RELEVANT HOLDING ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About RELEVANT HOLDING ApS
RELEVANT HOLDING ApS (CVR number: 29193592) is a company from FREDERIKSBERG. The company reported a net sales of 0 mDKK in 2023, demonstrating a decline of -98.5 % compared to the previous year. The operating profit percentage was poor at -17705.4 % (EBIT: -0.5 mDKK), while net earnings were 39 mDKK. The profitability of the company measured by Return on Assets (ROA) was 29.7 %, which can be considered excellent and Return on Equity (ROE) was 46 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 62.4 %, 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. RELEVANT 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 financialsNet sales (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | 379.88 | 178.51 | 2.62 | ||
Gross profit | 659.27 | 9 375.72 | 1 716.83 | 1 661.33 | - 328.97 |
EBIT | 359.27 | 8 051.72 | 1 589.65 | 1 532.64 | - 463.70 |
Net earnings | 15 436.57 | -13 811.53 | 1 961.84 | 13 339.48 | 39 015.68 |
Shareholders equity total | 67 858.60 | 58 911.52 | 60 760.35 | 69 865.94 | 99 773.82 |
Balance sheet total (assets) | 85 958.77 | 78 893.75 | 122 487.03 | 131 350.65 | 159 832.48 |
Net debt | -21 304.30 | -11 316.40 | -19 357.52 | - 652.07 | -14 059.81 |
Profitability | |||||
EBIT-% | 418.5 % | 858.6 % | -17705.4 % | ||
ROA | 18.8 % | -16.4 % | 8.5 % | 18.5 % | 29.7 % |
ROE | 23.1 % | -21.8 % | 3.3 % | 20.4 % | 46.0 % |
ROI | 21.1 % | -20.3 % | 10.2 % | 20.7 % | 32.1 % |
Economic value added (EVA) | - 767.62 | 7 615.64 | - 110.27 | 3 226.98 | 2 236.53 |
Solvency | |||||
Equity ratio | 78.9 % | 74.7 % | 49.6 % | 53.2 % | 62.4 % |
Gearing | 8.5 % | 78.0 % | 69.4 % | 51.9 % | |
Relative net indebtedness % | -1418.9 % | 6903.1 % | -219067.4 % | ||
Liquidity | |||||
Quick ratio | 3.2 | 1.7 | 1.1 | 0.9 | 1.3 |
Current ratio | 4.0 | 2.6 | 1.5 | 1.4 | 1.8 |
Cash and cash equivalents | 27 046.71 | 11 316.40 | 66 734.72 | 49 162.31 | 65 796.04 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | -10107.5 % | -16081.0 % | -790577.8 % | ||
Credit risk | |||||
Credit rating | AA | BBB | A | A | AA |
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