Altapay A/S — Credit Rating and Financial Key Figures
Credit rating
Company information
About Altapay A/S
Altapay A/S (CVR number: 31872596) is a company from KØBENHAVN. The company recorded a gross profit of 19.6 mDKK in 2023. The operating profit was -3992 kDKK, while net earnings were -1146 kDKK. The profitability of the company measured by Return on Assets (ROA) was -8.1 %, which can be considered poor and Return on Equity (ROE) was -3.2 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 87.7 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. Altapay A/S's liquidity measured by quick ratio was 3.1 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 financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | |||||
Gross profit | 2 500.87 | 27 758.00 | 19 277.00 | 24 776.00 | 19 617.00 |
EBIT | -67 156.41 | 4 334.00 | 345.00 | 1 999.00 | -3 992.00 |
Net earnings | -69 488.43 | 4 009.00 | 2 227.00 | 3 635.00 | -1 146.00 |
Shareholders equity total | 9 314.37 | 30 323.00 | 32 555.00 | 36 190.00 | 35 044.00 |
Balance sheet total (assets) | 22 042.47 | 40 712.00 | 38 308.00 | 41 411.00 | 39 951.00 |
Net debt | -11 213.97 | -18 953.00 | -5 193.00 | -3 325.00 | -2 329.00 |
Profitability | |||||
EBIT-% | |||||
ROA | -189.9 % | 13.8 % | 2.7 % | 6.0 % | -8.1 % |
ROE | -299.9 % | 20.2 % | 7.1 % | 10.6 % | -3.2 % |
ROI | -311.0 % | 21.9 % | 3.4 % | 6.9 % | -9.2 % |
Economic value added (EVA) | -66 601.06 | 4 437.19 | 332.59 | 749.86 | -3 623.75 |
Solvency | |||||
Equity ratio | 42.3 % | 74.5 % | 85.0 % | 87.4 % | 87.7 % |
Gearing | 0.3 % | 1.5 % | |||
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 1.6 | 2.9 | 2.9 | 3.9 | 3.1 |
Current ratio | 1.6 | 2.9 | 2.9 | 4.0 | 3.2 |
Cash and cash equivalents | 11 213.97 | 18 953.00 | 5 284.00 | 3 881.00 | 2 329.00 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | BB | AAA | AAA | AAA | A |
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