Altinget ApS — Credit Rating and Financial Key Figures

Altinget ApS (CVR number: 29624453) is a company from KØBENHAVN. The company recorded a gross profit of 79.7 mDKK in 2023. The operating profit was 9326 kDKK, while net earnings were 8040 kDKK. The profitability of the company measured by Return on Assets (ROA) was 15.4 %, which can be considered excellent and Return on Equity (ROE) was 67.4 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 15.8 %, a level that can be considered to be very low. This means the company is highly leveraged, with most assets financed through debt. This high level of financial risk could pose challenges in periods of financial distress or rising interest rates. Altinget ApS's liquidity measured by quick ratio was 0.6 which is at a low level. Thus, the company may face difficulties in addressing its short-term obligations with its available liquid assets.