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HANDELSFIRMAET HANGAARD ApS

CVR number: 29426856
Hanstholmvej 40, 7700 Thisted
brian@hangaardbiler.dk
tel: 22313189

Credit rating

Company information

Official name
HANDELSFIRMAET HANGAARD ApS
Established
2006
Company form
Private limited company
Industry
  • Expand more icon45Wholesale and retail trade and repair of motor vehicles and motorcycles

About the company

HANDELSFIRMAET HANGAARD ApS (CVR number: 29426856) is a company from THISTED. The company recorded a gross profit of 4779.1 kDKK in 2022. The operating profit was 2276.8 kDKK, while net earnings were 1775.8 kDKK. The profitability of the company measured by Return on Assets (ROA) was 14.7 %, which can be considered good but Return on Equity (ROE) was 15.5 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 66.7 %, a level that can be considered to be good. This shows that a large part of the company's assets are funded by shareholders' equity, reducing financial risk. HANDELSFIRMAET HANGAARD ApS's liquidity measured by quick ratio was 0.8 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
20182019202020212022
Volume
Net sales
Gross profit3 196.843 070.374 681.035 206.844 779.09
EBIT1 997.171 633.971 842.742 837.022 276.82
Net earnings1 527.771 237.781 369.702 160.671 775.83
Shareholders equity total10 777.6610 515.449 385.1411 545.8111 321.64
Balance sheet total (assets)13 480.9913 747.7414 845.8914 136.2216 979.55
Net debt-2 364.53-2 140.49-2 028.34-1 054.56873.72
Profitability
EBIT-%
ROA16.5 %12.2 %12.9 %19.7 %14.7 %
ROE15.3 %11.6 %13.8 %20.6 %15.5 %
ROI18.5 %14.0 %15.5 %24.0 %16.7 %
Economic value added (EVA)1 119.40892.841 092.031 950.721 277.03
Solvency
Equity ratio79.9 %76.5 %63.2 %81.7 %66.7 %
Gearing7.6 %15.2 %23.1 %5.1 %34.9 %
Relative net indebtedness %
Liquidity
Quick ratio1.41.31.00.90.8
Current ratio3.02.61.93.52.1
Cash and cash equivalents3 187.763 735.204 192.671 648.993 080.18
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingAAAAA

Variable visualization

ROA:14.7%
Rating: 66/100
-20%
0%
4%
11%
24%
60%
Equity ratio:66.7%
Rating: 51/100
-1%
21%
50%
81%
99%
100%

Companies in the same industry

Build time: 2024-07-12T11:31:12.406Z

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