QUINE HOLDING ApS — Credit Rating and Financial Key Figures

CVR number: 11998771
Middelfartvej 3, 9220 Aalborg Øst

Company information

Official name
QUINE HOLDING ApS
Established
1988
Company form
Private limited company
Industry

About QUINE HOLDING ApS

QUINE HOLDING ApS (CVR number: 11998771) is a company from AALBORG. The company recorded a gross profit of -24.6 kDKK in 2024. The operating profit was -24.6 kDKK, while net earnings were 4167.9 kDKK. The profitability of the company measured by Return on Assets (ROA) was 5.5 %, which can be considered decent and Return on Equity (ROE) was 5.8 %, which can be considered decent. The equity ratio, a key indicator for solidity, stood at 75.4 %, 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. QUINE HOLDING ApS's liquidity measured by quick ratio was 0.9 which is at a modest level. Thus, the company's liquid assets are in relative balance with its short-term liabilities, indicating a moderate liquidity position. While it's likely to meet its current obligations, financial flexibility may be constrained, and unexpected costs could pose challenges.

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 profit-22.81-20.00- 104.17-34.75-24.57
EBIT-22.81-20.00- 104.17-34.75-24.57
Net earnings3 001.935 513.30-34.525 226.564 167.91
Shareholders equity total58 597.0164 110.3064 075.7869 302.3473 470.24
Balance sheet total (assets)77 628.9783 695.7983 295.4390 242.5997 387.79
Net debt620.75883.56697.6319 659.6911 590.86
Profitability
EBIT-%
ROA4.1 %7.1 %0.2 %6.7 %5.5 %
ROE5.3 %9.0 %-0.1 %7.8 %5.8 %
ROI5.4 %9.1 %0.2 %7.5 %5.5 %
Economic value added (EVA)-2 853.45-3 004.13-3 357.76-3 282.88-4 495.54
Solvency
Equity ratio75.5 %76.6 %76.9 %76.8 %75.4 %
Gearing1.5 %1.4 %1.1 %28.5 %32.3 %
Relative net indebtedness %
Liquidity
Quick ratio0.90.90.90.90.9
Current ratio0.90.90.90.91.0
Cash and cash equivalents255.581.531.78120.0712 125.06
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingAABBBAA

Variable visualization

ROA:5.51%
Rating: 44/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:75.4%
Rating: 56/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chairman of the board

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