HOLDINGSELSKABET AF 24. MAJ 1999 ApS — Credit Rating and Financial Key Figures

CVR number: 21847178
Skipper Clements Allé 14, 2300 København S

Credit rating

Company information

Official name
HOLDINGSELSKABET AF 24. MAJ 1999 ApS
Established
1999
Company form
Private limited company
Industry

About HOLDINGSELSKABET AF 24. MAJ 1999 ApS

HOLDINGSELSKABET AF 24. MAJ 1999 ApS (CVR number: 21847178K) is a company from KØBENHAVN. The company recorded a gross profit of 132.1 mDKK in 2023. The operating profit was 61.7 mDKK, while net earnings were 52.8 mDKK. The profitability of the company measured by Return on Assets (ROA) was 6.6 %, which can be considered decent but Return on Equity (ROE) was 16 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 61.8 %, a level that can be considered to be good. This shows that a large part of the company's assets are funded by shareholders' equity, reducing financial risk. HOLDINGSELSKABET AF 24. MAJ 1999 ApS's liquidity measured by quick ratio was 3.3 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
2019
2020
2021
2022
2023
Volume
Net sales
Gross profit134 968.1394 952.7597 674.2597 835.31132 080.51
EBIT37 065.5196 823.5145 133.7031 808.4261 717.12
Net earnings39 100.7974 380.4234 477.2433 541.8652 797.04
Shareholders equity total427 826.68497 207.09529 684.32563 225.94611 122.99
Balance sheet total (assets)709 095.32779 276.34864 478.90972 978.94988 420.30
Net debt89 148.7578 210.22147 724.81195 150.31116 009.02
Profitability
EBIT-%
ROA6.8 %13.1 %5.6 %4.7 %6.6 %
ROE20.5 %27.9 %11.8 %10.9 %16.0 %
ROI7.5 %13.8 %5.8 %4.9 %6.9 %
Economic value added (EVA)26 151.7149 994.216 853.67-8 738.4218 254.61
Solvency
Equity ratio60.4 %63.9 %61.3 %57.9 %61.8 %
Gearing35.9 %31.0 %36.8 %44.2 %34.9 %
Relative net indebtedness %
Liquidity
Quick ratio2.03.32.41.43.3
Current ratio2.03.24.12.23.4
Cash and cash equivalents64 547.7276 010.1147 324.7553 797.8697 413.79
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingAAAAAAAAAAAAAAA

Variable visualization

ROA:6.62%
Rating: 47/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:61.8%
Rating: 48/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

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