DOWNTOWN HOLDING ApS — Credit Rating and Financial Key Figures

CVR number: 28286228
Nederbyen 14, 8700 Horsens

Credit rating

Company information

Official name
DOWNTOWN HOLDING ApS
Established
2004
Company form
Private limited company
Industry

About DOWNTOWN HOLDING ApS

DOWNTOWN HOLDING ApS (CVR number: 28286228) is a company from HORSENS. The company recorded a gross profit of -7.5 kDKK in 2023. The operating profit was -7.5 kDKK, while net earnings were 13.6 kDKK. The profitability of the company measured by Return on Assets (ROA) was 1.1 %, which can be considered weak and Return on Equity (ROE) was 1.1 %, which can be considered weak. The equity ratio, a key indicator for solidity, stood at 99.4 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. DOWNTOWN HOLDING ApS's liquidity measured by quick ratio was 2.1 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-5.68-5.63-6.25-6.88-7.50
EBIT-5.68-5.63-6.25-6.88-7.50
Net earnings124.77119.30202.52317.7413.58
Shareholders equity total1 051.941 060.651 150.171 410.711 014.29
Balance sheet total (assets)1 057.571 107.011 179.021 416.961 020.54
Net debt-13.11- 105.04-67.57- 150.80-13.42
Profitability
EBIT-%
ROA11.9 %11.0 %17.8 %24.5 %1.1 %
ROE12.0 %11.3 %18.3 %24.8 %1.1 %
ROI12.0 %11.3 %18.4 %24.8 %1.1 %
Economic value added (EVA)22.8325.4625.0229.0235.03
Solvency
Equity ratio99.5 %95.8 %97.6 %99.6 %99.4 %
Gearing
Relative net indebtedness %
Liquidity
Quick ratio14.42.32.324.12.1
Current ratio14.42.32.324.12.1
Cash and cash equivalents13.11105.0467.57150.8013.42
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingAAAAABBB

Variable visualization

ROA:1.11%
Rating: 26/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:99.4%
Rating: 91/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

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