HOLDINGSELSKABET 12. SEPTEMBER 1912 A/S — Credit Rating and Financial Key Figures
Credit rating
Company information
About HOLDINGSELSKABET 12. SEPTEMBER 1912 A/S
HOLDINGSELSKABET 12. SEPTEMBER 1912 A/S (CVR number: 38762613) is a company from AARHUS. The company recorded a gross profit of -121.4 kDKK in 2023. The operating profit was -552.3 kDKK, while net earnings were 2076.4 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 7.1 %, which can be considered decent. The equity ratio, a key indicator for solidity, stood at 99.7 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. HOLDINGSELSKABET 12. SEPTEMBER 1912 A/S's liquidity measured by quick ratio was 284 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 financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | |||||
Gross profit | -83.75 | - 107.69 | -92.84 | - 101.53 | - 121.36 |
EBIT | - 516.64 | - 509.91 | - 524.23 | - 533.07 | - 552.27 |
Net earnings | 5 380.00 | 4 650.35 | 2 738.78 | -4 003.87 | 2 076.40 |
Shareholders equity total | 33 290.08 | 35 024.88 | 35 763.66 | 29 259.80 | 28 836.20 |
Balance sheet total (assets) | 34 419.79 | 36 397.84 | 38 401.58 | 29 347.11 | 28 924.89 |
Net debt | -25 116.82 | -24 982.93 | -33 716.34 | -23 687.98 | -24 509.32 |
Profitability | |||||
EBIT-% | |||||
ROA | 20.5 % | 17.7 % | 12.6 % | 3.1 % | 9.1 % |
ROE | 17.2 % | 13.6 % | 7.7 % | -12.3 % | 7.1 % |
ROI | 20.9 % | 18.1 % | 13.1 % | 3.3 % | 9.1 % |
Economic value added (EVA) | - 482.15 | - 508.83 | - 633.21 | - 418.06 | - 588.78 |
Solvency | |||||
Equity ratio | 96.7 % | 96.2 % | 93.1 % | 99.7 % | 99.7 % |
Gearing | |||||
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 22.2 | 47.4 | 12.8 | 285.5 | 284.0 |
Current ratio | 22.2 | 47.4 | 12.8 | 285.5 | 284.0 |
Cash and cash equivalents | 25 116.82 | 24 982.93 | 33 716.34 | 23 687.98 | 24 509.32 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | AA | AA | AA | A | AA |
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