K/S HABRO-NORTH CITY, MANCHESTER
Credit rating
Company information
About K/S HABRO-NORTH CITY, MANCHESTER
K/S HABRO-NORTH CITY, MANCHESTER (CVR number: 29523770K) is a company from KØBENHAVN. The company reported a net sales of 11.5 mDKK in 2022, demonstrating a growth of 0.9 % compared to the previous year. The operating profit percentage was at 75 % (EBIT: 8.6 mDKK), while net earnings were -13.3 mDKK. The profitability of the company measured by Return on Assets (ROA) was -2.1 %, which can be considered poor and Return on Equity (ROE) was -7 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at -29.7 %. This indicates that the company's debt surpasses the value of its total assets, posing significant financial risk. K/S HABRO-NORTH CITY, MANCHESTER's liquidity measured by quick ratio was 0.1 which is at a very low level. Thus, the company is in an unstable financial position, with its liquid assets significantly undermatching its current liabilities. This severe liquidity deficiency may lead to financial distress and threaten the company's operational continuity.
Financial information
See financialsNet sales (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2018 | 2019 | 2020 | 2021 | 2022 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | 12 220.59 | 12 145.02 | 10 040.69 | 11 348.65 | 11 451.41 |
Gross profit | 12 220.59 | 12 145.02 | 10 040.69 | 11 348.65 | 11 451.41 |
EBIT | 10 275.48 | 10 459.36 | 8 706.40 | 7 936.67 | 8 592.03 |
Net earnings | -9 270.46 | -31 507.39 | -5 887.29 | 2 529.15 | -13 271.20 |
Shareholders equity total | -30 378.50 | -61 885.90 | -67 773.18 | -65 244.03 | -78 515.23 |
Balance sheet total (assets) | 213 223.99 | 176 388.17 | 183 416.09 | 195 738.64 | 185 806.31 |
Net debt | -4 355.39 | -2 592.59 | -3 514.49 | -3 283.90 | -3 617.11 |
Profitability | |||||
EBIT-% | 84.1 % | 86.1 % | 86.7 % | 69.9 % | 75.0 % |
ROA | 1.3 % | -8.3 % | 1.6 % | 4.1 % | -2.1 % |
ROE | -4.3 % | -16.2 % | -3.3 % | 1.3 % | -7.0 % |
ROI | 2.0 % | -13.4 % | 2.5 % | 6.0 % | -3.2 % |
Economic value added (EVA) | 11 549.00 | 12 207.08 | 11 958.14 | 13 226.81 | 12 041.54 |
Solvency | |||||
Equity ratio | -12.5 % | -26.0 % | -27.0 % | -25.0 % | -29.7 % |
Gearing | |||||
Relative net indebtedness % | 1957.7 % | 1940.6 % | 2466.7 % | 2270.7 % | 2276.6 % |
Liquidity | |||||
Quick ratio | 0.1 | 0.0 | 0.1 | 0.0 | 0.1 |
Current ratio | 0.1 | 0.0 | 0.1 | 0.0 | 0.1 |
Cash and cash equivalents | 4 355.39 | 2 592.59 | 3 514.49 | 3 283.90 | 3 617.11 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | -703.1 % | -724.4 % | -697.7 % | -741.7 % | -771.2 % |
Credit risk | |||||
Credit rating | BBB | BB | BBB | BBB | BBB |
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