ALTOS FINANS A/S — Credit Rating and Financial Key Figures

CVR number: 70393328
Tranemosevej 73, 2750 Ballerup
tel: 44667788

Credit rating

Company information

Official name
ALTOS FINANS A/S
Established
1982
Company form
Limited company
Industry
  • Expand more icon77Rental and leasing activities

About ALTOS FINANS A/S

ALTOS FINANS A/S (CVR number: 70393328) is a company from BALLERUP. The company recorded a gross profit of 3123.5 kDKK in 2023. The operating profit was 43.2 kDKK, while net earnings were 219 kDKK. The profitability of the company measured by Return on Assets (ROA) was 2.2 %, which can be considered weak and Return on Equity (ROE) was 1.2 %, which can be considered weak. The equity ratio, a key indicator for solidity, stood at 92.1 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. ALTOS FINANS A/S'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

Net sales (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
20192020202120222023
Volume
Net sales1 765.861 610.292 116.86
Gross profit925.041 502.622 001.302 470.953 123.52
EBIT- 491.03276.79320.69116.0043.17
Net earnings- 516.78330.22131.49333.87219.04
Shareholders equity total18 180.5218 400.7418 475.7318 752.3918 912.66
Balance sheet total (assets)19 211.1620 653.7421 594.9721 951.8920 545.40
Net debt-2 457.49506.95471.93-1 258.40- 460.81
Profitability
EBIT-%-27.8 %17.2 %15.1 %
ROA-2.2 %1.9 %1.8 %2.3 %2.2 %
ROE-2.8 %1.8 %0.7 %1.8 %1.2 %
ROI-2.2 %1.9 %1.9 %2.3 %2.2 %
Economic value added (EVA)-1 173.69- 496.14- 518.60- 680.88- 676.15
Solvency
Equity ratio94.6 %89.1 %85.6 %85.4 %92.1 %
Gearing1.9 %12.0 %16.7 %17.0 %8.2 %
Relative net indebtedness %-100.1 %34.4 %23.7 %
Liquidity
Quick ratio7.72.92.12.41.7
Current ratio7.72.92.12.41.7
Cash and cash equivalents2 798.841 698.512 617.314 437.502 019.87
Capital use efficiency
Trade debtors turnover (days)18.192.5
Net working capital %351.9 %223.1 %91.9 %
Credit risk
Credit ratingAAAAAAAA

Variable visualization

ROA:2.24%
Rating: 31/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:92.1%
Rating: 72/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Companies in the same industry

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