Glenn Hedevang Invest ApS — Credit Rating and Financial Key Figures

CVR number: 38557572
Dunhammervej 4, Høgild 7400 Herning
glenn294@hotmail.com
tel: 41292641

Company information

Official name
Glenn Hedevang Invest ApS
Established
2017
Domicile
Høgild
Company form
Private limited company
Industry

About Glenn Hedevang Invest ApS

Glenn Hedevang Invest ApS (CVR number: 38557572) is a company from HERNING. The company reported a net sales of 0.2 mDKK in 2023, demonstrating a growth of 204.8 % compared to the previous year. The operating profit percentage was at 96.8 % (EBIT: 0.2 mDKK), while net earnings were 194.1 kDKK. The profitability of the company measured by Return on Assets (ROA) was 36.2 %, which can be considered excellent and Return on Equity (ROE) was 51 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 67.4 %, 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. Glenn Hedevang Invest ApS's liquidity measured by quick ratio was 0.8 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
2019
2020
2021
2022
2023
Volume
Net sales66.00201.18
Gross profit-1.00-4.0056.00194.81
EBIT-1.00-4.0055.00194.81
Net earnings-1.00-4.0056.00194.13
Shareholders equity total0.00149.00145.00292.00469.22
Balance sheet total (assets)0.00158.00252.00401.00696.32
Net debt- 149.0079.0089.00173.55
Profitability
EBIT-%83.3 %96.8 %
ROA-0.6 %-1.5 %17.8 %36.2 %
ROE-0.7 %-2.7 %25.6 %51.0 %
ROI-0.6 %-1.5 %17.8 %36.6 %
Economic value added (EVA)-0.00-1.00-3.5554.05202.66
Solvency
Equity ratio100.0 %94.3 %57.5 %72.8 %67.4 %
Gearing6.0 %73.8 %37.3 %45.7 %
Relative net indebtedness %134.8 %92.6 %
Liquidity
Quick ratio17.61.41.30.8
Current ratio17.61.41.30.8
Cash and cash equivalents158.0028.0020.0040.72
Capital use efficiency
Trade debtors turnover (days)
Net working capital %56.1 %-23.7 %
Credit risk
Credit ratingBBBBBBBBBBA

Variable visualization

ROA:36.2%
Rating: 87/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:67.4%
Rating: 51/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

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