44+45 Holding ApS — Credit Rating and Financial Key Figures

CVR number: 37763799
Nordhusvej 1 B, 3220 Tisvildeleje

Credit rating

Company information

Official name
44+45 Holding ApS
Established
2016
Company form
Private limited company
Industry

About 44+45 Holding ApS

44+45 Holding ApS (CVR number: 37763799) is a company from GRIBSKOV. The company recorded a gross profit of 123.3 kDKK in 2023. The operating profit was 94.9 kDKK, while net earnings were 738.2 kDKK. The profitability of the company measured by Return on Assets (ROA) was 19.9 %, which can be considered excellent and Return on Equity (ROE) was 28.7 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 72.4 %, 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. 44+45 Holding ApS's liquidity measured by quick ratio was 3.5 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 financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2019
2020
2021
2022
2023
Volume
Net sales
Gross profit168.81134.84121.10107.68123.30
EBIT140.45106.4892.7479.3294.94
Net earnings276.89358.73688.49698.53738.24
Shareholders equity total655.28958.711 590.702 232.032 911.36
Balance sheet total (assets)4 063.073 819.404 098.204 047.204 040.80
Net debt3 225.192 826.232 329.081 794.751 084.43
Profitability
EBIT-%
ROA11.7 %12.9 %20.2 %19.4 %19.9 %
ROE50.9 %44.5 %54.0 %36.5 %28.7 %
ROI12.0 %13.2 %20.7 %19.8 %20.0 %
Economic value added (EVA)116.7647.32-2.67-14.34-37.67
Solvency
Equity ratio16.5 %25.5 %39.2 %55.5 %72.4 %
Gearing503.9 %295.1 %147.4 %80.4 %37.7 %
Relative net indebtedness %
Liquidity
Quick ratio0.30.20.40.73.5
Current ratio0.30.20.40.73.5
Cash and cash equivalents76.752.9715.8912.48
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBBBBBBBB

Variable visualization

ROA:19.9%
Rating: 74/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:72.4%
Rating: 54/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer

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