ABICON ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About ABICON ApS
ABICON ApS (CVR number: 10133025) is a company from HORSENS. The company recorded a gross profit of 244.7 kDKK in 2023. The operating profit was -235.9 kDKK, while net earnings were -211.7 kDKK. The profitability of the company measured by Return on Assets (ROA) was -25.7 %, which can be considered poor and Return on Equity (ROE) was -40.8 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at -49.7 %. This indicates that the company's debt surpasses the value of its total assets, posing significant financial risk. ABICON ApS'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 financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | |||||
Gross profit | 920.53 | 731.89 | 498.79 | 297.56 | 244.69 |
EBIT | 31.63 | 35.96 | - 123.99 | - 332.38 | - 235.88 |
Net earnings | 5.98 | 9.90 | - 117.55 | - 302.64 | - 211.71 |
Shareholders equity total | 133.48 | 137.40 | 9.95 | - 292.69 | - 504.40 |
Balance sheet total (assets) | 737.31 | 773.66 | 640.44 | 525.35 | 511.48 |
Net debt | 8.69 | 231.54 | 180.31 | 569.56 | 867.31 |
Profitability | |||||
EBIT-% | |||||
ROA | 3.4 % | 4.8 % | -17.5 % | -45.6 % | -25.7 % |
ROE | 3.7 % | 7.3 % | -159.5 % | -113.1 % | -40.8 % |
ROI | 3.7 % | 5.4 % | -19.7 % | -48.1 % | -27.5 % |
Economic value added (EVA) | 27.74 | 47.13 | -89.19 | - 239.31 | - 158.85 |
Solvency | |||||
Equity ratio | 18.1 % | 17.8 % | 1.6 % | -35.8 % | -49.7 % |
Gearing | 407.7 % | 380.9 % | 5919.0 % | -267.9 % | -185.0 % |
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 1.2 | 1.2 | 1.0 | 0.6 | 0.5 |
Current ratio | 1.2 | 1.2 | 1.0 | 0.6 | 0.5 |
Cash and cash equivalents | 535.56 | 291.84 | 408.69 | 214.44 | 65.69 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | BB | BB | BB | BB | BB |
Variable visualization
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