ALTERNATIV VARME ApS — Credit Rating and Financial Key Figures

CVR number: 30004574
Vilhelm Buhls Gade 22, 2300 København S
info@alternativvarme.dk
tel: 32129889

Company information

Official name
ALTERNATIV VARME ApS
Established
2006
Company form
Private limited company
Industry

About ALTERNATIV VARME ApS

ALTERNATIV VARME ApS (CVR number: 30004574) is a company from KØBENHAVN. The company recorded a gross profit of 251.4 kDKK in 2018. The operating profit was 191.5 kDKK, while net earnings were 168.9 kDKK. The profitability of the company measured by Return on Assets (ROA) was 44.4 %, which can be considered excellent and Return on Equity (ROE) was 195.8 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 28.9 %, a level that can be considered to be low. This means a higher proportion of debt in its capital structure, indicating a greater reliance on borrowed funds. ALTERNATIV VARME 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 financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2016
2017
2018
Volume
Net sales
Gross profit309.90122.71251.44
EBIT- 100.8913.34191.49
Net earnings- 104.4518.92168.89
Shareholders equity total-17.121.79170.69
Balance sheet total (assets)336.84348.07591.22
Net debt- 190.54-67.93-31.17
Profitability
EBIT-%
ROA-26.4 %5.9 %44.4 %
ROE-31.0 %11.2 %195.8 %
ROI-675.4 %223.3 %210.0 %
Economic value added (EVA)- 100.8924.47173.81
Solvency
Equity ratio-4.8 %0.5 %28.9 %
Gearing-80.9 %164.5 %1.2 %
Relative net indebtedness %
Liquidity
Quick ratio0.90.91.4
Current ratio1.01.01.5
Cash and cash equivalents204.4070.8833.27
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBB

Variable visualization

ROA:44.4%
Rating: 91/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:28.9%
Rating: 25/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

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