K/S HINDEMITHSTRASSE, MAINZ/LERCHENBERG

CVR number: 29148163
Hvidkærvej 23 A, Højme 5250 Odense SV

Credit rating

Company information

Official name
K/S HINDEMITHSTRASSE, MAINZ/LERCHENBERG
Established
2005
Domicile
Højme
Company form
Limited partnership
Industry
  • Expand more icon68Real estate activities

About K/S HINDEMITHSTRASSE, MAINZ/LERCHENBERG

K/S HINDEMITHSTRASSE, MAINZ/LERCHENBERG (CVR number: 29148163) is a company from ODENSE. The company reported a net sales of 1.2 mDKK in 2023, demonstrating a decline of -17 % compared to the previous year. The operating profit percentage was at 37.3 % (EBIT: 0.4 mDKK), while net earnings were 177.4 kDKK. The profitability of the company measured by Return on Assets (ROA) was 3.3 %, which can be considered weak and Return on Equity (ROE) was 2.4 %, which can be considered weak. The equity ratio, a key indicator for solidity, stood at 56.7 %, 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. K/S HINDEMITHSTRASSE, MAINZ/LERCHENBERG's liquidity measured by quick ratio was 0.6 which is at a low level. Thus, the company may face difficulties in addressing its short-term obligations with its available liquid assets.

Financial information

See financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
20192020202120222023
Volume
Net sales1 427.811 185.01
Gross profit1 061.461 157.601 072.551 004.19780.95
EBIT722.76818.90733.85665.49442.25
Net earnings397.25555.87467.35423.84177.38
Shareholders equity total6 159.916 555.786 943.137 366.977 544.36
Balance sheet total (assets)14 546.8814 193.6414 009.8313 688.4813 312.67
Net debt8 021.367 300.356 417.615 700.545 240.03
Profitability
EBIT-%46.6 %37.3 %
ROA4.9 %5.9 %5.2 %4.8 %3.3 %
ROE6.6 %8.7 %6.9 %5.9 %2.4 %
ROI5.0 %6.0 %5.3 %4.9 %3.4 %
Economic value added (EVA)26.88140.8973.3127.1384.36
Solvency
Equity ratio42.3 %46.2 %49.6 %53.8 %56.7 %
Gearing131.7 %112.8 %96.2 %80.7 %72.5 %
Relative net indebtedness %425.6 %467.3 %
Liquidity
Quick ratio0.10.10.20.00.6
Current ratio0.10.10.20.00.6
Cash and cash equivalents93.3495.64264.77244.73231.24
Capital use efficiency
Trade debtors turnover (days)
Net working capital %-422.4 %-13.2 %
Credit risk
Credit ratingBBBAAAA

Variable visualization

ROA:3.28%
Rating: 36/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:56.7%
Rating: 44/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Companies in the same industry

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