Alpha Banking IVS — Credit Rating and Financial Key Figures

Alpha Banking IVS (CVR number: 36564431) is a company from AALBORG. The company recorded a gross profit of -8 kDKK in 2019. The operating profit was -8 kDKK, while net earnings were 346 kDKK. The profitability of the company measured by Return on Assets (ROA) was 9.1 %, which can be considered good but Return on Equity (ROE) was 143 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 4.2 %, a level that can be considered to be very low. This means the company is highly leveraged, with most assets financed through debt. This high level of financial risk could pose challenges in periods of financial distress or rising interest rates. Alpha Banking IVS's liquidity measured by quick ratio was 2 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.