ARGO HOLDING ApS — Credit Rating and Financial Key Figures

CVR number: 28483546
Concordiavej 2, 2850 Nærum

Company information

Official name
ARGO HOLDING ApS
Personnel
1 person
Established
2005
Company form
Private limited company
Industry

About ARGO HOLDING ApS

ARGO HOLDING ApS (CVR number: 28483546) is a company from RUDERSDAL. The company recorded a gross profit of 6759.7 kDKK in 2024. The operating profit was 6144.3 kDKK, while net earnings were 7268.4 kDKK. The profitability of the company measured by Return on Assets (ROA) was 19.2 %, which can be considered excellent and Return on Equity (ROE) was 20.2 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 79.1 %, 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. ARGO HOLDING ApS's liquidity measured by quick ratio was 5.4 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 financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2020
2021
2022
2023
2024
Volume
Net sales
Gross profit2 162.341 671.062 835.403 591.946 759.69
EBIT1 894.32876.002 345.872 981.326 144.28
Net earnings3 291.044 574.102 024.853 773.317 268.44
Shareholders equity total21 979.8726 553.9728 578.8232 352.1339 620.58
Balance sheet total (assets)36 485.0341 371.8140 966.8845 053.9650 516.82
Net debt2 681.70365.087 598.735 770.21- 931.21
Profitability
EBIT-%
ROA14.1 %14.6 %12.0 %11.3 %19.2 %
ROE16.2 %18.8 %7.3 %12.4 %20.2 %
ROI14.8 %15.3 %12.4 %11.6 %20.0 %
Economic value added (EVA)- 296.96-1 069.05- 331.14211.052 508.64
Solvency
Equity ratio60.7 %64.7 %70.5 %72.5 %79.1 %
Gearing56.6 %49.5 %39.7 %35.1 %21.0 %
Relative net indebtedness %
Liquidity
Quick ratio2.02.32.83.25.4
Current ratio1.92.22.63.04.9
Cash and cash equivalents9 768.6212 770.533 758.785 599.149 240.92
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingAAAAA

Variable visualization

ROA:19.2%
Rating: 73/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:79.1%
Rating: 59/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

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