ADDING HOLDING ApS — Credit Rating and Financial Key Figures

CVR number: 38411276
Gasværksvej 24, 9000 Aalborg

Company information

Official name
ADDING HOLDING ApS
Established
2017
Company form
Private limited company
Industry

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 financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2019
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 earnings532.711 037.722 090.644 239.455 521.92
Shareholders equity total8 109.598 997.3010 937.9515 177.4013 199.32
Balance sheet total (assets)23 722.0423 709.3624 888.0523 570.6420 336.25
Net debt13 953.569 772.775 376.60976.913 841.00
Profitability
EBIT-%
ROA8.7 %7.3 %11.5 %19.5 %26.6 %
ROE13.1 %12.1 %21.0 %32.5 %38.9 %
ROI8.7 %7.3 %11.9 %20.9 %27.8 %
Economic value added (EVA)-53.04768.45775.34836.49682.77
Solvency
Equity ratio34.2 %37.9 %43.9 %64.4 %64.9 %
Gearing173.9 %146.0 %112.5 %44.1 %52.5 %
Relative net indebtedness %
Liquidity
Quick ratio0.93.10.70.90.7
Current ratio0.93.10.70.90.7
Cash and cash equivalents148.893 367.206 930.745 715.233 094.84
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingAAAAAAAA

Variable visualization

ROA:26.6%
Rating: 81/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:64.9%
Rating: 50/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer

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