AB-FINANS ODENSE ApS — Credit Rating and Financial Key Figures

CVR number: 44559528
Tingløkkevej 15, Dalum 5250 Odense SV

Credit rating

Company information

Official name
AB-FINANS ODENSE ApS
Established
1974
Domicile
Dalum
Company form
Private limited company
Industry

About AB-FINANS ODENSE ApS

AB-FINANS ODENSE ApS (CVR number: 44559528) is a company from ODENSE. The company recorded a gross profit of -9 kDKK in 2018. The operating profit was -9 kDKK, while net earnings were 4.3 kDKK. The profitability of the company measured by Return on Assets (ROA) was 1.3 %, which can be considered weak and Return on Equity (ROE) was 1 %, which can be considered weak. The equity ratio, a key indicator for solidity, stood at 95.3 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. AB-FINANS ODENSE ApS's liquidity measured by quick ratio was 1 which is at a modest level. Thus, the company's liquid assets are in relative balance with its short-term liabilities, indicating a moderate liquidity position. While it's likely to meet its current obligations, financial flexibility may be constrained, and unexpected costs could pose challenges.

Financial information

See financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2016
2017
2018
Volume
Net sales
Gross profit-13.51-12.09-9.03
EBIT-13.51-12.09-9.03
Net earnings36.55-13.304.34
Shareholders equity total658.33445.03399.37
Balance sheet total (assets)735.21455.24419.19
Net debt-33.970.83-15.42
Profitability
EBIT-%
ROA6.1 %-2.8 %1.3 %
ROE5.6 %-2.4 %1.0 %
ROI6.9 %-3.1 %1.3 %
Economic value added (EVA)-10.96-40.81-29.40
Solvency
Equity ratio89.5 %97.8 %95.3 %
Gearing0.2 %
Relative net indebtedness %
Liquidity
Quick ratio0.50.51.0
Current ratio0.50.51.0
Cash and cash equivalents33.9715.42
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBB

Variable visualization

ROA:1.29%
Rating: 26/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:95.3%
Rating: 76/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

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