Altinget ApS — Credit Rating and Financial Key Figures

CVR number: 29624453
Ny Kongensgade 10, 1472 København K
adm@altinget.dk
tel: 33343540
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Credit rating

Company information

Official name
Altinget ApS
Personnel
149 persons
Established
2006
Company form
Private limited company
Industry

About Altinget ApS

Altinget ApS (CVR number: 29624453) is a company from KØBENHAVN. The company recorded a gross profit of 90 mDKK in 2024. The operating profit was 10.5 mDKK, while net earnings were 8955 kDKK. The profitability of the company measured by Return on Assets (ROA) was 16.3 %, which can be considered excellent and Return on Equity (ROE) was 73.6 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 18.4 %, 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 1.1 which is at a modest level. Thus, the company's liquid assets are in relative balance with its short-term liabilities, indicating a moderate liquidity position. While it's likely to meet its current obligations, financial flexibility may be constrained, and unexpected costs could pose challenges.

Financial information

See financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2020
2021
2022
2023
2024
Volume
Net sales
Gross profit70 756.0079 576.0079 670.0085 024.0089 974.00
EBIT12 261.0014 507.0011 240.009 326.0010 494.00
Net earnings9 753.0011 715.009 395.008 040.008 955.00
Shareholders equity total12 041.0014 757.0013 152.0010 691.0013 646.00
Balance sheet total (assets)69 303.0076 699.0067 526.0067 686.0074 094.00
Net debt-11 591.00-6 927.00-8 166.00
Profitability
EBIT-%
ROA17.2 %19.9 %17.0 %15.4 %16.3 %
ROE88.8 %87.4 %67.3 %67.4 %73.6 %
ROI17.2 %19.9 %27.1 %76.6 %80.9 %
Economic value added (EVA)11 761.7713 901.948 022.666 586.387 497.15
Solvency
Equity ratio100.0 %100.0 %19.5 %15.8 %18.4 %
Gearing1.7 %20.7 %3.5 %
Relative net indebtedness %
Liquidity
Quick ratio0.80.61.1
Current ratio0.80.61.1
Cash and cash equivalents11 810.009 141.008 639.00
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBBBBBBBB

Variable visualization

ROA:16.3%
Rating: 68/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:18.4%
Rating: 18/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

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