Credit rating
Company information
About AVEDORE TRADING ApS
AVEDORE TRADING ApS (CVR number: 33381271) is a company from HVIDOVRE. The company recorded a gross profit of -100.5 kDKK in 2019. The operating profit was -100.5 kDKK, while net earnings were -100.5 kDKK. The profitability of the company measured by Return on Assets (ROA) was -64.3 %, which can be considered poor and Return on Equity (ROE) was -81.8 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 56.5 %, 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. AVEDORE TRADING 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 financials2016 | 2017 | 2018 | 2019 | |
---|---|---|---|---|
Volume | ||||
Net sales | ||||
Gross profit | -18.04 | -7.09 | -23.29 | - 100.48 |
EBIT | -18.04 | -7.09 | -23.29 | - 100.48 |
Net earnings | -18.00 | -7.12 | -23.29 | - 100.48 |
Shareholders equity total | 203.46 | 196.34 | 173.05 | 72.57 |
Balance sheet total (assets) | 217.66 | 211.84 | 184.05 | 128.46 |
Net debt | - 148.18 | - 115.02 | -77.00 | -63.91 |
Profitability | ||||
EBIT-% | ||||
ROA | -8.2 % | -3.3 % | -11.8 % | -64.3 % |
ROE | -8.8 % | -3.6 % | -12.6 % | -81.8 % |
ROI | -8.8 % | -3.5 % | -12.6 % | -81.8 % |
Economic value added (EVA) | -18.04 | -9.87 | -27.38 | - 105.31 |
Solvency | ||||
Equity ratio | 93.5 % | 92.7 % | 94.0 % | 56.5 % |
Gearing | ||||
Relative net indebtedness % | ||||
Liquidity | ||||
Quick ratio | 11.2 | 9.2 | 9.6 | 1.4 |
Current ratio | 15.3 | 13.7 | 16.7 | 2.3 |
Cash and cash equivalents | 148.18 | 115.02 | 77.00 | 63.91 |
Capital use efficiency | ||||
Trade debtors turnover (days) | ||||
Net working capital % | ||||
Credit risk | ||||
Credit rating | C | C | C | B |
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