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HANDELSFIRMAET HANGAARD ApS — Credit Rating and Financial Key Figures

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

Company information

Official name
HANDELSFIRMAET HANGAARD ApS
Personnel
5 persons
Established
2006
Company form
Private limited company
Industry

About HANDELSFIRMAET HANGAARD ApS

HANDELSFIRMAET HANGAARD ApS (CVR number: 29426856) is a company from THISTED. The company recorded a gross profit of 3776.1 kDKK in 2024. The operating profit was 1356.1 kDKK, while net earnings were 951.3 kDKK. The profitability of the company measured by Return on Assets (ROA) was 8.6 %, which can be considered good and Return on Equity (ROE) was 8.4 %, which can be considered good. The equity ratio, a key indicator for solidity, stood at 68 %, 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 1.4 which is at a high level. Thus, the company is in a strong financial position, with liquid assets surpassing current liabilities. It is well-prepared to cover short-term financial obligations.

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 profit4 681.035 206.844 568.963 515.503 776.09
EBIT1 842.742 837.022 276.81707.741 356.05
Net earnings1 369.702 160.671 775.83488.91951.32
Shareholders equity total9 385.1411 545.8111 321.6410 810.5511 761.87
Balance sheet total (assets)14 845.8914 136.2216 979.5516 195.4617 299.16
Net debt-2 028.34-1 054.56873.72- 891.98-3 366.07
Profitability
EBIT-%
ROA12.9 %19.7 %14.7 %5.0 %8.6 %
ROE13.8 %20.6 %15.5 %4.4 %8.4 %
ROI15.5 %24.0 %16.7 %5.5 %9.4 %
Economic value added (EVA)822.081 628.701 161.35- 220.05317.11
Solvency
Equity ratio63.2 %81.7 %66.7 %66.8 %68.0 %
Gearing23.1 %5.1 %34.9 %35.4 %32.9 %
Relative net indebtedness %
Liquidity
Quick ratio1.00.90.80.91.4
Current ratio1.93.52.12.12.4
Cash and cash equivalents4 192.671 648.993 080.184 723.807 230.86
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingAAAAA

Variable visualization

ROA:8.58%
Rating: 53/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:68.0%
Rating: 52/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

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