HVID ApS
Credit rating
Company information
About HVID ApS
HVID ApS (CVR number: 31576571) is a company from FREDERIKSBERG. The company reported a net sales of 1.4 mDKK in 2023, demonstrating a growth of 5.9 % compared to the previous year. The operating profit percentage was at 10.9 % (EBIT: 0.2 mDKK), while net earnings were 121.6 kDKK. The profitability of the company measured by Return on Assets (ROA) was 12.2 %, which can be considered good but Return on Equity (ROE) was 18.2 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 46.7 %, 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. HVID ApS's liquidity measured by quick ratio was 1.7 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 financialsNet sales (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | 1 119.47 | 921.22 | 1 333.62 | 1 411.84 | |
Gross profit | 933.50 | 530.06 | 856.27 | 977.80 | 1 172.47 |
EBIT | 371.06 | -47.14 | 104.09 | 263.56 | 154.09 |
Net earnings | 285.59 | -26.96 | 75.97 | 202.29 | 121.58 |
Shareholders equity total | 750.01 | 615.05 | 578.02 | 665.90 | 669.68 |
Balance sheet total (assets) | 1 171.73 | 989.18 | 920.53 | 1 147.30 | 1 433.09 |
Net debt | - 725.88 | - 321.53 | - 207.88 | - 588.17 | - 484.69 |
Profitability | |||||
EBIT-% | 33.1 % | 11.3 % | 19.8 % | 10.9 % | |
ROA | 36.5 % | -3.5 % | 10.9 % | 25.5 % | 12.2 % |
ROE | 43.2 % | -4.0 % | 12.7 % | 32.5 % | 18.2 % |
ROI | 53.8 % | -5.3 % | 16.8 % | 40.5 % | 22.7 % |
Economic value added (EVA) | 287.27 | -35.54 | 65.68 | 187.09 | 117.08 |
Solvency | |||||
Equity ratio | 64.0 % | 62.2 % | 62.8 % | 58.0 % | 46.7 % |
Gearing | |||||
Relative net indebtedness % | -29.8 % | 11.5 % | -10.2 % | 17.7 % | |
Liquidity | |||||
Quick ratio | 2.6 | 2.3 | 2.4 | 2.2 | 1.7 |
Current ratio | 2.6 | 2.3 | 2.4 | 2.2 | 1.7 |
Cash and cash equivalents | 725.88 | 321.53 | 207.88 | 588.17 | 484.69 |
Capital use efficiency | |||||
Trade debtors turnover (days) | 88.7 | 209.4 | 104.1 | 200.2 | |
Net working capital % | 55.7 % | 49.0 % | 40.4 % | 38.3 % | |
Credit risk | |||||
Credit rating | BB | BB | BB | BB | BB |
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