TØMRERFIRMAET KARSTEN HINGE ApS

CVR number: 34696012
Solbakkevej 8, 8600 Silkeborg
tel: 28189533

Credit rating

Company information

Official name
TØMRERFIRMAET KARSTEN HINGE ApS
Established
2012
Company form
Private limited company
Industry
  • Expand more icon43Specialised construction activities

About the company

TØMRERFIRMAET KARSTEN HINGE ApS (CVR number: 34696012) is a company from SILKEBORG. The company recorded a gross profit of 819.2 kDKK in 2023. The operating profit was 73.3 kDKK, while net earnings were 46.4 kDKK. The profitability of the company measured by Return on Assets (ROA) was 6.9 %, which can be considered decent but Return on Equity (ROE) was 12.5 %, which can be considered good. The equity ratio, a key indicator for solidity, stood at 12.6 %, 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. TØMRERFIRMAET KARSTEN HINGE ApS's liquidity measured by quick ratio was 0.7 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
20192020202120222023
Volume
Net sales
Gross profit553.38596.90851.441 162.53819.19
EBIT61.42-70.96245.37327.2273.26
Net earnings46.82-56.25189.88252.3946.43
Shareholders equity total343.01286.76476.64616.03126.43
Balance sheet total (assets)545.87591.74815.391 113.581 003.94
Net debt-40.79- 152.73- 587.84- 722.5883.72
Profitability
EBIT-%
ROA12.0 %-12.5 %34.9 %34.0 %6.9 %
ROE14.6 %-17.9 %49.7 %46.2 %12.5 %
ROI18.8 %-22.1 %62.8 %57.8 %14.3 %
Economic value added (EVA)37.68-70.83184.63260.8162.12
Solvency
Equity ratio62.8 %48.5 %58.5 %55.3 %12.6 %
Gearing184.0 %
Relative net indebtedness %
Liquidity
Quick ratio1.51.02.12.20.7
Current ratio1.51.02.12.20.7
Cash and cash equivalents40.79152.73587.84722.58148.88
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBBBB

Variable visualization

ROA:6.92%
Rating: 48/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:12.6%
Rating: 12/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Companies in the same industry

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