HOLDINGSELSKABET AF 24. MAJ 1999 ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
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 financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | |||||
Gross profit | 134 968.13 | 94 952.75 | 97 674.25 | 97 835.31 | 132 080.51 |
EBIT | 37 065.51 | 96 823.51 | 45 133.70 | 31 808.42 | 61 717.12 |
Net earnings | 39 100.79 | 74 380.42 | 34 477.24 | 33 541.86 | 52 797.04 |
Shareholders equity total | 427 826.68 | 497 207.09 | 529 684.32 | 563 225.94 | 611 122.99 |
Balance sheet total (assets) | 709 095.32 | 779 276.34 | 864 478.90 | 972 978.94 | 988 420.30 |
Net debt | 89 148.75 | 78 210.22 | 147 724.81 | 195 150.31 | 116 009.02 |
Profitability | |||||
EBIT-% | |||||
ROA | 6.8 % | 13.1 % | 5.6 % | 4.7 % | 6.6 % |
ROE | 20.5 % | 27.9 % | 11.8 % | 10.9 % | 16.0 % |
ROI | 7.5 % | 13.8 % | 5.8 % | 4.9 % | 6.9 % |
Economic value added (EVA) | 26 151.71 | 49 994.21 | 6 853.67 | -8 738.42 | 18 254.61 |
Solvency | |||||
Equity ratio | 60.4 % | 63.9 % | 61.3 % | 57.9 % | 61.8 % |
Gearing | 35.9 % | 31.0 % | 36.8 % | 44.2 % | 34.9 % |
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 2.0 | 3.3 | 2.4 | 1.4 | 3.3 |
Current ratio | 2.0 | 3.2 | 4.1 | 2.2 | 3.4 |
Cash and cash equivalents | 64 547.72 | 76 010.11 | 47 324.75 | 53 797.86 | 97 413.79 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | AAA | AAA | AAA | AAA | AAA |
Variable visualization
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