Annovasion IVS — Credit Rating and Financial Key Figures

CVR number: 39428644
Frejasvej 67, Nørlem 7620 Lemvig

Company information

Official name
Annovasion IVS
Established
2018
Domicile
Nørlem
Company form
Entrepreneurial limited company
Industry

About Annovasion IVS

Annovasion IVS (CVR number: 39428644) is a company from LEMVIG. The company recorded a gross profit of -3.3 kDKK in 2019, demonstrating a decline of 0 % compared to the previous year. The operating profit was -3.3 kDKK, while net earnings were -4.5 kDKK. The profitability of the company measured by Return on Assets (ROA) was -31.9 %, which can be considered poor and Return on Equity (ROE) was -101.3 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at -48 %. This indicates that the company's debt surpasses the value of its total assets, posing significant financial risk. Annovasion IVS's liquidity measured by quick ratio was 0.5 which is at a low level. Thus, the company may face difficulties in addressing its short-term obligations with its available liquid assets.

Financial information

See financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2018
2019
Volume
Net sales13.48
Gross profit10.22-3.28
EBIT10.22-3.28
Net earnings2.07-4.49
Shareholders equity total3.07-5.34
Balance sheet total (assets)9.425.79
Net debt-8.75-5.12
Profitability
EBIT-%75.9 %
ROA108.5 %-31.9 %
ROE67.4 %-101.3 %
ROI333.2 %-213.7 %
Economic value added (EVA)10.22-2.99
Solvency
Equity ratio32.6 %-48.0 %
Gearing
Relative net indebtedness %-17.8 %
Liquidity
Quick ratio1.50.5
Current ratio1.50.5
Cash and cash equivalents8.755.12
Capital use efficiency
Trade debtors turnover (days)
Net working capital %22.8 %
Credit risk
Credit ratingBBBB

Variable visualization

ROA:-31.9%
Rating: 0/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:-48.0%
Rating: 0/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

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