VESTERLANDSVEJ 8, HANDEST ApS — Credit Rating and Financial Key Figures

CVR number: 34585768
Skolebakken 8, 8990 Fårup

Credit rating

Company information

Official name
VESTERLANDSVEJ 8, HANDEST ApS
Established
2012
Company form
Private limited company
Industry

About VESTERLANDSVEJ 8, HANDEST ApS

VESTERLANDSVEJ 8, HANDEST ApS (CVR number: 34585768) is a company from MARIAGERFJORD. The company recorded a gross profit of 136.8 kDKK in 2024. The operating profit was 129.5 kDKK, while net earnings were 95.2 kDKK. The profitability of the company measured by Return on Assets (ROA) was 23.1 %, which can be considered excellent and Return on Equity (ROE) was 26.1 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 69 %, a level that can be considered to be good. This shows that a large part of the company's assets are funded by shareholders' equity, reducing financial risk. VESTERLANDSVEJ 8, HANDEST 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
2020
2021
2022
2023
2024
Volume
Net sales
Gross profit59.48126.58126.33126.07136.84
EBIT54.69119.91119.03118.77129.54
Net earnings35.0391.1792.0387.0095.20
Shareholders equity total220.18311.35346.88376.68354.08
Balance sheet total (assets)384.58489.96506.25550.54572.93
Net debt8.54-3.30-25.15-78.50- 108.20
Profitability
EBIT-%
ROA14.4 %27.4 %23.9 %22.5 %23.1 %
ROE17.3 %34.3 %28.0 %24.0 %26.1 %
ROI20.9 %34.7 %27.3 %28.8 %34.2 %
Economic value added (EVA)32.2883.3277.3876.2485.49
Solvency
Equity ratio57.3 %63.5 %68.5 %68.4 %69.0 %
Gearing11.5 %
Relative net indebtedness %
Liquidity
Quick ratio0.10.10.40.50.7
Current ratio0.10.10.40.50.5
Cash and cash equivalents16.873.3025.1578.50108.20
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBBBBBBBB

Variable visualization

ROA:23.1%
Rating: 79/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:69.0%
Rating: 52/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer

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