Athena Investments ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About Athena Investments ApS
Athena Investments ApS (CVR number: 36696915K) is a company from KØBENHAVN. The company recorded a gross profit of 0 kEUR in 2021, demonstrating a decline of -100 % compared to the previous year. The operating profit was -1113 kEUR, while net earnings were -2046 kEUR. The profitability of the company measured by Return on Assets (ROA) was 0.5 %, which can be considered weak but Return on Equity (ROE) was -3.7 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 95.5 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. Athena Investments ApS's liquidity measured by quick ratio was 3.6 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 financialsNet sales (kEUR)
EBIT (kEUR)
Profitability
Solidity
Key figures (kEUR)
See financials2017 | 2018 | 2019 | 2020 | 2021 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | 56 443.00 | 272.00 | 386.00 | 135.00 | |
Gross profit | 26 908.00 | - 306.00 | 23.00 | 135.00 | |
EBIT | 23 023.00 | -6 284.00 | -8 720.00 | -4 466.00 | -1 113.00 |
Net earnings | 8 808.00 | 4 943.00 | -46 752.00 | -11 751.00 | -2 046.00 |
Shareholders equity total | 209 358.00 | 212 205.00 | 73 005.00 | 61 449.00 | 48 821.00 |
Balance sheet total (assets) | 413 470.00 | 402 195.00 | 48 838.00 | 41 710.00 | 51 118.00 |
Net debt | -48 562.00 | -66 590.00 | -38 339.00 | -31 745.00 | -2 929.00 |
Profitability | |||||
EBIT-% | 40.8 % | -2310.3 % | -2259.1 % | -3308.1 % | |
ROA | 5.5 % | -1.5 % | -3.9 % | -9.1 % | 0.5 % |
ROE | 4.3 % | 2.3 % | -32.8 % | -17.5 % | -3.7 % |
ROI | 6.3 % | -1.7 % | -4.2 % | -9.6 % | -4.2 % |
Economic value added (EVA) | 7 158.04 | -17 289.99 | -19 470.27 | -8 147.10 | -4 200.81 |
Solvency | |||||
Equity ratio | 49.6 % | 52.6 % | 94.4 % | 95.6 % | 95.5 % |
Gearing | |||||
Relative net indebtedness % | 290.3 % | 45772.1 % | -8817.9 % | -21423.7 % | |
Liquidity | |||||
Quick ratio | 2.5 | 2.9 | 8.5 | 40.7 | 3.6 |
Current ratio | 2.5 | 2.9 | 8.5 | 40.7 | 3.6 |
Cash and cash equivalents | 48 562.00 | 66 590.00 | 38 339.00 | 31 745.00 | 2 929.00 |
Capital use efficiency | |||||
Trade debtors turnover (days) | 109.0 | 17 210.0 | 42.6 | 102.7 | |
Net working capital % | 81.5 % | 21973.5 % | 7543.3 % | 20026.7 % | |
Credit risk | |||||
Credit rating | AAA | A | BBB | BBB | BBB |
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