Ace & Tate Denmark ApS — Credit Rating and Financial Key Figures

CVR number: 38129481
Havneholmen 29, 1561 København V
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Credit rating

Company information

Official name
Ace & Tate Denmark ApS
Personnel
9 persons
Established
2016
Company form
Private limited company
Industry

About Ace & Tate Denmark ApS

Ace & Tate Denmark ApS (CVR number: 38129481) is a company from KØBENHAVN. The company recorded a gross profit of 5311.9 kDKK in 2024. The operating profit was 228.5 kDKK, while net earnings were 166.2 kDKK. The profitability of the company measured by Return on Assets (ROA) was 9.9 %, which can be considered good but Return on Equity (ROE) was 36.3 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 23 %, 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. Ace & Tate Denmark ApS's liquidity measured by quick ratio was 0.8 which is at a low level. Thus, the company may face difficulties in addressing its short-term obligations with its available liquid assets.

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 profit2 508.323 747.894 400.875 330.635 311.86
EBIT-54.00130.56236.11185.08228.45
Net earnings- 130.42-26.57106.2614.88166.20
Shareholders equity total280.04253.47359.73374.61540.81
Balance sheet total (assets)5 654.623 804.592 272.942 266.282 353.94
Net debt1 081.86342.30- 139.5146.40- 344.63
Profitability
EBIT-%
ROA-1.4 %3.2 %7.8 %7.7 %9.9 %
ROE-37.6 %-10.0 %34.7 %4.1 %36.3 %
ROI-2.0 %4.5 %14.3 %20.3 %19.7 %
Economic value added (EVA)- 115.44-75.34112.14143.53188.94
Solvency
Equity ratio5.0 %6.7 %15.8 %16.5 %23.0 %
Gearing1256.9 %788.7 %90.1 %93.3 %158.2 %
Relative net indebtedness %
Liquidity
Quick ratio0.60.50.40.20.8
Current ratio0.60.50.40.20.8
Cash and cash equivalents2 437.911 656.93463.64303.281 200.15
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBBBBBBB

Variable visualization

ROA:9.89%
Rating: 57/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:23.0%
Rating: 21/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

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