AB 68 Holding ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About AB 68 Holding ApS
AB 68 Holding ApS (CVR number: 42130095) is a company from FREDERICIA. The company reported a net sales of 0.6 mDKK in 2023, demonstrating a decline of -10.7 % compared to the previous year. The operating profit percentage was poor at -4.3 % (EBIT: -0 mDKK), while net earnings were -21.7 kDKK. The profitability of the company measured by Return on Assets (ROA) was -14.1 %, which can be considered poor and Return on Equity (ROE) was -20.4 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 47.5 %, 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. AB 68 Holding ApS's liquidity measured by quick ratio was 1.9 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 financialsNet sales (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2021 | 2022 | 2023 | |
---|---|---|---|
Volume | |||
Net sales | 800.65 | 717.55 | 640.70 |
Gross profit | 587.08 | 396.72 | 341.76 |
EBIT | 135.17 | -22.24 | -27.85 |
Net earnings | 105.42 | -17.41 | -21.72 |
Shareholders equity total | 145.42 | 123.10 | 90.18 |
Balance sheet total (assets) | 227.10 | 206.09 | 189.76 |
Net debt | - 162.10 | - 186.09 | - 169.76 |
Profitability | |||
EBIT-% | 16.9 % | -3.1 % | -4.3 % |
ROA | 59.5 % | -10.3 % | -14.1 % |
ROE | 72.5 % | -13.0 % | -20.4 % |
ROI | 93.0 % | -16.6 % | -26.1 % |
Economic value added (EVA) | 105.44 | -16.51 | -18.56 |
Solvency | |||
Equity ratio | 64.0 % | 59.7 % | 47.5 % |
Gearing | |||
Relative net indebtedness % | -10.0 % | -14.4 % | -11.0 % |
Liquidity | |||
Quick ratio | 2.2 | 2.4 | 1.9 |
Current ratio | 2.2 | 2.4 | 1.9 |
Cash and cash equivalents | 162.10 | 186.09 | 169.76 |
Capital use efficiency | |||
Trade debtors turnover (days) | |||
Net working capital % | 11.9 % | 16.5 % | 13.3 % |
Credit risk | |||
Credit rating | BB | BB | BB |
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