Altius Equity ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About Altius Equity ApS
Altius Equity ApS (CVR number: 36960388) is a company from VEJLE. The company recorded a gross profit of -13.6 kDKK in 2023. The operating profit was -13.6 kDKK, while net earnings were -10.8 kDKK. The profitability of the company measured by Return on Assets (ROA) was 3.7 %, which can be considered weak but Return on Equity (ROE) was -2.8 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 38.2 %, a level that can be considered to be low. This means a higher proportion of debt in its capital structure, indicating a greater reliance on borrowed funds. Altius Equity ApS's liquidity measured by quick ratio was 1.6 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 | -61.00 | 23.00 | -13.00 | -13.00 | -13.56 |
EBIT | -61.00 | 23.00 | -13.00 | -13.00 | -13.56 |
Net earnings | - 120.00 | -27.00 | - 372.00 | - 276.00 | -10.83 |
Shareholders equity total | 1 069.00 | 1 041.00 | 669.00 | 393.00 | 381.87 |
Balance sheet total (assets) | 2 076.00 | 1 047.00 | 1 075.00 | 827.00 | 998.76 |
Net debt | 107.00 | - 941.00 | - 542.00 | - 304.00 | - 305.68 |
Profitability | |||||
EBIT-% | |||||
ROA | -7.1 % | 0.2 % | -6.1 % | -0.3 % | 3.7 % |
ROE | -10.6 % | -2.6 % | -43.5 % | -52.0 % | -2.8 % |
ROI | -7.4 % | 0.2 % | -6.2 % | -0.3 % | 3.8 % |
Economic value added (EVA) | 1.34 | 111.15 | -12.18 | -1.29 | 2.66 |
Solvency | |||||
Equity ratio | 51.5 % | 99.4 % | 62.2 % | 47.5 % | 38.2 % |
Gearing | 93.5 % | 59.8 % | 108.9 % | 157.2 % | |
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 0.9 | 164.5 | 2.6 | 1.9 | 1.6 |
Current ratio | 0.9 | 164.5 | 2.6 | 1.9 | 1.6 |
Cash and cash equivalents | 893.00 | 941.00 | 942.00 | 732.00 | 905.85 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | BBB | BBB | BBB | BBB | BBB |
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