HANDELS- & UDLEJNINGSSELSKABET AF 2.4.1988 ApS

CVR number: 12535937
Cypresvænget 101, Enø 4736 Karrebæksminde
revigreg@mail.tele.dk
tel: 22915203

Credit rating

Company information

Official name
HANDELS- & UDLEJNINGSSELSKABET AF 2.4.1988 ApS
Established
1988
Domicile
Enø
Company form
Private limited company
Industry
  • Expand more icon77Rental and leasing activities

About the company

HANDELS- & UDLEJNINGSSELSKABET AF 2.4.1988 ApS (CVR number: 12535937) is a company from NÆSTVED. The company recorded a gross profit of 21.9 kDKK in 2023. The operating profit was 21.9 kDKK, while net earnings were 12.2 kDKK. The profitability of the company measured by Return on Assets (ROA) was 6 %, which can be considered decent and Return on Equity (ROE) was 6.5 %, which can be considered decent. The equity ratio, a key indicator for solidity, stood at 51.6 %, 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. HANDELS- & UDLEJNINGSSELSKABET AF 2.4.1988 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
20192020202120222023
Volume
Net sales
Gross profit21.5024.9824.3722.7921.86
EBIT21.5024.9824.3722.7921.86
Net earnings7.0610.089.1110.6512.22
Shareholders equity total151.68161.75170.86181.51193.73
Balance sheet total (assets)355.21357.31355.53360.36375.31
Net debt172.67165.17128.16115.40-29.41
Profitability
EBIT-%
ROA6.1 %7.0 %6.8 %6.4 %6.0 %
ROE4.8 %6.4 %5.5 %6.0 %6.5 %
ROI6.3 %7.3 %7.4 %7.2 %8.4 %
Economic value added (EVA)0.483.343.042.662.13
Solvency
Equity ratio42.7 %45.3 %48.1 %50.4 %51.6 %
Gearing120.8 %108.8 %79.3 %71.1 %
Relative net indebtedness %
Liquidity
Quick ratio0.60.70.30.30.2
Current ratio0.60.70.30.30.2
Cash and cash equivalents10.5810.837.4113.6929.41
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBBB

Variable visualization

ROA:5.96%
Rating: 46/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:51.6%
Rating: 41/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer

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