Invest af 29. april ApS — Credit Rating and Financial Key Figures

CVR number: 35659080
Lundborgvej 18, 8800 Viborg

Credit rating

Company information

Official name
Invest af 29. april ApS
Established
2014
Company form
Private limited company
Industry

About Invest af 29. april ApS

Invest af 29. april ApS (CVR number: 35659080K) is a company from VIBORG. The company reported a net sales of 251.1 mDKK in 2021, demonstrating a growth of 51 % compared to the previous year. The operating profit percentage was at 8.8 % (EBIT: 22.1 mDKK), while net earnings were 21.4 mDKK. The profitability of the company measured by Return on Assets (ROA) was 19.7 %, which can be considered excellent and Return on Equity (ROE) was 97 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 49.2 %, 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. Invest af 29. april ApS's liquidity measured by quick ratio was 0.2 which is at a very low level. Thus, the company is in an unstable financial position, with its liquid assets significantly undermatching its current liabilities. This severe liquidity deficiency may lead to financial distress and threaten the company's operational continuity.

Financial information

See financials

Net sales (mDKK)

EBIT (mDKK)

Profitability

Solidity

Key figures (mDKK)

See financials
2017
2018
2019
2020
2021
Volume
Net sales265.71294.84265.43166.33251.15
Gross profit105.04136.02124.7590.89122.89
EBIT-15.3113.318.01-7.1322.15
Net earnings-15.7612.145.29-9.8721.38
Shareholders equity total4.4116.2221.5211.6432.44
Balance sheet total (assets)104.35122.14112.27102.07122.60
Net debt43.4946.0746.7794.2880.55
Profitability
EBIT-%-5.8 %4.5 %3.0 %-4.3 %8.8 %
ROA-13.6 %11.8 %6.8 %-6.7 %19.7 %
ROE-26.3 %117.7 %28.1 %-59.6 %97.0 %
ROI-24.4 %22.0 %10.7 %-9.6 %31.1 %
Economic value added (EVA)-13.0214.806.32-8.9821.85
Solvency
Equity ratio4.2 %13.3 %19.2 %41.8 %49.2 %
Gearing987.5 %284.1 %217.4 %809.8 %248.5 %
Relative net indebtedness %37.6 %35.9 %34.2 %86.4 %57.7 %
Liquidity
Quick ratio0.20.20.20.10.2
Current ratio0.60.70.70.40.6
Cash and cash equivalents0.030.020.010.010.06
Capital use efficiency
Trade debtors turnover (days)13.210.38.27.720.5
Net working capital %-12.7 %-9.2 %-8.3 %-40.3 %-18.3 %
Credit risk
Credit ratingBBBBBBABBBBBB

Variable visualization

ROA:19.7%
Rating: 73/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:49.2%
Rating: 39/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

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