Credit rating
Company information
About ENDURANCE HOLDING ApS
ENDURANCE HOLDING ApS (CVR number: 32161391) is a company from FREDERIKSBERG. The company recorded a gross profit of -37.4 kDKK in 2023. The operating profit was -37.4 kDKK, while net earnings were 5343.3 kDKK. The profitability of the company measured by Return on Assets (ROA) was 29.1 %, which can be considered excellent and Return on Equity (ROE) was 37.7 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 71.2 %, 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. ENDURANCE HOLDING ApS's liquidity measured by quick ratio was 1.4 which is at a high level. Thus, the company is in a strong financial position, with liquid assets surpassing current liabilities. It is well-prepared to cover short-term financial obligations.
Financial information
See financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | |||||
Gross profit | 80.44 | -40.76 | 21.17 | - 100.46 | -37.37 |
EBIT | 80.44 | -40.76 | 21.17 | - 100.46 | -37.37 |
Net earnings | 1 137.55 | 2 885.54 | 3 636.74 | 2 784.02 | 5 343.31 |
Shareholders equity total | 2 603.70 | 5 378.45 | 8 902.19 | 11 571.81 | 16 797.31 |
Balance sheet total (assets) | 2 861.03 | 7 530.99 | 14 066.21 | 16 742.59 | 23 577.94 |
Net debt | -1 427.32 | -2 841.62 | -2 886.98 | 500.62 | -1 164.64 |
Profitability | |||||
EBIT-% | |||||
ROA | 51.9 % | 59.1 % | 34.8 % | 28.3 % | 29.1 % |
ROE | 54.5 % | 72.3 % | 50.9 % | 27.2 % | 37.7 % |
ROI | 55.7 % | 63.1 % | 37.2 % | 29.6 % | 29.8 % |
Economic value added (EVA) | 63.91 | -32.18 | 92.30 | 8.50 | - 138.71 |
Solvency | |||||
Equity ratio | 92.0 % | 72.0 % | 63.3 % | 69.1 % | 71.2 % |
Gearing | 3.7 % | 30.9 % | 47.4 % | 40.5 % | 38.0 % |
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 7.9 | 2.5 | 1.6 | 1.1 | 1.4 |
Current ratio | 7.0 | 2.4 | 1.6 | 1.1 | 1.4 |
Cash and cash equivalents | 1 524.47 | 4 502.43 | 7 109.05 | 4 190.56 | 7 545.37 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | BBB | A | BBB | BBB | A |
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