HVID ApS — Credit Rating and Financial Key Figures

CVR number: 31576571
Hollændervej 26, 1855 Frederiksberg C
kirsten.hvid@xco.dk
tel: 22200676

Credit rating

Company information

Official name
HVID ApS
Personnel
1 person
Established
2008
Company form
Private limited company
Industry
  • Expand more icon85Education

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 financials

Net sales (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2019
2020
2021
2022
2023
Volume
Net sales1 119.47921.221 333.621 411.84
Gross profit933.50530.06856.27977.801 172.47
EBIT371.06-47.14104.09263.56154.09
Net earnings285.59-26.9675.97202.29121.58
Shareholders equity total750.01615.05578.02665.90669.68
Balance sheet total (assets)1 171.73989.18920.531 147.301 433.09
Net debt- 725.88- 321.53- 207.88- 588.17- 484.69
Profitability
EBIT-%33.1 %11.3 %19.8 %10.9 %
ROA36.5 %-3.5 %10.9 %25.5 %12.2 %
ROE43.2 %-4.0 %12.7 %32.5 %18.2 %
ROI53.8 %-5.3 %16.8 %40.5 %22.7 %
Economic value added (EVA)287.27-35.5465.68187.09117.08
Solvency
Equity ratio64.0 %62.2 %62.8 %58.0 %46.7 %
Gearing
Relative net indebtedness %-29.8 %11.5 %-10.2 %17.7 %
Liquidity
Quick ratio2.62.32.42.21.7
Current ratio2.62.32.42.21.7
Cash and cash equivalents725.88321.53207.88588.17484.69
Capital use efficiency
Trade debtors turnover (days)88.7209.4104.1200.2
Net working capital %55.7 %49.0 %40.4 %38.3 %
Credit risk
Credit ratingBBBBBBBBBBBBBBB

Variable visualization

ROA:12.2%
Rating: 62/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:46.7%
Rating: 38/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

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