ATHENAS ApS — Credit Rating and Financial Key Figures

CVR number: 28971990
Flakhaven 1, 5000 Odense C
kontakt@athenas.dk

Credit rating

Company information

Official name
ATHENAS ApS
Personnel
42 persons
Established
2005
Company form
Private limited company
Industry

About ATHENAS ApS

ATHENAS ApS (CVR number: 28971990) is a company from ODENSE. The company recorded a gross profit of 22.4 mDKK in 2024. The operating profit was 1685.4 kDKK, while net earnings were 1613.3 kDKK. The profitability of the company measured by Return on Assets (ROA) was 6.9 %, which can be considered decent but Return on Equity (ROE) was 15.1 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 42.3 %, 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. ATHENAS ApS's liquidity measured by quick ratio was 2.5 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
2020
2021
2022
2023
2024
Volume
Net sales
Gross profit27 399.3332 724.5633 052.0519 217.7622 398.66
EBIT800.695 083.383 907.451 837.721 685.41
Net earnings1 126.324 262.323 442.162 100.741 613.27
Shareholders equity total10 604.6914 867.0118 309.1812 409.929 023.19
Balance sheet total (assets)42 360.7441 089.8639 828.9233 069.2529 739.19
Net debt-4 220.26- 784.2622.29225.932 043.46
Profitability
EBIT-%
ROA5.4 %13.4 %11.3 %7.7 %6.9 %
ROE11.2 %33.5 %20.8 %13.7 %15.1 %
ROI18.9 %42.9 %26.2 %17.4 %18.3 %
Economic value added (EVA)124.283 422.772 282.52447.67676.48
Solvency
Equity ratio42.3 %50.2 %56.7 %50.4 %42.3 %
Gearing1.1 %2.2 %6.9 %1.8 %22.6 %
Relative net indebtedness %
Liquidity
Quick ratio3.53.23.23.02.5
Current ratio1.41.72.01.71.4
Cash and cash equivalents4 335.701 113.011 242.58
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBABBBBBB

Variable visualization

ROA:6.92%
Rating: 48/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:42.3%
Rating: 35/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer

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