HADSUND ELVÆRK ApS — Credit Rating and Financial Key Figures

CVR number: 33753888
Mejerigade 3, 9560 Hadsund
post@advokathusethellelarsen.dk
tel: 98573884

Credit rating

Company information

Official name
HADSUND ELVÆRK ApS
Established
2011
Company form
Private limited company
Industry

About HADSUND ELVÆRK ApS

HADSUND ELVÆRK ApS (CVR number: 33753888) is a company from MARIAGERFJORD. The company recorded a gross profit of 335.9 kDKK in 2024. The operating profit was 291.3 kDKK, while net earnings were 173.8 kDKK. The profitability of the company measured by Return on Assets (ROA) was 7.4 %, which can be considered decent but Return on Equity (ROE) was 11.9 %, which can be considered good. The equity ratio, a key indicator for solidity, stood at 40 %, 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. HADSUND ELVÆRK ApS's liquidity measured by quick ratio was 0 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
2020
2021
2022
2023
2024
Volume
Net sales
Gross profit320.22344.27269.17325.53335.92
EBIT275.61299.66224.56280.92291.31
Net earnings94.55171.48116.03159.78173.75
Shareholders equity total923.081 094.561 210.591 370.371 544.12
Balance sheet total (assets)4 115.014 064.093 980.673 936.063 891.45
Net debt2 953.262 741.532 596.232 331.152 094.10
Profitability
EBIT-%
ROA6.7 %7.3 %5.6 %7.1 %7.4 %
ROE10.8 %17.0 %10.1 %12.4 %11.9 %
ROI7.0 %7.7 %5.8 %7.4 %7.9 %
Economic value added (EVA)43.0951.82-10.3735.0541.80
Solvency
Equity ratio22.6 %27.1 %30.7 %35.1 %40.0 %
Gearing319.9 %250.5 %214.5 %170.1 %135.6 %
Relative net indebtedness %
Liquidity
Quick ratio0.10.1
Current ratio0.10.1
Cash and cash equivalents
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBBBBBBBB

Variable visualization

ROA:7.44%
Rating: 50/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:40.0%
Rating: 33/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

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