Altius Equity ApS — Credit Rating and Financial Key Figures

CVR number: 36960388
Nederager 29, 7120 Vejle Øst
peter@citius-consult.dk

Credit rating

Company information

Official name
Altius Equity ApS
Established
2015
Company form
Private limited company
Industry

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 financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2019
2020
2021
2022
2023
Volume
Net sales
Gross profit-61.0023.00-13.00-13.00-13.56
EBIT-61.0023.00-13.00-13.00-13.56
Net earnings- 120.00-27.00- 372.00- 276.00-10.83
Shareholders equity total1 069.001 041.00669.00393.00381.87
Balance sheet total (assets)2 076.001 047.001 075.00827.00998.76
Net debt107.00- 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)1.34111.15-12.18-1.292.66
Solvency
Equity ratio51.5 %99.4 %62.2 %47.5 %38.2 %
Gearing93.5 %59.8 %108.9 %157.2 %
Relative net indebtedness %
Liquidity
Quick ratio0.9164.52.61.91.6
Current ratio0.9164.52.61.91.6
Cash and cash equivalents893.00941.00942.00732.00905.85
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBBBBBBBB

Variable visualization

ROA:3.72%
Rating: 39/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:38.2%
Rating: 32/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer

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