ATH ERHVERV ApS — Credit Rating and Financial Key Figures

CVR number: 35832351
Tunøvej 6, 7000 Fredericia

Company information

Official name
ATH ERHVERV ApS
Established
2014
Company form
Private limited company
Industry

About ATH ERHVERV ApS

ATH ERHVERV ApS (CVR number: 35832351) is a company from FREDERICIA. The company recorded a gross profit of 3974.2 kDKK in 2023. The operating profit was 3034.2 kDKK, while net earnings were 2283 kDKK. The profitability of the company measured by Return on Assets (ROA) was 13.4 %, which can be considered good but Return on Equity (ROE) was 19 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 47.8 %, 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. ATH ERHVERV ApS's liquidity measured by quick ratio was 4.3 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 profit2 708.753 660.583 760.693 833.263 974.20
EBIT1 764.352 707.202 820.712 893.293 034.23
Net earnings1 150.151 930.752 100.332 183.022 282.99
Shareholders equity total4 653.216 583.968 684.2910 867.3113 150.30
Balance sheet total (assets)21 677.4923 554.2924 396.2626 029.1927 537.88
Net debt14 560.6413 724.6811 927.329 751.7710 107.45
Profitability
EBIT-%
ROA9.0 %12.3 %12.4 %12.3 %13.4 %
ROE28.2 %34.4 %27.5 %22.3 %19.0 %
ROI9.4 %13.1 %13.3 %13.2 %14.3 %
Economic value added (EVA)696.321 216.571 239.951 262.861 367.14
Solvency
Equity ratio21.5 %28.0 %35.6 %41.8 %47.8 %
Gearing314.5 %208.6 %144.4 %107.9 %84.5 %
Relative net indebtedness %
Liquidity
Quick ratio0.31.22.23.14.3
Current ratio0.31.22.23.14.3
Cash and cash equivalents73.7610.00616.841 977.171 000.13
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingAAAAAAAAAA

Variable visualization

ROA:13.4%
Rating: 64/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:47.8%
Rating: 38/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer

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