ARMSTRONG HOLDING ApS — Credit Rating and Financial Key Figures

CVR number: 28864655
Skovbrynet 4, 6510 Gram
info@armstrongaps.dk
tel: 20742900

Company information

Official name
ARMSTRONG HOLDING ApS
Established
2005
Company form
Private limited company
Industry

About ARMSTRONG HOLDING ApS

ARMSTRONG HOLDING ApS (CVR number: 28864655) is a company from HADERSLEV. The company recorded a gross profit of -35 kDKK in 2023. The operating profit was -35 kDKK, while net earnings were 12.5 mDKK. The profitability of the company measured by Return on Assets (ROA) was 28.4 %, which can be considered excellent and Return on Equity (ROE) was 37.3 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 79.4 %, 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. ARMSTRONG HOLDING ApS's liquidity measured by quick ratio was 1.1 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 financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2019
2020
2021
2022
2023
Volume
Net sales4 531.006 735.00
Gross profit4 523.006 725.00-8.00-35.00
EBIT-6.004 523.006 725.00-8.00-35.00
Net earnings4 004.004 448.006 462.007 345.0012 466.00
Shareholders equity total11 268.0013 617.0019 929.0027 216.0039 623.00
Balance sheet total (assets)11 292.0018 645.0042 784.0039 337.0049 919.00
Net debt-3 481.004 839.0022 091.0011 847.006 058.00
Profitability
EBIT-%99.8 %99.9 %
ROA41.7 %30.2 %21.9 %19.2 %28.4 %
ROE41.5 %35.7 %38.5 %31.2 %37.3 %
ROI41.7 %30.4 %22.2 %19.3 %29.8 %
Economic value added (EVA)- 407.393 977.115 878.04-2 123.90-2 009.91
Solvency
Equity ratio99.8 %73.0 %46.6 %69.2 %79.4 %
Gearing0.0 %35.8 %111.3 %44.3 %15.5 %
Relative net indebtedness %110.2 %338.0 %
Liquidity
Quick ratio145.10.00.10.11.1
Current ratio145.10.00.10.11.1
Cash and cash equivalents3 483.0034.0093.00222.0075.00
Capital use efficiency
Trade debtors turnover (days)
Net working capital %-106.3 %-109.9 %
Credit risk
Credit ratingAAAAAA

Variable visualization

ROA:28.4%
Rating: 82/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:79.4%
Rating: 59/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer

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