HANDELSSELSKABET AF 22. APRIL 1998 ApS

CVR number: 20913975
Vesterskovvej 5, 8370 Hadsten

Credit rating

Company information

Official name
HANDELSSELSKABET AF 22. APRIL 1998 ApS
Established
1998
Company form
Private limited company
Industry
  • Expand more icon68Real estate activities

About the company

HANDELSSELSKABET AF 22. APRIL 1998 ApS (CVR number: 20913975) is a company from FAVRSKOV. The company recorded a gross profit of -63.1 kDKK in 2023. The operating profit was -441.2 kDKK, while net earnings were 647.7 kDKK. The profitability of the company measured by Return on Assets (ROA) was 5.4 %, which can be considered decent but Return on Equity (ROE) was 3.7 %, which can be considered weak. The equity ratio, a key indicator for solidity, stood at 93.6 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. HANDELSSELSKABET AF 22. APRIL 1998 ApS's liquidity measured by quick ratio was 15.5 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 financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
20192020202120222023
Volume
Net sales
Gross profit145.63-47.42799.56- 123.77-63.06
EBIT- 369.85- 687.97- 113.26-1 049.99- 441.20
Net earnings43.13- 271.182 190.77-3 256.12647.72
Shareholders equity total18 760.1718 378.3920 456.1617 085.6417 615.56
Balance sheet total (assets)19 137.6019 502.7622 496.7818 456.6718 828.19
Net debt-16 540.95-16 085.32-20 100.37-15 969.75-16 586.56
Profitability
EBIT-%
ROA2.8 %-0.3 %14.1 %-0.8 %5.4 %
ROE0.2 %-1.5 %11.3 %-17.3 %3.7 %
ROI2.9 %-0.3 %14.2 %-0.8 %5.4 %
Economic value added (EVA)- 388.88- 634.68- 164.77- 757.86- 333.53
Solvency
Equity ratio98.1 %94.2 %90.9 %92.6 %93.6 %
Gearing0.0 %4.5 %7.7 %7.8 %6.7 %
Relative net indebtedness %
Liquidity
Quick ratio181.520.011.013.415.5
Current ratio160.620.011.013.415.5
Cash and cash equivalents16 545.9916 904.2621 672.6517 295.7217 763.90
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBAABBBBBB

Variable visualization

ROA:5.40%
Rating: 44/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:93.6%
Rating: 74/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer

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