HAANDHOLDT & HULGAARD ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About HAANDHOLDT & HULGAARD ApS
HAANDHOLDT & HULGAARD ApS (CVR number: 27231713) is a company from AARHUS. The company recorded a gross profit of -15.1 kDKK in 2024. The operating profit was -201.7 kDKK, while net earnings were 1189.5 kDKK. The profitability of the company measured by Return on Assets (ROA) was 18.5 %, which can be considered excellent and Return on Equity (ROE) was 38.7 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 37.2 %, a level that can be considered to be low. This means a higher proportion of debt in its capital structure, indicating a greater reliance on borrowed funds. HAANDHOLDT & HULGAARD ApS's liquidity measured by quick ratio was 1.6 which is at a very high level. Thus, the company demonstrates exceptional financial stability, possessing a significant surplus of liquid assets over its short-term liabilities.
Financial information
See financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2020 | 2021 | 2022 | 2023 | 2024 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | |||||
Gross profit | -51.90 | -34.33 | -20.57 | 129.88 | -15.12 |
EBIT | - 501.49 | - 475.61 | - 468.38 | - 339.15 | - 201.68 |
Net earnings | 750.51 | - 370.57 | - 334.62 | -1 838.13 | 1 189.46 |
Shareholders equity total | 5 021.45 | 4 650.88 | 4 316.26 | 2 478.13 | 3 667.59 |
Balance sheet total (assets) | 7 726.78 | 6 212.20 | 5 776.72 | 8 041.05 | 9 860.47 |
Net debt | 2 553.61 | 963.57 | 1 257.44 | 5 043.48 | 5 452.53 |
Profitability | |||||
EBIT-% | |||||
ROA | 17.9 % | -6.2 % | -6.0 % | -23.7 % | 18.5 % |
ROE | 16.2 % | -7.7 % | -7.5 % | -54.1 % | 38.7 % |
ROI | 18.0 % | -6.2 % | -6.0 % | -24.6 % | 19.7 % |
Economic value added (EVA) | - 954.68 | - 688.79 | - 674.71 | - 638.11 | - 521.90 |
Solvency | |||||
Equity ratio | 65.0 % | 74.9 % | 74.7 % | 30.8 % | 37.2 % |
Gearing | 52.5 % | 32.8 % | 32.8 % | 203.7 % | 149.2 % |
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 2.3 | 3.9 | 3.9 | 1.4 | 1.6 |
Current ratio | 2.3 | 3.9 | 3.9 | 1.4 | 1.6 |
Cash and cash equivalents | 84.18 | 560.60 | 156.79 | 5.41 | 21.03 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | BBB | BBB | BBB | B | BBB |
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