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ALTUNTAS HOLDING ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About ALTUNTAS HOLDING ApS
ALTUNTAS HOLDING ApS (CVR number: 35647198) is a company from ODENSE. The company recorded a gross profit of -29.6 kDKK in 2024. The operating profit was -29.6 kDKK, while net earnings were 173.9 kDKK. The profitability of the company measured by Return on Assets (ROA) was 6.9 %, which can be considered decent but Return on Equity (ROE) was 11.4 %, which can be considered good. The equity ratio, a key indicator for solidity, stood at 37.2 %, 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. ALTUNTAS HOLDING ApS's liquidity measured by quick ratio was 0.7 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 financials2020 | 2021 | 2022 | 2023 | 2024 | |
|---|---|---|---|---|---|
| Volume | |||||
| Net sales | |||||
| Gross profit | -12.06 | -12.93 | -14.48 | -18.00 | -29.65 |
| EBIT | -12.06 | -12.93 | -14.48 | -18.00 | -29.65 |
| Net earnings | -7.95 | -56.61 | 49.69 | - 283.74 | 173.87 |
| Shareholders equity total | 1 578.56 | 1 521.95 | 1 571.64 | 1 437.42 | 1 611.29 |
| Balance sheet total (assets) | 3 466.53 | 3 493.76 | 3 842.03 | 3 819.42 | 4 326.24 |
| Net debt | 1 723.27 | 1 706.01 | 2 058.63 | 2 240.08 | 2 576.44 |
| Profitability | |||||
| EBIT-% | |||||
| ROA | 0.3 % | -2.4 % | 5.0 % | -5.2 % | 6.9 % |
| ROE | -0.5 % | -3.7 % | 3.2 % | -18.9 % | 11.4 % |
| ROI | 0.3 % | -2.5 % | 5.0 % | -5.2 % | 7.0 % |
| Economic value added (EVA) | - 177.50 | - 175.48 | - 185.26 | - 208.25 | - 217.21 |
| Solvency | |||||
| Equity ratio | 45.5 % | 43.6 % | 40.9 % | 37.6 % | 37.2 % |
| Gearing | 109.6 % | 124.0 % | 143.8 % | 165.0 % | 166.1 % |
| Relative net indebtedness % | |||||
| Liquidity | |||||
| Quick ratio | 0.8 | 0.8 | 0.8 | 0.7 | 0.7 |
| Current ratio | 0.8 | 0.8 | 0.8 | 0.7 | 0.7 |
| Cash and cash equivalents | 7.56 | 180.93 | 201.70 | 131.92 | 100.31 |
| Capital use efficiency | |||||
| Trade debtors turnover (days) | |||||
| Net working capital % | |||||
| Credit risk | |||||
| Credit rating | BBB | BBB | BBB | BBB | BBB |
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