HANDELSFIRMAET AF 19/2 2007 ApS — Credit Rating and Financial Key Figures

CVR number: 21077704
Kongensgade 38, 6070 Christiansfeld

Credit rating

Company information

Official name
HANDELSFIRMAET AF 19/2 2007 ApS
Established
1998
Company form
Private limited company
Industry

About HANDELSFIRMAET AF 19/2 2007 ApS

HANDELSFIRMAET AF 19/2 2007 ApS (CVR number: 21077704) is a company from KOLDING. The company recorded a gross profit of -19.2 kDKK in 2024. The operating profit was -19.2 kDKK, while net earnings were -234.5 kDKK. The profitability of the company measured by Return on Assets (ROA) was 4.1 %, which can be considered decent but Return on Equity (ROE) was -21.1 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 5.3 %, 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. HANDELSFIRMAET AF 19/2 2007 ApS's liquidity measured by quick ratio was 0.8 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 financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2020
2021
2022
2023
2024
Volume
Net sales
Gross profit-22.87-49.07-20.55-21.35-19.24
EBIT-22.87-49.07-20.55-21.35-19.24
Net earnings124.80385.38- 114.53229.35- 234.45
Shareholders equity total730.291 115.671 001.141 230.49996.03
Balance sheet total (assets)16 267.7816 897.5017 007.7918 101.4118 641.83
Net debt13 645.0813 204.6613 335.0414 140.2114 674.39
Profitability
EBIT-%
ROA2.5 %4.4 %2.1 %6.2 %4.1 %
ROE18.7 %41.8 %-10.8 %20.6 %-21.1 %
ROI2.5 %4.5 %2.1 %6.3 %4.2 %
Economic value added (EVA)- 983.18- 854.98- 864.97- 870.54- 920.60
Solvency
Equity ratio4.5 %6.6 %5.9 %6.8 %5.3 %
Gearing2125.5 %1412.2 %1597.3 %1364.6 %1770.1 %
Relative net indebtedness %
Liquidity
Quick ratio0.80.80.80.80.8
Current ratio0.80.80.80.80.8
Cash and cash equivalents1 877.412 550.662 656.612 651.032 956.41
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBBBBBBBB

Variable visualization

ROA:4.15%
Rating: 40/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:5.34%
Rating: 6/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer

Companies in the same industry

Try the full version of our system for free
Bankruptcy risk visualization example

... and more!

No registration needed.