HINRICHSEN ApS — Credit Rating and Financial Key Figures

CVR number: 29442649
Himmerlandsgade 58, 9600 Aars
tel: 98621050

Credit rating

Company information

Official name
HINRICHSEN ApS
Personnel
6 persons
Established
2006
Company form
Private limited company
Industry
  • Expand more icon47Retail trade, except of motor vehicles and motorcycles

About HINRICHSEN ApS

HINRICHSEN ApS (CVR number: 29442649) is a company from VESTHIMMERLANDS. The company recorded a gross profit of 2355.7 kDKK in 2024. The operating profit was 609.9 kDKK, while net earnings were 461.1 kDKK. The profitability of the company measured by Return on Assets (ROA) was 22 %, which can be considered excellent and Return on Equity (ROE) was 31.1 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 58.3 %, a level that can be considered to be modest. This means a balanced mix of debt and equity financing its assets—a typical operational level for many companies. HINRICHSEN ApS's liquidity measured by quick ratio was 0.2 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
2020
2021
2022
2023
2024
Volume
Net sales
Gross profit1 844.982 108.661 701.202 055.562 355.70
EBIT396.56566.11184.46516.20609.93
Net earnings224.96400.86105.93366.05461.09
Shareholders equity total378.31779.17885.101 251.151 712.25
Balance sheet total (assets)2 512.172 673.722 564.352 623.312 934.57
Net debt851.23289.93657.30339.5794.32
Profitability
EBIT-%
ROA15.0 %21.9 %7.1 %20.0 %22.0 %
ROE84.6 %69.3 %12.7 %34.3 %31.1 %
ROI22.9 %46.0 %13.7 %32.8 %35.7 %
Economic value added (EVA)298.41418.53102.84357.67412.73
Solvency
Equity ratio15.1 %29.1 %34.5 %47.7 %58.3 %
Gearing225.8 %37.9 %74.8 %27.6 %5.9 %
Relative net indebtedness %
Liquidity
Quick ratio0.10.10.10.10.2
Current ratio1.21.51.61.92.8
Cash and cash equivalents3.025.414.936.146.08
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBBBBBBBB

Variable visualization

ROA:22.0%
Rating: 77/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:58.3%
Rating: 45/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer

Companies in the same industry

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