Hospitality Development A/S — Credit Rating and Financial Key Figures

CVR number: 38841424
Søndergade 16, 5560 Aarup
ib@soendergade.dk
tel: 53120677
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Credit rating

Company information

Official name
Hospitality Development A/S
Established
2017
Company form
Limited company
Industry

About Hospitality Development A/S

Hospitality Development A/S (CVR number: 38841424) is a company from ASSENS. The company recorded a gross profit of 358.9 kDKK in 2024. The operating profit was 358.9 kDKK, while net earnings were 271.8 kDKK. The profitability of the company measured by Return on Assets (ROA) was 1 %, which can be considered weak and Return on Equity (ROE) was 2.3 %, which can be considered weak. The equity ratio, a key indicator for solidity, stood at 20 %, 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. Hospitality Development A/S's liquidity measured by quick ratio was 1.3 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 profit-15.43-23.80235.2114 566.84358.94
EBIT-15.43-23.80235.2114 566.84358.94
Net earnings-15.68-43.52190.8810 948.23271.82
Shareholders equity total682.59639.07829.9511 778.1812 050.00
Balance sheet total (assets)693.27654.577 462.5132 934.3760 352.17
Net debt- 674.86- 650.816 156.841 737.4814 073.87
Profitability
EBIT-%
ROA-2.2 %-3.4 %5.8 %72.1 %1.0 %
ROE-2.3 %-6.6 %26.0 %173.7 %2.3 %
ROI-2.2 %-3.5 %5.9 %99.6 %1.7 %
Economic value added (EVA)-47.12-51.20173.9410 991.82- 820.29
Solvency
Equity ratio98.5 %97.6 %11.1 %35.8 %20.0 %
Gearing784.7 %59.3 %137.3 %
Relative net indebtedness %
Liquidity
Quick ratio65.042.21.11.81.3
Current ratio65.042.21.11.81.3
Cash and cash equivalents674.86650.81355.675 244.922 469.28
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBBBB

Variable visualization

ROA:0.95%
Rating: 25/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:20.0%
Rating: 19/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chairman of the board
Chief executive officer

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