Glenn Hedevang Invest ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
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 financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | 66.00 | 201.18 | |||
Gross profit | -1.00 | -4.00 | 56.00 | 194.81 | |
EBIT | -1.00 | -4.00 | 55.00 | 194.81 | |
Net earnings | -1.00 | -4.00 | 56.00 | 194.13 | |
Shareholders equity total | 0.00 | 149.00 | 145.00 | 292.00 | 469.22 |
Balance sheet total (assets) | 0.00 | 158.00 | 252.00 | 401.00 | 696.32 |
Net debt | - 149.00 | 79.00 | 89.00 | 173.55 | |
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 | -3.55 | 54.05 | 202.66 |
Solvency | |||||
Equity ratio | 100.0 % | 94.3 % | 57.5 % | 72.8 % | 67.4 % |
Gearing | 6.0 % | 73.8 % | 37.3 % | 45.7 % | |
Relative net indebtedness % | 134.8 % | 92.6 % | |||
Liquidity | |||||
Quick ratio | 17.6 | 1.4 | 1.3 | 0.8 | |
Current ratio | 17.6 | 1.4 | 1.3 | 0.8 | |
Cash and cash equivalents | 158.00 | 28.00 | 20.00 | 40.72 | |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | 56.1 % | -23.7 % | |||
Credit risk | |||||
Credit rating | BB | BB | BBB | BBB | A |
Variable visualization
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