ALIVIATE DEVELOPMENT ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About ALIVIATE DEVELOPMENT ApS
ALIVIATE DEVELOPMENT ApS (CVR number: 32827667) is a company from AARHUS. The company reported a net sales of 0.1 mDKK in 2024, demonstrating a decline of -31.9 % compared to the previous year. The operating profit percentage was at 21.7 % (EBIT: 0 mDKK), while net earnings were 8.3 kDKK. The profitability of the company measured by Return on Assets (ROA) was 3.9 %, which can be considered weak but Return on Equity (ROE) was 7.8 %, which can be considered decent. The equity ratio, a key indicator for solidity, stood at 37.5 %, a level that can be considered to be low. This means a higher proportion of debt in its capital structure, indicating a greater reliance on borrowed funds. ALIVIATE DEVELOPMENT ApS's liquidity measured by quick ratio was 2.2 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 financialsNet sales (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2020 | 2021 | 2022 | 2023 | 2024 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | 176.94 | 98.11 | 84.49 | 80.07 | 54.55 |
Gross profit | 5.46 | 4.82 | 15.88 | 26.28 | 11.82 |
EBIT | 1.73 | -9.64 | 15.84 | 26.28 | 11.82 |
Net earnings | 1.31 | -10.51 | 9.87 | 21.90 | 8.26 |
Shareholders equity total | 80.00 | 69.50 | 79.36 | 101.27 | 109.52 |
Balance sheet total (assets) | 487.72 | 487.25 | 340.78 | 321.61 | 291.70 |
Net debt | -71.81 | 5.49 | -2.51 | -34.73 | -13.17 |
Profitability | |||||
EBIT-% | 1.0 % | -9.8 % | 18.7 % | 32.8 % | 21.7 % |
ROA | 0.4 % | -2.0 % | 3.8 % | 7.9 % | 3.9 % |
ROE | 1.6 % | -14.1 % | 13.3 % | 24.3 % | 7.8 % |
ROI | 1.4 % | -5.5 % | 12.4 % | 29.1 % | 11.2 % |
Economic value added (EVA) | -2.29 | -18.47 | 3.03 | 18.93 | 4.12 |
Solvency | |||||
Equity ratio | 16.4 % | 14.3 % | 23.3 % | 31.5 % | 37.5 % |
Gearing | 119.8 % | 154.3 % | |||
Relative net indebtedness % | 30.0 % | 131.5 % | 144.3 % | 125.6 % | 218.2 % |
Liquidity | |||||
Quick ratio | 2.2 | 2.1 | 2.7 | 2.4 | 2.2 |
Current ratio | 2.2 | 2.1 | 2.7 | 2.4 | 2.2 |
Cash and cash equivalents | 167.64 | 101.76 | 2.51 | 34.73 | 13.17 |
Capital use efficiency | |||||
Trade debtors turnover (days) | 443.5 | 982.5 | 563.0 | 617.2 | 1 069.6 |
Net working capital % | 150.9 % | 261.4 % | 256.1 % | 232.6 % | 292.5 % |
Credit risk | |||||
Credit rating | BB | BB | BB | BB | BB |
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