Altimeter Holding ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About Altimeter Holding ApS
Altimeter Holding ApS (CVR number: 18641801) is a company from KØBENHAVN. The company recorded a gross profit of -216.1 kDKK in 2023. The operating profit was -809.8 kDKK, while net earnings were 1331 kDKK. The profitability of the company measured by Return on Assets (ROA) was 13 %, which can be considered good but Return on Equity (ROE) was 5 %, which can be considered decent. The equity ratio, a key indicator for solidity, stood at 67.7 %, 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. Altimeter Holding ApS's liquidity measured by quick ratio was 1.7 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 financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | |||||
Gross profit | - 141.63 | - 182.84 | - 196.56 | - 157.58 | - 216.09 |
EBIT | 1 447.47 | -1 262.99 | 4 325.30 | 1 260.14 | - 809.78 |
Net earnings | 3 284.33 | 1 916.27 | 6 563.00 | -6 939.06 | 1 330.99 |
Shareholders equity total | 24 527.25 | 26 443.53 | 32 733.89 | 25 694.83 | 27 030.04 |
Balance sheet total (assets) | 31 067.98 | 32 556.16 | 47 196.10 | 38 957.92 | 39 917.88 |
Net debt | -4 803.36 | -8 114.43 | -8 203.82 | - 573.00 | -5 554.12 |
Profitability | |||||
EBIT-% | |||||
ROA | 17.1 % | 15.9 % | 33.0 % | 12.5 % | 13.0 % |
ROE | 14.4 % | 7.5 % | 22.2 % | -23.8 % | 5.0 % |
ROI | 17.1 % | 16.2 % | 34.2 % | 12.8 % | 13.1 % |
Economic value added (EVA) | 757.43 | -1 628.28 | 2 984.72 | 213.08 | -1 446.82 |
Solvency | |||||
Equity ratio | 78.9 % | 81.2 % | 69.4 % | 66.0 % | 67.7 % |
Gearing | 21.6 % | 16.0 % | 33.7 % | 46.9 % | 43.7 % |
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 1.9 | 2.6 | 1.5 | 1.3 | 1.7 |
Current ratio | 1.9 | 2.6 | 1.5 | 1.3 | 1.7 |
Cash and cash equivalents | 10 108.56 | 12 357.26 | 19 228.37 | 12 615.79 | 17 354.00 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | AA | AA | A | BBB | AA |
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