HVIDBJERG AUTOVÆRKSTED ApS

CVR number: 31183243
Søndergade 14, Hvidbjerg 7790 Thyholm

Credit rating

Company information

Official name
HVIDBJERG AUTOVÆRKSTED ApS
Established
2008
Domicile
Hvidbjerg
Company form
Private limited company
Industry
  • Expand more icon45Wholesale and retail trade and repair of motor vehicles and motorcycles

About HVIDBJERG AUTOVÆRKSTED ApS

HVIDBJERG AUTOVÆRKSTED ApS (CVR number: 31183243) is a company from STRUER. The company recorded a gross profit of 2109.8 kDKK in 2023. The operating profit was 440.8 kDKK, while net earnings were 254.8 kDKK. The profitability of the company measured by Return on Assets (ROA) was 10.1 %, which can be considered good but Return on Equity (ROE) was 25.7 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 17.7 %, a level that can be considered to be very low. This means the company is highly leveraged, with most assets financed through debt. This high level of financial risk could pose challenges in periods of financial distress or rising interest rates. HVIDBJERG AUTOVÆRKSTED ApS's liquidity measured by quick ratio was 0.3 which is at a very low level. Thus, the company is in an unstable financial position, with its liquid assets significantly undermatching its current liabilities. This severe liquidity deficiency may lead to financial distress and threaten the company's operational continuity.

Financial information

See financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
20192020202120222023
Volume
Net sales
Gross profit1 923.001 925.001 721.001 574.002 109.78
EBIT176.00311.00408.0051.00440.79
Net earnings-84.00104.00232.00- 111.00254.83
Shareholders equity total802.00906.001 089.00863.001 117.77
Balance sheet total (assets)6 074.005 378.005 255.005 886.006 323.74
Net debt4 487.003 553.003 104.003 994.004 065.45
Profitability
EBIT-%
ROA3.1 %5.7 %8.1 %1.0 %10.1 %
ROE-9.4 %12.2 %23.3 %-11.4 %25.7 %
ROI3.6 %6.5 %9.7 %1.2 %11.3 %
Economic value added (EVA)18.47100.90180.76-96.36215.87
Solvency
Equity ratio13.6 %16.8 %20.7 %14.7 %17.7 %
Gearing562.2 %394.9 %287.2 %470.9 %364.4 %
Relative net indebtedness %
Liquidity
Quick ratio0.30.30.40.40.3
Current ratio0.70.60.70.70.7
Cash and cash equivalents22.0025.0024.0070.007.41
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBBBBBBB

Variable visualization

ROA:10.1%
Rating: 57/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:17.7%
Rating: 17/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer

Companies in the same industry

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