UNDER HOLDING ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About UNDER HOLDING ApS
UNDER HOLDING ApS (CVR number: 28504977) is a company from AARHUS. The company recorded a gross profit of 297.8 kDKK in 2024. The operating profit was -12.2 kDKK, while net earnings were 11.7 mDKK. The profitability of the company measured by Return on Assets (ROA) was 6.4 %, which can be considered decent and Return on Equity (ROE) was 7.7 %, which can be considered decent. The equity ratio, a key indicator for solidity, stood at 65.2 %, 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. UNDER HOLDING ApS's liquidity measured by quick ratio was 1.4 which is at a high level. Thus, the company is in a strong financial position, with liquid assets surpassing current liabilities. It is well-prepared to cover short-term financial obligations.
Financial information
See financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2020 | 2021 | 2022 | 2023 | 2024 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | |||||
Gross profit | 49.23 | 517.77 | 30.41 | 303.87 | 297.79 |
EBIT | 93.34 | 568.77 | 107.41 | 333.87 | -12.19 |
Net earnings | -19 585.96 | 40 294.37 | -13 323.61 | -1 769.67 | 11 650.05 |
Shareholders equity total | 206 744.34 | 245 038.71 | 226 715.10 | 154 945.43 | 149 095.48 |
Balance sheet total (assets) | 221 978.33 | 275 848.14 | 262 414.53 | 222 016.99 | 228 765.85 |
Net debt | 13 216.81 | -43 466.30 | 34 851.78 | 65 171.83 | 76 822.46 |
Profitability | |||||
EBIT-% | |||||
ROA | -8.2 % | 16.9 % | 0.1 % | 1.1 % | 6.4 % |
ROE | -8.9 % | 17.8 % | -5.6 % | -0.9 % | 7.7 % |
ROI | -8.3 % | 16.9 % | 0.1 % | 0.8 % | 6.4 % |
Economic value added (EVA) | -12 318.46 | -10 655.68 | -13 733.11 | -12 904.00 | -11 153.83 |
Solvency | |||||
Equity ratio | 93.1 % | 88.8 % | 86.4 % | 69.8 % | 65.2 % |
Gearing | 6.8 % | 12.3 % | 15.4 % | 43.1 % | 53.2 % |
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 0.6 | 3.3 | 4.5 | 1.7 | 1.4 |
Current ratio | 0.6 | 3.3 | 4.5 | 1.7 | 1.4 |
Cash and cash equivalents | 906.08 | 73 674.48 | 105.03 | 1 609.28 | 2 529.46 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | BBB | AA | A | A | A |
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