AB HOLDING 2 ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About AB HOLDING 2 ApS
AB HOLDING 2 ApS (CVR number: 31607043) is a company from JAMMERBUGT. The company reported a net sales of -0.1 mDKK in 2023, demonstrating a decline of -106.9 % compared to the previous year. The operating profit percentage was poor at 0 % (EBIT: -0.1 mDKK), while net earnings were 55.2 kDKK. The profitability of the company measured by Return on Assets (ROA) was 2.3 %, which can be considered weak and Return on Equity (ROE) was 0.9 %, which can be considered weak. The equity ratio, a key indicator for solidity, stood at 64.4 %, 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. AB HOLDING 2 ApS's liquidity measured by quick ratio was 2.4 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 financialsNet sales (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | 1 024.60 | 746.16 | 359.08 | 771.85 | -53.36 |
Gross profit | 1 017.75 | 737.67 | 353.06 | 764.60 | -59.46 |
EBIT | 1 017.75 | 737.67 | 353.06 | 764.60 | -59.46 |
Net earnings | 1 028.79 | 767.22 | 415.14 | 858.29 | 55.16 |
Shareholders equity total | 5 050.84 | 5 218.06 | 5 258.20 | 6 002.09 | 5 807.24 |
Balance sheet total (assets) | 8 520.83 | 8 403.15 | 8 530.20 | 9 028.09 | 9 013.85 |
Net debt | 3 173.91 | 3 180.09 | 3 232.15 | 2 982.54 | 3 088.80 |
Profitability | |||||
EBIT-% | 99.3 % | 98.9 % | 98.3 % | 99.1 % | |
ROA | 13.8 % | 10.4 % | 6.4 % | 11.4 % | 2.3 % |
ROE | 21.5 % | 14.9 % | 7.9 % | 15.2 % | 0.9 % |
ROI | 14.3 % | 10.6 % | 6.4 % | 11.5 % | 2.3 % |
Economic value added (EVA) | 1 037.13 | 700.83 | 243.53 | 600.87 | - 228.52 |
Solvency | |||||
Equity ratio | 59.3 % | 62.1 % | 61.6 % | 66.5 % | 64.4 % |
Gearing | 62.8 % | 60.9 % | 61.8 % | 50.3 % | 54.6 % |
Relative net indebtedness % | 338.6 % | 426.9 % | 907.1 % | 387.1 % | -5855.5 % |
Liquidity | |||||
Quick ratio | 1.2 | 1.6 | 1.9 | 2.3 | 2.4 |
Current ratio | 1.2 | 1.6 | 1.9 | 2.3 | 2.4 |
Cash and cash equivalents | 0.21 | 14.85 | 38.46 | 82.20 | |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | 60.6 % | 257.6 % | 794.5 % | 495.6 % | -8168.6 % |
Credit risk | |||||
Credit rating | A | A | A | A | BBB |
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