HappyHouses ApS — Credit Rating and Financial Key Figures

CVR number: 40454594
Torneåvej 12, 7430 Ikast
tk@tomrerkompagniet.dk

Credit rating

Company information

Official name
HappyHouses ApS
Established
2019
Company form
Private limited company
Industry

About HappyHouses ApS

HappyHouses ApS (CVR number: 40454594) is a company from IKAST-BRANDE. The company recorded a gross profit of 139.4 kDKK in 2024. The operating profit was 110.4 kDKK, while net earnings were -17.7 kDKK. The profitability of the company measured by Return on Assets (ROA) was 5.8 %, which can be considered decent but Return on Equity (ROE) was -35.3 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 2.2 %, 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. HappyHouses ApS's liquidity measured by quick ratio was 1.9 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

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2020
2021
2022
2023
2024
Volume
Net sales
Gross profit68.1567.16112.39137.14139.43
EBIT45.8544.4686.23108.12110.42
Net earnings10.219.2717.12-3.31-17.71
Shareholders equity total35.9545.2262.3559.0441.33
Balance sheet total (assets)1 063.181 060.871 978.971 927.881 901.34
Net debt918.10885.481 645.131 693.931 682.28
Profitability
EBIT-%
ROA4.3 %4.2 %5.7 %5.6 %5.8 %
ROE33.1 %22.8 %31.8 %-5.4 %-35.3 %
ROI4.4 %4.3 %5.8 %5.6 %5.9 %
Economic value added (EVA)-18.62-19.34-0.3812.0340.15
Solvency
Equity ratio3.4 %4.3 %3.2 %3.1 %2.2 %
Gearing2718.0 %2133.7 %2967.1 %3104.8 %4414.0 %
Relative net indebtedness %
Liquidity
Quick ratio0.70.82.02.11.9
Current ratio0.70.82.02.11.9
Cash and cash equivalents59.0679.45204.78139.16141.89
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBBBBBBBB

Variable visualization

ROA:5.84%
Rating: 45/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:2.17%
Rating: 3/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

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