Sub Holding A/S — Credit Rating and Financial Key Figures
Credit rating
Company information
About Sub Holding A/S
Sub Holding A/S (CVR number: 41134240) is a company from KØBENHAVN. The company recorded a gross profit of -16.1 kDKK in 2023. The operating profit was -16.1 kDKK, while net earnings were 216.2 kDKK. The profitability of the company measured by Return on Assets (ROA) was 20.2 %, which can be considered excellent and Return on Equity (ROE) was 24.2 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 81.7 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. Sub Holding A/S's liquidity measured by quick ratio was 2.4 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 financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|
Volume | ||||
Net sales | ||||
Gross profit | -24.33 | -6.88 | -11.01 | -16.13 |
EBIT | -24.33 | -6.88 | -11.01 | -16.13 |
Net earnings | 98.78 | 110.73 | 176.86 | 216.16 |
Shareholders equity total | 498.78 | 609.51 | 786.37 | 1 002.52 |
Balance sheet total (assets) | 546.68 | 688.65 | 928.68 | 1 226.74 |
Net debt | 9.38 | 6.95 | 94.24 | 123.72 |
Profitability | ||||
EBIT-% | ||||
ROA | 17.5 % | 17.8 % | 22.0 % | 20.2 % |
ROE | 19.8 % | 20.0 % | 25.3 % | 24.2 % |
ROI | 18.8 % | 19.5 % | 23.8 % | 21.7 % |
Economic value added (EVA) | -21.18 | -16.43 | -15.83 | -8.67 |
Solvency | ||||
Equity ratio | 91.2 % | 88.5 % | 84.7 % | 81.7 % |
Gearing | 1.9 % | 1.1 % | 12.0 % | 12.3 % |
Relative net indebtedness % | ||||
Liquidity | ||||
Quick ratio | 8.1 | 5.2 | 3.3 | 2.4 |
Current ratio | 8.1 | 5.2 | 3.3 | 2.4 |
Cash and cash equivalents | ||||
Capital use efficiency | ||||
Trade debtors turnover (days) | ||||
Net working capital % | ||||
Credit risk | ||||
Credit rating | BBB | BBB | A | BBB |
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