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Halgaard Udvikling ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About Halgaard Udvikling ApS
Halgaard Udvikling ApS (CVR number: 42921319) is a company from HOLSTEBRO. The company recorded a gross profit of -260.8 kDKK in 2024. The operating profit was -674.1 kDKK, while net earnings were 8036.3 kDKK. The profitability of the company measured by Return on Assets (ROA) was 13.6 %, which can be considered good and Return on Equity (ROE) was 8.3 %, which can be considered good. The equity ratio, a key indicator for solidity, stood at -3.4 %. This indicates that the company's debt surpasses the value of its total assets, posing significant financial risk. Halgaard Udvikling ApS's liquidity measured by quick ratio was 4.8 which is at a very high level. Thus, the company demonstrates exceptional financial stability, possessing a significant surplus of liquid assets over its short-term liabilities.
Financial information
See financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2022 | 2023 | 2024 | |
|---|---|---|---|
| Volume | |||
| Net sales | |||
| Gross profit | 54.51 | -1 370.58 | - 260.78 |
| EBIT | - 743.03 | -2 269.63 | - 674.10 |
| Net earnings | -3 598.29 | -7 958.26 | 8 036.31 |
| Shareholders equity total | -3 829.12 | -11 787.38 | -3 751.08 |
| Balance sheet total (assets) | 81 407.83 | 89 070.35 | 105 007.00 |
| Net debt | 82 513.01 | 98 805.10 | 105 171.66 |
| Profitability | |||
| EBIT-% | |||
| ROA | -0.9 % | -1.6 % | 13.6 % |
| ROE | -4.4 % | -9.3 % | 8.3 % |
| ROI | -0.9 % | -1.7 % | 13.8 % |
| Economic value added (EVA) | - 579.56 | -5 721.65 | -4 958.62 |
| Solvency | |||
| Equity ratio | -4.5 % | -11.7 % | -3.4 % |
| Gearing | -2154.9 % | -848.2 % | -2852.8 % |
| Relative net indebtedness % | |||
| Liquidity | |||
| Quick ratio | 1.5 | 4.2 | 4.8 |
| Current ratio | 29.7 | 100.3 | 62.5 |
| Cash and cash equivalents | 1 171.22 | 1 839.53 | |
| Capital use efficiency | |||
| Trade debtors turnover (days) | |||
| Net working capital % | |||
| Credit risk | |||
| Credit rating | BB | BB | BB |
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