ATLS DENMARK FOND — Credit Rating and Financial Key Figures
Credit rating
Company information
About ATLS DENMARK FOND
ATLS DENMARK FOND (CVR number: 20303492) is a company from VIBORG. The company reported a net sales of 2 mDKK in 2024, demonstrating a decline of -9.9 % compared to the previous year. The operating profit percentage was at 1.4 % (EBIT: 0 mDKK), while net earnings were 44.2 kDKK. The profitability of the company measured by Return on Assets (ROA) was 2.5 %, which can be considered weak and Return on Equity (ROE) was 3.9 %, which can be considered weak. The equity ratio, a key indicator for solidity, stood at 52.1 %, 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. ATLS DENMARK FOND's liquidity measured by quick ratio was 2.1 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 (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2020 | 2021 | 2022 | 2023 | 2024 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | 1 220.94 | 1 958.60 | 2 214.59 | 2 264.21 | 2 039.44 |
Gross profit | 325.14 | 884.40 | 703.16 | 514.93 | 571.38 |
EBIT | 34.49 | 545.81 | 238.49 | 0.99 | 28.21 |
Net earnings | 70.89 | 506.80 | 173.61 | -2.75 | 44.19 |
Shareholders equity total | 432.80 | 939.60 | 1 113.22 | 1 110.46 | 1 154.65 |
Balance sheet total (assets) | 1 033.13 | 1 523.96 | 1 756.97 | 1 920.42 | 2 216.23 |
Net debt | - 898.99 | -1 394.81 | -1 600.66 | -1 824.65 | -1 751.30 |
Profitability | |||||
EBIT-% | 2.8 % | 27.9 % | 10.8 % | 0.0 % | 1.4 % |
ROA | 3.4 % | 42.7 % | 14.5 % | 0.1 % | 2.5 % |
ROE | 17.8 % | 73.9 % | 16.9 % | -0.2 % | 3.9 % |
ROI | 8.4 % | 77.4 % | 23.0 % | 0.1 % | 4.5 % |
Economic value added (EVA) | 6.30 | 494.23 | 137.08 | -54.95 | -30.84 |
Solvency | |||||
Equity ratio | 49.1 % | 62.4 % | 68.5 % | 57.8 % | 52.1 % |
Gearing | 0.9 % | ||||
Relative net indebtedness % | -24.5 % | -41.4 % | -43.2 % | -44.8 % | -34.4 % |
Liquidity | |||||
Quick ratio | 2.2 | 2.7 | 3.3 | 2.3 | 2.1 |
Current ratio | 1.6 | 2.6 | 2.7 | 2.3 | 2.1 |
Cash and cash equivalents | 898.99 | 1 394.81 | 1 600.66 | 1 824.65 | 1 762.25 |
Capital use efficiency | |||||
Trade debtors turnover (days) | 1.9 | 4.4 | 15.7 | 1.3 | 69.3 |
Net working capital % | 30.9 % | 45.2 % | 48.0 % | 48.0 % | 56.6 % |
Credit risk | |||||
Credit rating | BBB | BBB | BBB | BBB | BBB |
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