ALTUGLAS INTERNATIONAL DENMARK A/S — Credit Rating and Financial Key Figures

CVR number: 12505078
Strandvejen 60, 2900 Hellerup
ejohnson@trinseo.com
tel: 96464646
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Credit rating

Company information

Official name
ALTUGLAS INTERNATIONAL DENMARK A/S
Personnel
20 persons
Established
1988
Company form
Limited company
Industry

About ALTUGLAS INTERNATIONAL DENMARK A/S

ALTUGLAS INTERNATIONAL DENMARK A/S (CVR number: 12505078) is a company from GENTOFTE. The company recorded a gross profit of 7959 kDKK in 2024. The operating profit was 540 kDKK, while net earnings were -44 kDKK. The profitability of the company measured by Return on Assets (ROA) was 1.2 %, which can be considered weak but Return on Equity (ROE) was -0.3 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 19.8 %, a level that can be considered to be very low. This means the company is highly leveraged, with most assets financed through debt. This high level of financial risk could pose challenges in periods of financial distress or rising interest rates. ALTUGLAS INTERNATIONAL DENMARK A/S's liquidity measured by quick ratio was 1.2 which is at a high level. Thus, the company is in a strong financial position, with liquid assets surpassing current liabilities. It is well-prepared to cover short-term financial obligations.

Financial information

See financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2020
2021
2022
2023
2024
Volume
Net sales
Gross profit28 940.0030 259.0029 255.0037 825.007 959.00
EBIT1 289.001 793.001 820.002 999.00540.00
Net earnings942.001 157.00901.00775.00-44.00
Shareholders equity total11 141.0012 298.0013 199.0013 974.0013 930.00
Balance sheet total (assets)33 644.0036 219.0045 254.0058 355.0070 471.00
Net debt11 005.0012 174.0021 529.0010 794.0052 785.00
Profitability
EBIT-%
ROA3.7 %5.1 %4.5 %5.8 %1.2 %
ROE8.5 %9.9 %7.1 %5.7 %-0.3 %
ROI6.6 %6.5 %5.4 %6.8 %1.3 %
Economic value added (EVA)311.36115.87- 147.48218.53-2 153.17
Solvency
Equity ratio33.1 %34.0 %29.2 %23.9 %19.8 %
Gearing110.4 %122.9 %170.9 %245.4 %382.7 %
Relative net indebtedness %
Liquidity
Quick ratio0.30.40.60.91.2
Current ratio0.30.50.60.91.2
Cash and cash equivalents1 300.002 940.001 033.0023 503.00531.00
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingAAAABBB

Variable visualization

ROA:1.19%
Rating: 26/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:19.8%
Rating: 19/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Board member

Companies in the same industry

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