ARSOVIC HOLDING ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About ARSOVIC HOLDING ApS
ARSOVIC HOLDING ApS (CVR number: 36545755) is a company from GREVE. The company recorded a gross profit of -10.4 kDKK in 2023. The operating profit was -10.4 kDKK, while net earnings were 1087.6 kDKK. The profitability of the company measured by Return on Assets (ROA) was 21 %, which can be considered excellent and Return on Equity (ROE) was 26 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 76.2 %, 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. ARSOVIC HOLDING ApS's liquidity measured by quick ratio was 1.3 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 financials2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | 1 580.34 | ||||
Gross profit | -10.00 | 1 565.67 | -12.01 | -14.45 | -10.38 |
EBIT | -10.00 | 1 565.67 | -12.01 | -14.45 | -10.38 |
Net earnings | - 901.00 | 1 562.09 | 1 028.03 | 411.06 | 1 087.64 |
Shareholders equity total | 859.00 | 2 350.69 | 3 322.22 | 3 676.07 | 4 704.82 |
Balance sheet total (assets) | 946.00 | 3 395.81 | 4 325.25 | 4 203.70 | 6 170.87 |
Net debt | -21.00 | -31.45 | -21.70 | 141.62 | 998.27 |
Profitability | |||||
EBIT-% | 99.1 % | ||||
ROA | -57.1 % | 72.1 % | 27.5 % | 10.4 % | 21.0 % |
ROE | -67.4 % | 97.3 % | 36.2 % | 11.7 % | 26.0 % |
ROI | -66.6 % | 88.3 % | 35.3 % | 12.3 % | 21.8 % |
Economic value added (EVA) | 80.34 | 1 600.31 | 119.16 | 123.76 | 125.88 |
Solvency | |||||
Equity ratio | 90.8 % | 69.2 % | 76.8 % | 87.4 % | 76.2 % |
Gearing | 14.3 % | 4.6 % | 30.8 % | ||
Relative net indebtedness % | 42.9 % | ||||
Liquidity | |||||
Quick ratio | 1.8 | 1.0 | 0.7 | 1.1 | 1.3 |
Current ratio | 1.8 | 1.0 | 0.7 | 1.1 | 1.3 |
Cash and cash equivalents | 21.00 | 367.78 | 21.70 | 26.67 | 451.60 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | -1.2 % | ||||
Credit risk | |||||
Credit rating | BBB | BBB | A | A | A |
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