H.C. Andersen Erhverv ApS — Credit Rating and Financial Key Figures

CVR number: 21595489
Nørregade 45, 5000 Odense C

Company information

Official name
H.C. Andersen Erhverv ApS
Established
1999
Company form
Private limited company
Industry

About H.C. Andersen Erhverv ApS

H.C. Andersen Erhverv ApS (CVR number: 21595489) is a company from ODENSE. The company recorded a gross profit of 409.6 kDKK in 2023. The operating profit was 294.9 kDKK, while net earnings were 12 kDKK. The profitability of the company measured by Return on Assets (ROA) was 5.2 %, which can be considered decent but Return on Equity (ROE) was 2.2 %, which can be considered weak. The equity ratio, a key indicator for solidity, stood at 10.5 %, 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. H.C. Andersen Erhverv 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 financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2019
2020
2021
2022
2023
Volume
Net sales
Gross profit349.00353.00364.00368.00409.59
EBIT234.00238.00249.00253.00294.86
Net earnings69.0075.0093.0046.0012.03
Shareholders equity total338.00413.00506.00551.00563.25
Balance sheet total (assets)5 368.005 244.005 128.005 854.005 403.99
Net debt4 359.004 169.003 990.003 791.003 642.74
Profitability
EBIT-%
ROA4.3 %4.5 %4.8 %4.9 %5.2 %
ROE22.7 %20.0 %20.2 %8.7 %2.2 %
ROI4.4 %4.6 %4.9 %5.0 %5.3 %
Economic value added (EVA)-36.92-18.581.4415.6052.94
Solvency
Equity ratio6.3 %7.9 %9.9 %9.4 %10.5 %
Gearing1304.1 %1019.6 %797.0 %846.3 %742.7 %
Relative net indebtedness %
Liquidity
Quick ratio0.10.10.01.00.9
Current ratio0.10.10.01.00.9
Cash and cash equivalents49.0042.0043.00872.00540.25
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingAAAAA

Variable visualization

ROA:5.24%
Rating: 44/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:10.5%
Rating: 10/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer

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