Hvitved Ejendomme ApS — Credit Rating and Financial Key Figures

CVR number: 38107348
A.C.Illums Vej 9, 8600 Silkeborg

Credit rating

Company information

Official name
Hvitved Ejendomme ApS
Established
2016
Company form
Private limited company
Industry

About Hvitved Ejendomme ApS

Hvitved Ejendomme ApS (CVR number: 38107348) is a company from SILKEBORG. The company recorded a gross profit of 1002.4 kDKK in 2024. The operating profit was 507.4 kDKK, while net earnings were 340.2 kDKK. The profitability of the company measured by Return on Assets (ROA) was 2.1 %, which can be considered weak but Return on Equity (ROE) was 119.1 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 1.9 %, a level that can be considered to be very low. This means the company is highly leveraged, with most assets financed through debt. This high level of financial risk could pose challenges in periods of financial distress or rising interest rates. Hvitved Ejendomme ApS's liquidity measured by quick ratio was 0 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 financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2020
2021
2022
2023
2024
Volume
Net sales
Gross profit348.70- 109.61-5.46483.371 002.43
EBIT348.70- 211.10- 106.95182.88507.45
Net earnings267.91- 184.71- 131.1695.13340.19
Shareholders equity total336.16151.4520.30115.42455.61
Balance sheet total (assets)1 886.177 826.887 728.5324 389.4023 514.43
Net debt- 378.647 014.497 043.3422 983.9322 514.74
Profitability
EBIT-%
ROA20.3 %-4.3 %-1.4 %1.2 %2.1 %
ROE132.5 %-75.8 %-152.7 %140.2 %119.1 %
ROI20.8 %-4.4 %-1.4 %1.2 %2.2 %
Economic value added (EVA)207.00- 255.92- 474.91- 243.25- 806.97
Solvency
Equity ratio17.8 %1.9 %0.3 %0.5 %1.9 %
Gearing440.4 %5044.1 %37742.5 %20637.2 %4999.9 %
Relative net indebtedness %
Liquidity
Quick ratio1.20.10.10.00.0
Current ratio1.20.10.10.00.0
Cash and cash equivalents1 859.01624.99616.50835.53264.97
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBBBBBBB

Variable visualization

ROA:2.13%
Rating: 31/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:1.94%
Rating: 3/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer

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