avgas.dk ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
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 financialsNet sales (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|
Volume | ||||
Net sales | 341.00 | 467.23 | 1 630.45 | 2 077.15 |
Gross profit | 25.64 | 29.02 | 55.32 | 57.85 |
EBIT | 25.64 | 29.02 | 55.32 | 57.85 |
Net earnings | 19.35 | 21.23 | 35.59 | 45.11 |
Shareholders equity total | 59.34 | 80.57 | 116.17 | 161.28 |
Balance sheet total (assets) | 153.97 | 178.29 | 383.79 | 299.73 |
Net debt | - 170.18 | - 375.68 | - 291.63 | |
Profitability | ||||
EBIT-% | 7.5 % | 6.2 % | 3.4 % | 2.8 % |
ROA | 16.7 % | 17.5 % | 19.7 % | 16.9 % |
ROE | 32.6 % | 30.3 % | 36.2 % | 32.5 % |
ROI | 43.2 % | 41.5 % | 56.2 % | 41.7 % |
Economic value added (EVA) | 19.57 | 19.21 | 47.03 | 60.19 |
Solvency | ||||
Equity ratio | 38.5 % | 45.2 % | 30.3 % | 53.8 % |
Gearing | ||||
Relative net indebtedness % | 27.8 % | -15.5 % | -6.6 % | -7.4 % |
Liquidity | ||||
Quick ratio | 1.6 | 1.8 | 1.4 | 2.2 |
Current ratio | 1.6 | 1.8 | 1.4 | 2.2 |
Cash and cash equivalents | 170.18 | 375.68 | 291.63 | |
Capital use efficiency | ||||
Trade debtors turnover (days) | 124.0 | |||
Net working capital % | 17.4 % | 17.2 % | 7.1 % | 7.8 % |
Credit risk | ||||
Credit rating | BB | BB | BB | BB |
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