.5945.11
Shareholders equity total59.3480.57116.17161.28
Balance sheet total (assets)153.97178.29383.79299.73
Net debt- 170.18- 375.68- 291.63
Profitability
EBIT-%7.5 %6.2 %3.4 %2.8 %
ROA16.7 %17.5 %19.7 %16.9 %
ROE32.6 %30.3 %36.2 %32.5 %
ROI43.2 %41.5 %56.2 %41.7 %
Economic value added (EVA)19.5719.2147.0360.19
Solvency
Equity ratio38.5 %45.2 %30.3 %53.8 %
Gearing
Relative net indebtedness %27.8 %-15.5 %-6.6 %-7.4 %
Liquidity
Quick ratio1.61.81.42.2
Current ratio1.61.81.42.2
Cash and cash equivalents170.18375.68291.63
Capital use efficiency
Trade debtors turnover (days)124.0
Net working capital %17.4 %17.2 %7.1 %7.8 %
Credit risk
Credit ratingBBBBBBBB

Variable visualization

ROA:16.9%
Rating: 69/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:53.8%
Rating: 42/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Board member
Board member

Companies in the same industry

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