ADDING HOLDING ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About ADDING HOLDING ApS
ADDING HOLDING ApS (CVR number: 38411276) is a company from AALBORG. The company recorded a gross profit of -10.9 kDKK in 2023. The operating profit was -10.9 kDKK, while net earnings were 5521.9 kDKK. The profitability of the company measured by Return on Assets (ROA) was 26.6 %, which can be considered excellent and Return on Equity (ROE) was 38.9 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 64.9 %, 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. ADDING HOLDING ApS's liquidity measured by quick ratio was 0.7 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 financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | |||||
Gross profit | -68.78 | -19.23 | -22.06 | -39.55 | -10.95 |
EBIT | -68.78 | -19.23 | -22.06 | -39.55 | -10.95 |
Net earnings | 532.71 | 1 037.72 | 2 090.64 | 4 239.45 | 5 521.92 |
Shareholders equity total | 8 109.59 | 8 997.30 | 10 937.95 | 15 177.40 | 13 199.32 |
Balance sheet total (assets) | 23 722.04 | 23 709.36 | 24 888.05 | 23 570.64 | 20 336.25 |
Net debt | 13 953.56 | 9 772.77 | 5 376.60 | 976.91 | 3 841.00 |
Profitability | |||||
EBIT-% | |||||
ROA | 8.7 % | 7.3 % | 11.5 % | 19.5 % | 26.6 % |
ROE | 13.1 % | 12.1 % | 21.0 % | 32.5 % | 38.9 % |
ROI | 8.7 % | 7.3 % | 11.9 % | 20.9 % | 27.8 % |
Economic value added (EVA) | -53.04 | 768.45 | 775.34 | 836.49 | 682.77 |
Solvency | |||||
Equity ratio | 34.2 % | 37.9 % | 43.9 % | 64.4 % | 64.9 % |
Gearing | 173.9 % | 146.0 % | 112.5 % | 44.1 % | 52.5 % |
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 0.9 | 3.1 | 0.7 | 0.9 | 0.7 |
Current ratio | 0.9 | 3.1 | 0.7 | 0.9 | 0.7 |
Cash and cash equivalents | 148.89 | 3 367.20 | 6 930.74 | 5 715.23 | 3 094.84 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | A | A | AA | AA | AA |
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