ALTIBOX DANMARK A/S — Credit Rating and Financial Key Figures
Credit rating
Company information
About ALTIBOX DANMARK A/S
ALTIBOX DANMARK A/S (CVR number: 31586283) is a company from SKANDERBORG. The company reported a net sales of 244.5 mDKK in 2023, demonstrating a growth of 1.2 % compared to the previous year. The operating profit percentage was at 0.9 % (EBIT: 2.2 mDKK), while net earnings were 1331 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 7.2 %, which can be considered decent. The equity ratio, a key indicator for solidity, stood at 22 %, 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. ALTIBOX DANMARK A/S's liquidity measured by quick ratio was 1.4 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 (mDKK)
EBIT (mDKK)
Profitability
Solidity
Key figures (mDKK)
See financials2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | 144.10 | 168.31 | 217.76 | 241.75 | 244.53 |
Gross profit | 144.10 | 168.31 | 20.13 | 40.83 | 47.97 |
EBIT | 10.41 | 0.73 | -22.61 | -5.70 | 2.17 |
Net earnings | 10.01 | 2.07 | -28.20 | -6.34 | 1.33 |
Shareholders equity total | 37.22 | 39.29 | 11.09 | 17.74 | 19.07 |
Balance sheet total (assets) | 83.64 | 98.27 | 80.35 | 67.96 | 86.83 |
Net debt | -10.02 | -0.54 | -3.21 | -15.25 | |
Profitability | |||||
EBIT-% | 7.2 % | 0.4 % | -10.4 % | -2.4 % | 0.9 % |
ROA | 14.2 % | 0.8 % | -24.9 % | -7.3 % | 3.9 % |
ROE | 31.1 % | 5.4 % | -112.0 % | -44.0 % | 7.2 % |
ROI | 14.2 % | 0.8 % | -33.3 % | -17.3 % | 12.1 % |
Economic value added (EVA) | 9.05 | -1.14 | -29.11 | -5.68 | 2.16 |
Solvency | |||||
Equity ratio | 100.0 % | 100.0 % | 13.8 % | 26.1 % | 22.0 % |
Gearing | 40.4 % | 49.3 % | 18.8 % | ||
Relative net indebtedness % | -6.0 % | 29.5 % | 15.8 % | 20.0 % | |
Liquidity | |||||
Quick ratio | 0.7 | 0.8 | 1.4 | ||
Current ratio | 0.9 | 0.9 | 1.5 | ||
Cash and cash equivalents | 10.02 | 5.02 | 11.95 | 18.84 | |
Capital use efficiency | |||||
Trade debtors turnover (days) | 43.0 | 22.5 | 50.7 | ||
Net working capital % | 6.0 % | -2.2 % | -2.2 % | 8.4 % | |
Credit risk | |||||
Credit rating | A | A | BBB | BBB | BBB |
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