ALLIANCE PROPERTIES A/S — Credit Rating and Financial Key Figures
Credit rating
Company information
About ALLIANCE PROPERTIES A/S
ALLIANCE PROPERTIES A/S (CVR number: 33356358) is a company from KØBENHAVN. The company recorded a gross profit of -66.5 kDKK in 2024. The operating profit was -70.4 kDKK, while net earnings were 350.1 kDKK. The profitability of the company measured by Return on Assets (ROA) was 1.9 %, which can be considered weak and Return on Equity (ROE) was 1.8 %, which can be considered weak. The equity ratio, a key indicator for solidity, stood at 84.1 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. ALLIANCE PROPERTIES A/S's liquidity measured by quick ratio was 2.9 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 | 2024 | |
|---|---|---|---|---|---|
| Volume | |||||
| Net sales | |||||
| Gross profit | 338.45 | -19.80 | -61.59 | -66.27 | -66.53 |
| EBIT | 181.46 | -25.47 | -64.65 | -69.48 | -70.39 |
| Net earnings | 701.50 | - 161.88 | 2 434.35 | 3 819.61 | 350.07 |
| Shareholders equity total | 20 103.11 | 13 441.23 | 15 875.58 | 19 695.19 | 20 045.26 |
| Balance sheet total (assets) | 25 129.96 | 17 408.35 | 19 454.84 | 23 401.21 | 23 835.70 |
| Net debt | 4 118.71 | 3 296.48 | 3 562.74 | 3 673.06 | 3 771.35 |
| Profitability | |||||
| EBIT-% | |||||
| ROA | 3.3 % | -0.4 % | 13.7 % | 18.2 % | 1.9 % |
| ROE | 3.5 % | -1.0 % | 16.6 % | 21.5 % | 1.8 % |
| ROI | 3.4 % | -0.4 % | 13.9 % | 18.3 % | 1.9 % |
| Economic value added (EVA) | -1 128.07 | -1 246.69 | - 901.66 | -1 030.98 | -1 230.00 |
| Solvency | |||||
| Equity ratio | 80.0 % | 77.2 % | 81.6 % | 84.2 % | 84.1 % |
| Gearing | 20.9 % | 26.1 % | 22.4 % | 18.7 % | 18.8 % |
| Relative net indebtedness % | |||||
| Liquidity | |||||
| Quick ratio | 1.2 | 2.8 | 3.0 | 3.0 | 2.9 |
| Current ratio | 1.2 | 2.8 | 3.0 | 3.0 | 2.9 |
| Cash and cash equivalents | 81.10 | 215.52 | 17.08 | 2.66 | |
| Capital use efficiency | |||||
| Trade debtors turnover (days) | |||||
| Net working capital % | |||||
| Credit risk | |||||
| Credit rating | A | BBB | A | A | A |
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