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 0.1 mDKK in 2024, demonstrating a decline of -41.8 % compared to the previous year. The operating profit percentage was at 91.7 % (EBIT: 0.1 mDKK), while net earnings were 115.9 kDKK. The profitability of the company measured by Return on Assets (ROA) was 13.9 %, which can be considered good but Return on Equity (ROE) was 23 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 53.8 %, 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. Glenn Hedevang Invest ApS's liquidity measured by quick ratio was 0.9 which is at a modest level. Thus, the company's liquid assets are in relative balance with its short-term liabilities, indicating a moderate liquidity position. While it's likely to meet its current obligations, financial flexibility may be constrained, and unexpected costs could pose challenges.
Financial information
See financialsNet sales (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2020 | 2021 | 2022 | 2023 | 2024 | |
|---|---|---|---|---|---|
| Volume | |||||
| Net sales | 66.00 | 202.00 | 117.60 | ||
| Gross profit | -1.00 | -4.00 | 56.00 | 194.00 | 107.80 |
| EBIT | -1.00 | -4.00 | 55.00 | 194.00 | 107.80 |
| Net earnings | -1.00 | -4.00 | 56.00 | 194.00 | 115.91 |
| Shareholders equity total | 149.00 | 145.00 | 292.00 | 469.00 | 538.94 |
| Balance sheet total (assets) | 158.00 | 252.00 | 401.00 | 698.00 | 1 001.32 |
| Net debt | - 149.00 | 79.00 | 89.00 | 175.00 | 431.01 |
| Profitability | |||||
| EBIT-% | 83.3 % | 96.0 % | 91.7 % | ||
| ROA | -0.6 % | -1.5 % | 17.8 % | 36.0 % | 13.9 % |
| ROE | -0.7 % | -2.7 % | 25.6 % | 51.0 % | 23.0 % |
| ROI | -0.6 % | -1.5 % | 17.8 % | 36.5 % | 14.2 % |
| Economic value added (EVA) | -1.00 | -11.94 | 42.34 | 174.85 | 79.02 |
| Solvency | |||||
| Equity ratio | 94.3 % | 57.5 % | 72.8 % | 67.2 % | 53.8 % |
| Gearing | 6.0 % | 73.8 % | 37.3 % | 46.1 % | 82.0 % |
| Relative net indebtedness % | 134.8 % | 93.1 % | 383.8 % | ||
| Liquidity | |||||
| Quick ratio | 17.6 | 1.4 | 1.3 | 0.8 | 0.9 |
| Current ratio | 17.6 | 1.4 | 1.3 | 0.8 | 0.9 |
| Cash and cash equivalents | 158.00 | 28.00 | 20.00 | 41.00 | 10.99 |
| Capital use efficiency | |||||
| Trade debtors turnover (days) | |||||
| Net working capital % | 56.1 % | -24.3 % | -42.0 % | ||
| Credit risk | |||||
| Credit rating | BB | BB | BBB | BBB | A |
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