Althoff Holding A/S — Credit Rating and Financial Key Figures

CVR number: 38109871
Fridtjof Nansens Plads 5, 2100 København Ø
keld@althoff.dk
tel: 20149290

Company information

Official name
Althoff Holding A/S
Established
2016
Company form
Limited company
Industry

About Althoff Holding A/S

Althoff Holding A/S (CVR number: 38109871) is a company from KØBENHAVN. The company recorded a gross profit of -9.8 kDKK in 2024. The operating profit was -9.8 kDKK, while net earnings were 862.6 kDKK. The profitability of the company measured by Return on Assets (ROA) was 1.8 %, which can be considered weak and Return on Equity (ROE) was 1.5 %, which can be considered weak. The equity ratio, a key indicator for solidity, stood at 82.7 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. Althoff Holding A/S's liquidity measured by quick ratio was 0.3 which is at a very low level. Thus, the company is in an unstable financial position, with its liquid assets significantly undermatching its current liabilities. This severe liquidity deficiency may lead to financial distress and threaten the company's operational continuity.

Financial information

See financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2020
2021
2022
2023
2024
Volume
Net sales
Gross profit-5.42-5.47-5.60-6.00-9.75
EBIT-5.42-5.47-5.60-6.00-9.75
Net earnings750.49953.824 340.5948 246.77862.65
Shareholders equity total43 657.1344 036.1546 876.7456 289.5457 030.19
Balance sheet total (assets)51 219.2550 901.0658 266.8967 474.0168 953.85
Net debt7 327.086 293.236 806.389 856.7310 402.33
Profitability
EBIT-%
ROA1.9 %2.1 %8.2 %77.2 %1.8 %
ROE1.7 %2.2 %9.5 %93.5 %1.5 %
ROI1.9 %2.2 %8.3 %77.9 %1.8 %
Economic value added (EVA)-2 505.77-2 570.36-2 536.89-2 895.70-3 382.81
Solvency
Equity ratio85.2 %86.5 %80.5 %83.4 %82.7 %
Gearing17.0 %14.4 %22.7 %19.3 %20.9 %
Relative net indebtedness %
Liquidity
Quick ratio0.60.40.50.30.3
Current ratio0.60.40.50.30.3
Cash and cash equivalents80.2265.273 847.961 022.291 510.89
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingAAABBBA

Variable visualization

ROA:1.79%
Rating: 29/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:82.7%
Rating: 62/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer
Chairman of the board
Board member

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