Credit rating
Company information
About Altan Construction ApS
Altan Construction ApS (CVR number: 32780164) is a company from RØDOVRE. The company recorded a gross profit of -51.2 kDKK in 2023. The operating profit was -51.2 kDKK, while net earnings were -55.3 kDKK. The profitability of the company measured by Return on Assets (ROA) was -7.2 %, which can be considered poor and Return on Equity (ROE) was -13.2 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at -42.3 %. This indicates that the company's debt surpasses the value of its total assets, posing significant financial risk. Altan Construction ApS's liquidity measured by quick ratio was 0.6 which is at a low level. Thus, the company may face difficulties in addressing its short-term obligations with its available liquid assets.
Financial information
See financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | |||||
Gross profit | 492.25 | 537.56 | -93.65 | -37.63 | -51.20 |
EBIT | 15.79 | 34.99 | - 492.22 | -38.98 | -51.20 |
Net earnings | 4.29 | 25.45 | - 494.60 | -62.75 | -55.29 |
Shareholders equity total | 282.78 | 308.23 | - 186.37 | - 249.12 | - 304.41 |
Balance sheet total (assets) | 470.07 | 926.63 | 450.27 | 421.60 | 414.49 |
Net debt | -68.62 | 123.96 | - 159.32 | - 149.90 | - 149.69 |
Profitability | |||||
EBIT-% | |||||
ROA | 2.9 % | 5.0 % | -63.0 % | -6.0 % | -7.2 % |
ROE | 1.5 % | 8.6 % | -130.4 % | -14.4 % | -13.2 % |
ROI | 5.2 % | 8.8 % | -193.7 % | -15496.0 % | |
Economic value added (EVA) | 8.68 | 15.32 | - 504.75 | -21.61 | -31.15 |
Solvency | |||||
Equity ratio | 60.2 % | 33.3 % | -29.3 % | -37.1 % | -42.3 % |
Gearing | 64.9 % | -0.0 % | -0.2 % | ||
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 2.5 | 1.5 | 0.7 | 0.6 | 0.6 |
Current ratio | 2.5 | 1.5 | 0.7 | 0.6 | 0.6 |
Cash and cash equivalents | 68.62 | 76.04 | 159.32 | 149.90 | 150.34 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | BBB | BBB | B | BB | BB |
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