HBN Ejendomme 2019 ApS — Credit Rating and Financial Key Figures

CVR number: 40514392
H C Davidsens Vej 7, Møgeltønder 6270 Tønder
tel: 73720029

Company information

Official name
HBN Ejendomme 2019 ApS
Established
2019
Domicile
Møgeltønder
Company form
Private limited company
Industry

About HBN Ejendomme 2019 ApS

HBN Ejendomme 2019 ApS (CVR number: 40514392) is a company from TØNDER. The company recorded a gross profit of 188.3 kDKK in 2023. The operating profit was 171.2 kDKK, while net earnings were 82.5 kDKK. The profitability of the company measured by Return on Assets (ROA) was 11.2 %, which can be considered good but Return on Equity (ROE) was 42.8 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 11.7 %, a level that can be considered to be very low. This means the company is highly leveraged, with most assets financed through debt. This high level of financial risk could pose challenges in periods of financial distress or rising interest rates. HBN Ejendomme 2019 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
2019
2020
2021
2022
2023
Volume
Net sales
Gross profit22.58135.16136.5496.33188.32
EBIT16.46118.81119.4379.22171.21
Net earnings-5.6264.5562.5230.2182.47
Shareholders equity total44.38108.93171.44201.65184.12
Balance sheet total (assets)1 051.691 513.901 493.961 494.351 576.21
Net debt1 871.881 231.251 171.771 141.911 094.03
Profitability
EBIT-%
ROA1.6 %9.3 %7.9 %5.3 %11.2 %
ROE-12.7 %84.2 %44.6 %16.2 %42.8 %
ROI0.8 %7.0 %8.3 %5.5 %11.7 %
Economic value added (EVA)16.4696.0592.3357.25127.44
Solvency
Equity ratio4.2 %7.2 %11.5 %13.5 %11.7 %
Gearing4329.3 %1218.3 %730.3 %606.0 %700.9 %
Relative net indebtedness %
Liquidity
Quick ratio0.10.10.10.10.2
Current ratio0.10.10.10.10.2
Cash and cash equivalents49.5095.7580.1580.02196.51
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBBBBBA

Variable visualization

ROA:11.2%
Rating: 60/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:11.7%
Rating: 12/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer
Chief executive officer

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