Autocenter Syd ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About Autocenter Syd ApS
Autocenter Syd ApS (CVR number: 37279978) is a company from AARHUS. The company reported a net sales of 3.5 mDKK in 2019, demonstrating a decline of -27.4 % compared to the previous year. The operating profit percentage was poor at -1.1 % (EBIT: -0 mDKK), while net earnings were -41.5 kDKK. The profitability of the company measured by Return on Assets (ROA) was -4 %, which can be considered poor and Return on Equity (ROE) was -8.2 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 68.5 %, a level that can be considered to be good. This shows that a large part of the company's assets are funded by shareholders' equity, reducing financial risk. Autocenter Syd ApS's liquidity measured by quick ratio was 2.8 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 financials2016 | 2017 | 2018 | 2019 | |
|---|---|---|---|---|
| Volume | ||||
| Net sales | 5 080.61 | 5 940.97 | 4 867.98 | 3 535.86 |
| Gross profit | 524.31 | 508.65 | 734.46 | 447.12 |
| EBIT | 470.43 | 148.14 | 210.66 | -38.07 |
| Net earnings | 364.83 | 111.78 | 161.53 | -41.48 |
| Shareholders equity total | 414.83 | 526.61 | 584.44 | 433.06 |
| Balance sheet total (assets) | 942.14 | 1 007.00 | 1 286.82 | 632.03 |
| Net debt | 34.14 | 87.82 | 499.92 | 211.49 |
| Profitability | ||||
| EBIT-% | 9.3 % | 2.5 % | 4.3 % | -1.1 % |
| ROA | 49.9 % | 15.2 % | 18.4 % | -4.0 % |
| ROE | 87.9 % | 23.7 % | 29.1 % | -8.2 % |
| ROI | 54.0 % | 15.6 % | 18.2 % | -3.9 % |
| Economic value added (EVA) | 366.93 | 115.89 | 160.31 | -57.38 |
| Solvency | ||||
| Equity ratio | 44.0 % | 52.3 % | 45.4 % | 68.5 % |
| Gearing | 109.9 % | 95.9 % | 119.8 % | 53.2 % |
| Relative net indebtedness % | 2.1 % | 1.1 % | 10.3 % | 5.1 % |
| Liquidity | ||||
| Quick ratio | 0.9 | 1.0 | 1.2 | 2.8 |
| Current ratio | 1.5 | 1.8 | 1.7 | 2.8 |
| Cash and cash equivalents | 421.67 | 416.94 | 200.20 | 19.02 |
| Capital use efficiency | ||||
| Trade debtors turnover (days) | ||||
| Net working capital % | 5.0 % | 6.8 % | 10.1 % | 10.3 % |
| Credit risk | ||||
| Credit rating | BB | BB | BBB | BB |
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