HEART OF BUSINESS ApS — Credit Rating and Financial Key Figures

CVR number: 28966172
Starengvej 40, 9700 Brønderslev
info@board-governance.com
tel: 70251300

Credit rating

Company information

Official name
HEART OF BUSINESS ApS
Established
2005
Company form
Private limited company
Industry

About HEART OF BUSINESS ApS

HEART OF BUSINESS ApS (CVR number: 28966172) is a company from Brønderslev. The company recorded a gross profit of 34 kDKK in 2024. The operating profit was 34 kDKK, while net earnings were -374 kDKK. The profitability of the company measured by Return on Assets (ROA) was -3.6 %, which can be considered poor and Return on Equity (ROE) was -4.2 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 99.3 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. HEART OF BUSINESS ApS's liquidity measured by quick ratio was 106.3 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 financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2020
2021
2022
2023
2024
Volume
Net sales
Gross profit-8.00141.001 416.0059.0034.00
EBIT-8.00141.001 416.0059.0034.00
Net earnings287.003 655.00- 531.00-1 668.00- 374.00
Shareholders equity total1 527.005 182.004 537.007 778.009 880.00
Balance sheet total (assets)2 251.005 245.004 914.008 450.009 953.00
Net debt446.00- 906.00-1 804.00-5 425.00-6 697.00
Profitability
EBIT-%
ROA15.0 %98.6 %-4.1 %-24.7 %-3.6 %
ROE20.7 %109.0 %-10.9 %-27.1 %-4.2 %
ROI13.2 %91.8 %-4.2 %-26.7 %-3.8 %
Economic value added (EVA)-11.62174.891 243.0190.6252.35
Solvency
Equity ratio67.8 %98.8 %92.3 %92.0 %99.3 %
Gearing46.8 %0.4 %0.5 %
Relative net indebtedness %
Liquidity
Quick ratio6.039.48.28.3106.3
Current ratio6.039.48.28.3106.3
Cash and cash equivalents269.00928.001 826.005 425.006 697.00
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBBBBBBBB

Variable visualization

ROA:-3.61%
Rating: 16/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:99.3%
Rating: 89/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer

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