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44+45 Holding ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About 44+45 Holding ApS
44+45 Holding ApS (CVR number: 37763799) is a company from GRIBSKOV. The company recorded a gross profit of -13 kDKK in 2025. The operating profit was -25.5 kDKK, while net earnings were -61.6 kDKK. The profitability of the company measured by Return on Assets (ROA) was -0.4 %, which can be considered poor and Return on Equity (ROE) was -1.8 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 57.2 %, a level that can be considered to be modest. This means a balanced mix of debt and equity financing its assets—a typical operational level for many companies. 44+45 Holding ApS's liquidity measured by quick ratio was 1.1 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 financials2021 | 2022 | 2023 | 2024 | 2025 | |
|---|---|---|---|---|---|
| Volume | |||||
| Net sales | |||||
| Gross profit | 121.10 | 107.68 | 123.30 | 124.18 | -13.02 |
| EBIT | 92.74 | 79.32 | 94.94 | 95.82 | -25.46 |
| Net earnings | 688.49 | 698.53 | 738.24 | 240.87 | -61.64 |
| Shareholders equity total | 1 590.70 | 2 232.03 | 2 911.36 | 2 941.23 | 3 898.75 |
| Balance sheet total (assets) | 4 098.20 | 4 047.20 | 4 040.80 | 4 276.98 | 6 832.11 |
| Net debt | 2 329.08 | 1 794.75 | 1 084.43 | 1 137.47 | 2 790.36 |
| Profitability | |||||
| EBIT-% | |||||
| ROA | 20.2 % | 19.4 % | 19.9 % | 7.4 % | -0.4 % |
| ROE | 54.0 % | 36.5 % | 28.7 % | 8.2 % | -1.8 % |
| ROI | 20.7 % | 19.8 % | 20.0 % | 7.6 % | -0.4 % |
| Economic value added (EVA) | - 124.50 | - 141.45 | - 139.44 | - 138.00 | - 228.00 |
| Solvency | |||||
| Equity ratio | 39.2 % | 55.5 % | 72.0 % | 69.0 % | 57.2 % |
| Gearing | 147.4 % | 80.4 % | 37.7 % | 40.0 % | 71.6 % |
| Relative net indebtedness % | |||||
| Liquidity | |||||
| Quick ratio | 0.4 | 0.7 | 3.5 | 2.0 | 1.1 |
| Current ratio | 0.4 | 0.7 | 3.5 | 1.9 | 1.1 |
| Cash and cash equivalents | 15.89 | 12.48 | 40.05 | ||
| Capital use efficiency | |||||
| Trade debtors turnover (days) | |||||
| Net working capital % | |||||
| Credit risk | |||||
| Credit rating | A | A | A | A | BBB |
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