ÅRHUS HÅRDE HVIDEVARER A/S — Credit Rating and Financial Key Figures

CVR number: 75976011
Nørregade 10-14, 8000 Aarhus C
tel: 86188911

Credit rating

Company information

Official name
ÅRHUS HÅRDE HVIDEVARER A/S
Personnel
18 persons
Established
1984
Company form
Limited company
Industry

About ÅRHUS HÅRDE HVIDEVARER A/S

ÅRHUS HÅRDE HVIDEVARER A/S (CVR number: 75976011) is a company from AARHUS. The company recorded a gross profit of 4636.8 kDKK in 2024. The operating profit was -1296 kDKK, while net earnings were -387.5 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 -4.3 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 52.4 %, a level that can be considered to be modest. This means a balanced mix of debt and equity financing its assets—a typical operational level for many companies. ÅRHUS HÅRDE HVIDEVARER A/S's liquidity measured by quick ratio was 1 which is at a modest level. Thus, the company's liquid assets are in relative balance with its short-term liabilities, indicating a moderate liquidity position. While it's likely to meet its current obligations, financial flexibility may be constrained, and unexpected costs could pose challenges.

Financial information

See financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2020
2021
2022
2023
2024
Volume
Net sales
Gross profit6 816.747 318.817 769.554 922.064 636.75
EBIT1 346.071 138.781 585.51-1 655.01-1 295.98
Net earnings2 010.721 895.112 599.00171.15- 387.48
Shareholders equity total5 502.376 410.999 009.999 181.148 793.67
Balance sheet total (assets)14 798.4516 385.4118 629.3518 671.4916 945.93
Net debt1 133.503 382.724 397.074 479.541 417.32
Profitability
EBIT-%
ROA17.2 %15.3 %16.8 %1.9 %10.1 %
ROE41.3 %31.8 %33.7 %1.9 %-4.3 %
ROI26.4 %21.2 %19.7 %2.0 %10.7 %
Economic value added (EVA)779.12470.73725.15-2 624.12-2 063.78
Solvency
Equity ratio37.2 %40.3 %49.5 %49.7 %52.4 %
Gearing55.4 %74.3 %76.7 %72.8 %71.2 %
Relative net indebtedness %
Liquidity
Quick ratio0.40.50.70.71.0
Current ratio1.11.21.61.51.7
Cash and cash equivalents1 916.301 381.612 516.902 208.004 843.48
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingAAAABBB

Variable visualization

ROA:10.1%
Rating: 57/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:52.4%
Rating: 42/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Board member

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