ADVANCE HOLDING ApS — Credit Rating and Financial Key Figures

ADVANCE HOLDING ApS (CVR number: 21871397K) is a company from KØBENHAVN. The company reported a net sales of 73.2 mDKK in 2021, demonstrating a growth of 5.5 % compared to the previous year. The operating profit percentage was at 13.6 % (EBIT: 10 mDKK), while net earnings were 8095.7 kDKK. The profitability of the company measured by Return on Assets (ROA) was 33.3 %, which can be considered excellent and Return on Equity (ROE) was 89.2 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 41.6 %, 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. ADVANCE HOLDING ApS's liquidity measured by quick ratio was 2.1 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.