AVGAS ApS — Credit Rating and Financial Key Figures

CVR number: 29917825
Civagårdsvej 1, 9330 Dronninglund
tel: 98841084

Credit rating

Company information

Official name
AVGAS ApS
Established
2006
Company form
Private limited company
Industry
  • Expand more icon74Other professional, scientific and technical activities

About AVGAS ApS

AVGAS ApS (CVR number: 29917825) is a company from Brønderslev. The company recorded a gross profit of -254.3 kDKK in 2021. The operating profit was -254.3 kDKK, while net earnings were 14.7 mDKK. The profitability of the company measured by Return on Assets (ROA) was 56.5 %, which can be considered excellent and Return on Equity (ROE) was 61.3 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 97.3 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. AVGAS ApS's liquidity measured by quick ratio was 37.2 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 financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2017
2018
2019
2020
2021
Volume
Net sales
Gross profit-17.22-18.92-19.20-21.28- 254.27
EBIT-17.22-18.92-19.20-21.28- 254.27
Net earnings1 677.61-1 295.99- 881.151 153.3014 728.71
Shareholders equity total-5 618.63-6 914.62-7 795.78-6 642.481 086.23
Balance sheet total (assets)38 769.6739 081.6035 827.9346 977.371 116.23
Net debt22 877.7123 821.1024 291.4922 425.34
Profitability
EBIT-%
ROA5.8 %0.6 %0.3 %4.0 %56.5 %
ROE4.3 %-3.3 %-2.4 %2.8 %61.3 %
ROI5.8 %0.6 %0.3 %4.0 %56.6 %
Economic value added (EVA)834.10748.10812.95855.151 130.05
Solvency
Equity ratio-12.7 %-15.0 %-17.9 %-12.4 %97.3 %
Gearing-407.2 %-344.5 %-311.6 %-337.6 %
Relative net indebtedness %
Liquidity
Quick ratio37.2
Current ratio37.2
Cash and cash equivalents
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBAAAC

Variable visualization

ROA:56.5%
Rating: 98/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:97.3%
Rating: 78/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

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