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

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

Official name
ALTOS FINANS A/S
Established
1982
Company form
Limited company
Industry

About ALTOS FINANS A/S

ALTOS FINANS A/S (CVR number: 70393328) is a company from BALLERUP. The company recorded a gross profit of 3830.8 kDKK in 2024. The operating profit was 447.5 kDKK, while net earnings were 242.1 kDKK. The profitability of the company measured by Return on Assets (ROA) was 3.6 %, which can be considered weak and Return on Equity (ROE) was 1.3 %, which can be considered weak. The equity ratio, a key indicator for solidity, stood at 89.1 %, 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 3.2 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.

Financial information

See financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2020
2021
2022
2023
2024
Volume
Net sales1 610.292 116.86
Gross profit1 502.622 001.302 470.953 123.523 830.75
EBIT276.79320.69116.0043.17447.48
Net earnings330.22131.49333.87174.89242.14
Shareholders equity total18 400.7418 475.7318 752.3918 741.8418 922.98
Balance sheet total (assets)20 653.7421 594.9721 951.8920 545.4021 233.83
Net debt506.95471.93-1 258.40- 460.81-4 557.57
Profitability
EBIT-%17.2 %15.1 %
ROA1.9 %1.8 %2.3 %2.2 %3.6 %
ROE1.8 %0.7 %1.8 %0.9 %1.3 %
ROI1.9 %1.9 %2.3 %2.2 %3.7 %
Economic value added (EVA)- 653.93- 714.77- 967.64-1 067.59- 675.46
Solvency
Equity ratio89.1 %85.6 %85.4 %91.2 %89.1 %
Gearing12.0 %16.7 %17.0 %8.3 %8.3 %
Relative net indebtedness %34.4 %23.7 %
Liquidity
Quick ratio2.92.12.41.73.2
Current ratio2.92.12.41.73.2
Cash and cash equivalents1 698.512 617.314 437.502 019.876 137.40
Capital use efficiency
Trade debtors turnover (days)92.5
Net working capital %223.1 %91.9 %
Credit risk
Credit ratingAAAAAA

Variable visualization

ROA:3.64%
Rating: 38/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:89.1%
Rating: 69/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Companies in the same industry

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