Aivon Funding ApS — Credit Rating and Financial Key Figures

CVR number: 31938392
Åboulevarden 49 E, 8000 Aarhus C

Credit rating

Company information

Official name
Aivon Funding ApS
Established
2009
Company form
Private limited company
Industry

About Aivon Funding ApS

Aivon Funding ApS (CVR number: 31938392) is a company from AARHUS. The company recorded a gross profit of 0 kDKK in 2020. The operating profit was 0 kDKK, while net earnings were 85.3 kDKK. The profitability of the company measured by Return on Assets (ROA) was 3.9 %, which can be considered weak but Return on Equity (ROE) was 16.9 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 24.1 %, a level that can be considered to be low. This means a higher proportion of debt in its capital structure, indicating a greater reliance on borrowed funds. Aivon Funding ApS's liquidity measured by quick ratio was 0 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

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2016
2017
2018
2019
2020
Volume
Net sales
Gross profit
EBIT-42.80
Net earnings-86.75-94.0146.43291.2085.25
Shareholders equity total349.13125.00903.85462.64547.89
Balance sheet total (assets)356.36255.131 575.382 067.192 268.99
Net debt539.331 604.551 721.10
Profitability
EBIT-%
ROA-24.3 %-30.8 %5.1 %16.0 %3.9 %
ROE-24.8 %-39.7 %9.0 %42.6 %16.9 %
ROI-24.8 %-39.8 %5.5 %16.0 %3.9 %
Economic value added (EVA)0.01-42.808.792.15
Solvency
Equity ratio98.0 %49.0 %57.4 %22.4 %24.1 %
Gearing74.3 %346.8 %314.1 %
Relative net indebtedness %
Liquidity
Quick ratio1.01.0
Current ratio1.01.0
Cash and cash equivalents132.20
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBBBBBBB

Variable visualization

ROA:3.93%
Rating: 40/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:24.1%
Rating: 22/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

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