Altimeter Holding ApS — Credit Rating and Financial Key Figures

CVR number: 18641801
Øster Søgade 54, 2100 København Ø
hh@altimeter.dk
tel: 50284848

Company information

Official name
Altimeter Holding ApS
Established
1995
Company form
Private limited company
Industry

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 financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2019
2020
2021
2022
2023
Volume
Net sales
Gross profit- 141.63- 182.84- 196.56- 157.58- 216.09
EBIT1 447.47-1 262.994 325.301 260.14- 809.78
Net earnings3 284.331 916.276 563.00-6 939.061 330.99
Shareholders equity total24 527.2526 443.5332 733.8925 694.8327 030.04
Balance sheet total (assets)31 067.9832 556.1647 196.1038 957.9239 917.88
Net debt-4 803.36-8 114.43-8 203.82- 573.00-5 554.12
Profitability
EBIT-%
ROA17.1 %15.9 %33.0 %12.5 %13.0 %
ROE14.4 %7.5 %22.2 %-23.8 %5.0 %
ROI17.1 %16.2 %34.2 %12.8 %13.1 %
Economic value added (EVA)757.43-1 628.282 984.72213.08-1 446.82
Solvency
Equity ratio78.9 %81.2 %69.4 %66.0 %67.7 %
Gearing21.6 %16.0 %33.7 %46.9 %43.7 %
Relative net indebtedness %
Liquidity
Quick ratio1.92.61.51.31.7
Current ratio1.92.61.51.31.7
Cash and cash equivalents10 108.5612 357.2619 228.3712 615.7917 354.00
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingAAAAABBBAA

Variable visualization

ROA:13.0%
Rating: 63/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:67.7%
Rating: 51/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chairman of the board

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