ABLE Holding ApS — Credit Rating and Financial Key Figures

CVR number: 42566764
Niels Bohrs Vej 16, Taulov 7000 Fredericia

Credit rating

Company information

Official name
ABLE Holding ApS
Established
2021
Domicile
Taulov
Company form
Private limited company
Industry

About ABLE Holding ApS

ABLE Holding ApS (CVR number: 42566764) is a company from FREDERICIA. The company recorded a gross profit of -9.7 kDKK in 2023. The operating profit was -9.7 kDKK, while net earnings were 224.7 kDKK. The profitability of the company measured by Return on Assets (ROA) was 8.1 %, which can be considered good but Return on Equity (ROE) was 6.3 %, which can be considered decent. The equity ratio, a key indicator for solidity, stood at 98.1 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. ABLE Holding ApS's liquidity measured by quick ratio was 53.2 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
2022
2023
Volume
Net sales
Gross profit-9.67-9.70
EBIT-9.67-9.70
Net earnings428.55224.73
Shareholders equity total3 428.553 653.28
Balance sheet total (assets)3 554.883 723.33
Net debt-3 553.05-3 721.50
Profitability
EBIT-%
ROA15.7 %8.1 %
ROE12.5 %6.3 %
ROI16.3 %8.3 %
Economic value added (EVA)-7.55-1.18
Solvency
Equity ratio96.4 %98.1 %
Gearing0.1 %0.1 %
Relative net indebtedness %
Liquidity
Quick ratio28.153.2
Current ratio28.153.2
Cash and cash equivalents3 554.883 723.33
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBB

Variable visualization

ROA:8.10%
Rating: 52/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:98.1%
Rating: 79/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer

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