HEDEMANN LØVSTAD EJENDOMSSELSKAB ApS — Credit Rating and Financial Key Figures

CVR number: 32883818
Klejnsmedevej 3, 8920 Randers NV
Hj@jhminvest.com
tel: 24471213

Company information

Official name
HEDEMANN LØVSTAD EJENDOMSSELSKAB ApS
Personnel
1 person
Established
2010
Company form
Private limited company
Industry

About HEDEMANN LØVSTAD EJENDOMSSELSKAB ApS

HEDEMANN LØVSTAD EJENDOMSSELSKAB ApS (CVR number: 32883818) is a company from RANDERS. The company recorded a gross profit of 1571.6 kDKK in 2023. The operating profit was 1571.6 kDKK, while net earnings were 1225.3 kDKK. The profitability of the company measured by Return on Assets (ROA) was 10.3 %, which can be considered good and Return on Equity (ROE) was 14.9 %, which can be considered good. The equity ratio, a key indicator for solidity, stood at 56.6 %, 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. HEDEMANN LØVSTAD EJENDOMSSELSKAB ApS's liquidity measured by quick ratio was 0.1 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
2019
2020
2021
2022
2023
Volume
Net sales
Gross profit993.131 472.051 306.981 504.641 571.61
EBIT787.811 268.641 249.411 504.641 571.61
Net earnings-3 126.14929.071 676.801 193.081 225.33
Shareholders equity total3 813.374 742.446 419.247 612.328 837.65
Balance sheet total (assets)13 509.6813 386.4815 938.6116 892.6715 604.45
Net debt8 259.396 955.037 810.437 193.074 227.10
Profitability
EBIT-%
ROA5.3 %9.7 %15.1 %10.0 %10.3 %
ROE-58.1 %21.7 %30.0 %17.0 %14.9 %
ROI5.5 %10.3 %16.0 %10.4 %10.8 %
Economic value added (EVA)- 126.21459.47419.32572.56592.20
Solvency
Equity ratio28.2 %35.4 %40.3 %45.1 %56.6 %
Gearing227.2 %149.6 %124.3 %94.6 %49.0 %
Relative net indebtedness %
Liquidity
Quick ratio0.20.20.20.50.1
Current ratio0.20.20.20.50.1
Cash and cash equivalents405.72141.96171.075.16105.72
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBAAAAA

Variable visualization

ROA:10.3%
Rating: 58/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:56.6%
Rating: 44/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

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