TRUELSENSVEJ 18, HERNING ApS — Credit Rating and Financial Key Figures

CVR number: 28120893
Nørre Alle 7, 7400 Herning

Company information

Official name
TRUELSENSVEJ 18, HERNING ApS
Established
2004
Company form
Private limited company
Industry

About TRUELSENSVEJ 18, HERNING ApS

TRUELSENSVEJ 18, HERNING ApS (CVR number: 28120893) is a company from HERNING. The company recorded a gross profit of 142.3 kDKK in 2022. The operating profit was 104.9 kDKK, while net earnings were 45.2 kDKK. The profitability of the company measured by Return on Assets (ROA) was 3.5 %, which can be considered weak but Return on Equity (ROE) was 12.2 %, which can be considered good. The equity ratio, a key indicator for solidity, stood at 12.8 %, 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. TRUELSENSVEJ 18, HERNING ApS's liquidity measured by quick ratio was 0.1 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
2018
2019
2020
2021
2022
Volume
Net sales
Gross profit86.4671.6884.1542.38142.29
EBIT52.1738.7048.556.77104.89
Net earnings2.251.721.22-30.4045.24
Shareholders equity total374.35376.07377.28346.89392.13
Balance sheet total (assets)3 025.092 991.292 975.112 978.733 064.35
Net debt2 386.612 305.922 282.222 283.462 200.54
Profitability
EBIT-%
ROA1.7 %1.3 %1.6 %0.2 %3.5 %
ROE0.6 %0.5 %0.3 %-8.4 %12.2 %
ROI1.8 %1.3 %1.6 %0.2 %3.5 %
Economic value added (EVA)33.9120.1830.46-12.3766.77
Solvency
Equity ratio12.4 %12.6 %12.7 %11.6 %12.8 %
Gearing639.0 %617.4 %611.8 %671.9 %601.8 %
Relative net indebtedness %
Liquidity
Quick ratio0.00.00.00.00.1
Current ratio0.00.00.00.00.1
Cash and cash equivalents5.6716.1125.9747.36159.39
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBBBBBA

Variable visualization

ROA:3.47%
Rating: 37/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:12.8%
Rating: 13/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

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