EDC Hjortkær & Mortensen ApS

CVR number: 35228640
Østergade 2, 4230 Skælskør

Credit rating

Company information

Official name
EDC Hjortkær & Mortensen ApS
Established
2013
Company form
Private limited company
Industry
  • Expand more icon68Real estate activities

About EDC Hjortkær & Mortensen ApS

EDC Hjortkær & Mortensen ApS (CVR number: 35228640) is a company from SLAGELSE. The company recorded a gross profit of 4094.3 kDKK in 2022. The operating profit was -13.8 kDKK, while net earnings were -27.5 kDKK. The profitability of the company measured by Return on Assets (ROA) was -0.5 %, which can be considered poor and Return on Equity (ROE) was -3.6 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 6 %, 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. EDC Hjortkær & Mortensen ApS's liquidity measured by quick ratio was 0.8 which is at a low level. Thus, the company may face difficulties in addressing its short-term obligations with its available liquid assets.

Financial information

See financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
20182019202020212022
Volume
Net sales
Gross profit2 604.862 570.643 699.615 839.184 094.27
EBIT- 233.66-28.06906.521 789.86-13.83
Net earnings- 196.4258.02690.391 382.77-27.45
Shareholders equity total254.72312.741 003.131 462.7752.55
Balance sheet total (assets)1 124.581 235.871 838.833 529.52975.55
Net debt- 297.88- 292.35-1 228.86-1 627.32- 304.15
Profitability
EBIT-%
ROA-14.0 %8.2 %59.0 %66.7 %-0.5 %
ROE-39.1 %20.4 %104.9 %112.2 %-3.6 %
ROI-37.4 %21.7 %115.9 %145.1 %-1.5 %
Economic value added (EVA)- 166.32-13.75713.951 402.89-6.54
Solvency
Equity ratio23.4 %26.6 %61.9 %44.8 %6.0 %
Gearing30.1 %78.4 %
Relative net indebtedness %
Liquidity
Quick ratio0.60.83.22.20.8
Current ratio0.60.72.11.90.7
Cash and cash equivalents374.57537.461 228.861 627.32304.15
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBBBB

Variable visualization

ROA:-0.50%
Rating: 19/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:5.96%
Rating: 6/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Companies in the same industry

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