HOLDINGSELSKABET AF 17/10 1990 ApS — Credit Rating and Financial Key Figures

CVR number: 14032649
Vesterå 12, 9000 Aalborg
musikhusetjag@gmail.com

Company information

Official name
HOLDINGSELSKABET AF 17/10 1990 ApS
Established
1990
Company form
Private limited company
Industry

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 financials

Net sales (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2019
2020
2021
2022
2023
Volume
Net sales387.70- 269.211 455.381 201.21561.08
Gross profit355.01- 285.571 442.441 189.34546.71
EBIT355.01- 285.571 442.441 189.34546.71
Net earnings359.53- 188.201 515.261 256.53639.52
Shareholders equity total4 980.673 792.474 307.734 064.273 503.79
Balance sheet total (assets)5 039.793 802.485 443.405 710.704 919.88
Net debt- 726.85- 155.26669.001 045.941 118.12
Profitability
EBIT-%91.6 %99.1 %99.0 %97.4 %
ROA6.2 %-3.7 %33.4 %24.0 %14.2 %
ROE6.5 %-4.3 %37.4 %30.0 %16.9 %
ROI6.8 %-3.7 %34.7 %25.3 %14.8 %
Economic value added (EVA)534.65- 452.721 302.551 170.54565.98
Solvency
Equity ratio98.8 %99.7 %79.1 %71.2 %71.2 %
Gearing18.8 %33.8 %36.2 %
Relative net indebtedness %-172.2 %54.0 %68.2 %109.6 %225.3 %
Liquidity
Quick ratio70.2318.33.02.12.3
Current ratio70.2318.33.02.12.3
Cash and cash equivalents726.85155.26142.61329.67151.82
Capital use efficiency
Trade debtors turnover (days)
Net working capital %1055.8 %-1179.2 %153.5 %149.0 %333.0 %
Credit risk
Credit ratingABBBAAA

Variable visualization

ROA:14.2%
Rating: 65/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:71.2%
Rating: 54/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer
Chief executive officer

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