Alt Service ApS — Credit Rating and Financial Key Figures

CVR number: 39144492
Bygmestervej 2, 2400 København NV
altservice_ivs@outlook.dk

Company information

Official name
Alt Service ApS
Personnel
23 persons
Established
2017
Company form
Private limited company
Industry

About Alt Service ApS

Alt Service ApS (CVR number: 39144492) is a company from KØBENHAVN. The company reported a net sales of 2.7 mDKK in 2023, demonstrating a growth of 73.5 % compared to the previous year. The operating profit percentage was at 0.2 % (EBIT: 0 mDKK), while net earnings were 4.4 kDKK. The profitability of the company measured by Return on Assets (ROA) was 1.1 %, which can be considered weak and Return on Equity (ROE) was 1.1 %, which can be considered weak. The equity ratio, a key indicator for solidity, stood at -12.2 %. This indicates that the company's debt surpasses the value of its total assets, posing significant financial risk. Alt Service ApS's liquidity measured by quick ratio was 0.9 which is at a modest level. Thus, the company's liquid assets are in relative balance with its short-term liabilities, indicating a moderate liquidity position. While it's likely to meet its current obligations, financial flexibility may be constrained, and unexpected costs could pose challenges.

Financial information

See financials

Net sales (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2019
2020
2021
2022
2023
Volume
Net sales527.19467.28567.691 545.982 681.79
Gross profit277.72467.28234.12654.521 424.43
EBIT-1.79265.96- 121.7113.965.63
Net earnings-1.9372.93- 121.8013.694.42
Shareholders equity total-21.0125.84-98.25-84.56-81.11
Balance sheet total (assets)251.19167.3068.21255.81583.56
Net debt-56.40-0.47-67.87- 185.32- 515.51
Profitability
EBIT-%-0.3 %56.9 %-21.4 %0.9 %0.2 %
ROA-1.2 %121.0 %-72.9 %5.5 %1.1 %
ROE-1.5 %52.7 %-259.0 %8.5 %1.1 %
ROI-6.0 %623.2 %-941.9 %
Economic value added (EVA)0.63214.33- 121.4821.4812.25
Solvency
Equity ratio-7.7 %15.4 %-59.0 %-24.8 %-12.2 %
Gearing-283.2 %
Relative net indebtedness %29.6 %30.2 %17.4 %10.0 %5.6 %
Liquidity
Quick ratio0.91.20.40.80.9
Current ratio0.91.20.40.80.9
Cash and cash equivalents115.910.4767.87185.32515.51
Capital use efficiency
Trade debtors turnover (days)93.7130.30.216.49.1
Net working capital %-4.0 %5.5 %-17.3 %-5.5 %-3.0 %
Credit risk
Credit ratingBBBBBBBB

Variable visualization

ROA:1.12%
Rating: 26/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:-12.2%
Rating: 0/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer

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