Credit rating
Company information
About AD19 Holding ApS
AD19 Holding ApS (CVR number: 40707689) is a company from AALBORG. The company reported a net sales of 0.4 mDKK in 2023, demonstrating a growth of -377.4 % compared to the previous year. The operating profit percentage was at 98.5 % (EBIT: 0.4 mDKK), while net earnings were 413.2 kDKK. The profitability of the company measured by Return on Assets (ROA) was 31.4 %, which can be considered excellent and Return on Equity (ROE) was 39.8 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 72.4 %, a level that can be considered to be good. This shows that a large part of the company's assets are funded by shareholders' equity, reducing financial risk. AD19 Holding ApS's liquidity measured by quick ratio was 1.9 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 financialsNet sales (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|
Volume | ||||
Net sales | 503.05 | - 151.28 | 419.62 | |
Gross profit | -4.00 | 498.05 | - 156.28 | 413.37 |
EBIT | -4.00 | 498.05 | - 156.28 | 413.37 |
Net earnings | 663.48 | 499.17 | - 149.20 | 413.16 |
Shareholders equity total | 763.48 | 1 152.05 | 889.85 | 1 188.61 |
Balance sheet total (assets) | 1 024.86 | 1 481.43 | 1 020.49 | 1 641.38 |
Net debt | 6.06 | 168.57 | ||
Profitability | ||||
EBIT-% | 99.0 % | 98.5 % | ||
ROA | 64.7 % | 39.7 % | -11.8 % | 31.4 % |
ROE | 86.9 % | 52.1 % | -14.6 % | 39.8 % |
ROI | 86.8 % | 52.0 % | -13.6 % | 32.6 % |
Economic value added (EVA) | -4.00 | 520.25 | - 117.34 | 423.44 |
Solvency | ||||
Equity ratio | 74.5 % | 77.8 % | 87.2 % | 72.4 % |
Gearing | 14.1 % | 30.6 % | ||
Relative net indebtedness % | 65.5 % | -7.2 % | 61.3 % | |
Liquidity | ||||
Quick ratio | 64.6 | 3.1 | 3.9 | 1.9 |
Current ratio | 64.6 | 3.1 | 3.9 | 1.9 |
Cash and cash equivalents | 119.70 | 195.62 | ||
Capital use efficiency | ||||
Trade debtors turnover (days) | ||||
Net working capital % | 61.7 % | -246.1 % | 79.6 % | |
Credit risk | ||||
Credit rating | BBB | BBB | B | BBB |
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