INVESTERINGSSELSKABET AF 1. OKTOBER 1996 ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About INVESTERINGSSELSKABET AF 1. OKTOBER 1996 ApS
INVESTERINGSSELSKABET AF 1. OKTOBER 1996 ApS (CVR number: 19731405) is a company from SKANDERBORG. The company recorded a gross profit of -31.4 kDKK in 2023. The operating profit was -31.4 kDKK, while net earnings were 1809.6 kDKK. The profitability of the company measured by Return on Assets (ROA) was 13.8 %, which can be considered good but Return on Equity (ROE) was 16.5 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 77.2 %, 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. INVESTERINGSSELSKABET AF 1. OKTOBER 1996 ApS's liquidity measured by quick ratio was 2.3 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 financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | |||||
Gross profit | 72.09 | -77.42 | - 157.96 | 196.82 | -31.39 |
EBIT | 72.09 | -77.42 | - 157.96 | 196.82 | -31.39 |
Net earnings | - 706.44 | - 407.02 | 1 447.27 | 1 082.52 | 1 809.63 |
Shareholders equity total | 8 320.90 | 7 803.28 | 9 137.54 | 10 105.67 | 11 797.49 |
Balance sheet total (assets) | 11 269.96 | 10 622.47 | 12 162.40 | 13 388.94 | 15 286.01 |
Net debt | 2 872.52 | 2 726.83 | 2 348.06 | 2 673.55 | 3 304.52 |
Profitability | |||||
EBIT-% | |||||
ROA | -7.2 % | -2.7 % | 13.8 % | 13.3 % | 13.8 % |
ROE | -8.1 % | -5.0 % | 17.1 % | 11.3 % | 16.5 % |
ROI | -7.5 % | -2.8 % | 13.9 % | 9.9 % | 13.9 % |
Economic value added (EVA) | 278.43 | 79.00 | 0.53 | 241.21 | - 270.93 |
Solvency | |||||
Equity ratio | 73.8 % | 73.5 % | 75.1 % | 75.5 % | 77.2 % |
Gearing | 34.5 % | 35.7 % | 32.6 % | 31.6 % | 28.8 % |
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 1.2 | 1.3 | 2.6 | 2.4 | 2.3 |
Current ratio | 1.2 | 1.3 | 2.6 | 2.4 | 2.3 |
Cash and cash equivalents | 61.64 | 634.57 | 514.91 | 97.12 | |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | BBB | BBB | A | A | A |
Variable visualization
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