Altapay A/S — Credit Rating and Financial Key Figures

Altapay A/S (CVR number: 31872596K) is a company from KØBENHAVN. The company reported a net sales of 28.9 mDKK in 2016. The operating profit percentage was poor at -22.5 % (EBIT: -6.5 mDKK), while net earnings were -4650 kDKK. The profitability of the company measured by Return on Assets (ROA) was -42.1 %, which can be considered poor and Return on Equity (ROE) was -52.6 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 57.3 %, 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. Altapay A/S's liquidity measured by quick ratio was 3.2 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.