STRAND + HVASS ApS

CVR number: 29154791
Jagtvej 11, 2200 København N
info@strand-hvass.com
www.strand-hvass.com

Credit rating

Company information

Official name
STRAND + HVASS ApS
Personnel
4 persons
Established
2005
Company form
Private limited company
Industry
  • Expand more icon74Other professional, scientific and technical activities

About STRAND + HVASS ApS

STRAND + HVASS ApS (CVR number: 29154791) is a company from KØBENHAVN. The company recorded a gross profit of 7686.4 kDKK in 2023. The operating profit was 5927.2 kDKK, while net earnings were 6460.4 kDKK. The profitability of the company measured by Return on Assets (ROA) was 22.1 %, which can be considered excellent and Return on Equity (ROE) was 17.2 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 97.6 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. STRAND + HVASS ApS's liquidity measured by quick ratio was 38.2 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
20192020202120222023
Volume
Net sales
Gross profit6 505.967 428.128 037.029 239.767 686.37
EBIT4 955.585 930.256 510.147 719.815 927.17
Net earnings4 360.484 664.767 151.533 809.846 460.40
Shareholders equity total21 003.4425 168.2030 819.7334 515.1740 757.77
Balance sheet total (assets)21 632.9926 248.4231 755.5035 087.4841 768.12
Net debt-15 597.49-20 372.78-25 620.76-29 013.53-36 365.70
Profitability
EBIT-%
ROA28.6 %28.1 %32.0 %23.6 %22.1 %
ROE22.9 %20.2 %25.5 %11.7 %17.2 %
ROI29.5 %29.1 %33.2 %24.1 %22.5 %
Economic value added (EVA)3 584.104 357.114 835.335 754.084 344.03
Solvency
Equity ratio97.1 %95.9 %97.1 %98.4 %97.6 %
Gearing0.4 %0.0 %
Relative net indebtedness %
Liquidity
Quick ratio28.821.230.455.638.2
Current ratio28.821.230.455.638.2
Cash and cash equivalents15 680.0320 381.6125 620.7629 013.5336 365.70
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingAAAAA

Variable visualization

ROA:22.1%
Rating: 77/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:97.6%
Rating: 79/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Companies in the same industry

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