HK Udvikling ApS — Credit Rating and Financial Key Figures

CVR number: 39470543
Carl Nielsens Vej 5, 8920 Randers NV
krishan.larsen@gmail.com

Credit rating

Company information

Official name
HK Udvikling ApS
Established
2018
Company form
Private limited company
Industry

About HK Udvikling ApS

HK Udvikling ApS (CVR number: 39470543) is a company from RANDERS. The company recorded a gross profit of -58 kDKK in 2023. The operating profit was -58 kDKK, while net earnings were 3027.8 kDKK. The profitability of the company measured by Return on Assets (ROA) was 164.3 %, which can be considered excellent and Return on Equity (ROE) was 175.7 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 93.7 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. HK Udvikling ApS's liquidity measured by quick ratio was 12.6 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
2019
2020
2021
2022
2023
Volume
Net sales
Gross profit-2.50-6.75-57.02-29.09-58.02
EBIT-2.50-6.75-57.02-29.09-58.02
Net earnings-2.51-18.63-63.37-33.823 027.84
Shareholders equity total45.4926.86-36.51-70.332 957.51
Balance sheet total (assets)225.18344.88477.87489.223 156.33
Net debt171.82288.01493.67542.98-86.84
Profitability
EBIT-%
ROA-1.8 %-2.4 %-12.7 %-2.5 %164.3 %
ROE-5.4 %-51.5 %-25.1 %-7.0 %175.7 %
ROI-1.9 %-2.4 %-13.0 %-2.6 %165.2 %
Economic value added (EVA)-4.89-8.87-57.36-25.21-52.65
Solvency
Equity ratio20.2 %7.8 %-7.1 %-12.6 %93.7 %
Gearing385.1 %1146.8 %-1381.6 %-781.4 %6.4 %
Relative net indebtedness %
Liquidity
Quick ratio1.31.10.90.812.6
Current ratio1.31.10.90.812.6
Cash and cash equivalents3.3620.0010.716.57275.67
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBBBBB

Variable visualization

ROA:164.3%
Rating: 100/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:93.7%
Rating: 74/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer

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