HOLDINGSELSKABET AF 17/10 1990 ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About HOLDINGSELSKABET AF 17/10 1990 ApS
HOLDINGSELSKABET AF 17/10 1990 ApS (CVR number: 14032649) is a company from AALBORG. The company reported a net sales of 0.6 mDKK in 2023, demonstrating a decline of -53.3 % compared to the previous year. The operating profit percentage was at 97.4 % (EBIT: 0.5 mDKK), while net earnings were 639.5 kDKK. The profitability of the company measured by Return on Assets (ROA) was 14.2 %, which can be considered good but Return on Equity (ROE) was 16.9 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 71.2 %, a level that can be considered to be good. This shows that a large part of the company's assets are funded by shareholders' equity, reducing financial risk. HOLDINGSELSKABET AF 17/10 1990 ApS's liquidity measured by quick ratio was 2.3 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 financials2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | 387.70 | - 269.21 | 1 455.38 | 1 201.21 | 561.08 |
Gross profit | 355.01 | - 285.57 | 1 442.44 | 1 189.34 | 546.71 |
EBIT | 355.01 | - 285.57 | 1 442.44 | 1 189.34 | 546.71 |
Net earnings | 359.53 | - 188.20 | 1 515.26 | 1 256.53 | 639.52 |
Shareholders equity total | 4 980.67 | 3 792.47 | 4 307.73 | 4 064.27 | 3 503.79 |
Balance sheet total (assets) | 5 039.79 | 3 802.48 | 5 443.40 | 5 710.70 | 4 919.88 |
Net debt | - 726.85 | - 155.26 | 669.00 | 1 045.94 | 1 118.12 |
Profitability | |||||
EBIT-% | 91.6 % | 99.1 % | 99.0 % | 97.4 % | |
ROA | 6.2 % | -3.7 % | 33.4 % | 24.0 % | 14.2 % |
ROE | 6.5 % | -4.3 % | 37.4 % | 30.0 % | 16.9 % |
ROI | 6.8 % | -3.7 % | 34.7 % | 25.3 % | 14.8 % |
Economic value added (EVA) | 534.65 | - 452.72 | 1 302.55 | 1 170.54 | 565.98 |
Solvency | |||||
Equity ratio | 98.8 % | 99.7 % | 79.1 % | 71.2 % | 71.2 % |
Gearing | 18.8 % | 33.8 % | 36.2 % | ||
Relative net indebtedness % | -172.2 % | 54.0 % | 68.2 % | 109.6 % | 225.3 % |
Liquidity | |||||
Quick ratio | 70.2 | 318.3 | 3.0 | 2.1 | 2.3 |
Current ratio | 70.2 | 318.3 | 3.0 | 2.1 | 2.3 |
Cash and cash equivalents | 726.85 | 155.26 | 142.61 | 329.67 | 151.82 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | 1055.8 % | -1179.2 % | 153.5 % | 149.0 % | 333.0 % |
Credit risk | |||||
Credit rating | A | BBB | A | A | A |
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