HANDELSSELSKABET VÆGTEN 2 ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About HANDELSSELSKABET VÆGTEN 2 ApS
HANDELSSELSKABET VÆGTEN 2 ApS (CVR number: 28976933) is a company from VESTHIMMERLANDS. The company recorded a gross profit of 51.3 kDKK in 2024. The operating profit was 35.3 kDKK, while net earnings were -27.3 kDKK. The profitability of the company measured by Return on Assets (ROA) was 1.9 %, which can be considered weak but Return on Equity (ROE) was -8.7 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 23.8 %, a level that can be considered to be low. This means a higher proportion of debt in its capital structure, indicating a greater reliance on borrowed funds. HANDELSSELSKABET VÆGTEN 2 ApS's liquidity measured by quick ratio was 1.5 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 financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2020 | 2021 | 2022 | 2023 | 2024 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | 116.09 | ||||
Gross profit | -60.48 | -31.90 | -95.24 | -30.24 | 51.28 |
EBIT | - 611.36 | -43.04 | - 107.83 | -43.91 | 35.30 |
Net earnings | -86.08 | -44.31 | - 108.45 | -76.22 | -27.27 |
Shareholders equity total | 515.56 | 477.91 | 376.11 | 345.55 | 279.28 |
Balance sheet total (assets) | 2 599.61 | 2 598.78 | 2 581.99 | 2 631.29 | 1 175.19 |
Net debt | 2 005.09 | 2 044.92 | 2 141.39 | 2 207.61 | 781.84 |
Profitability | |||||
EBIT-% | -526.6 % | ||||
ROA | 0.4 % | -1.7 % | -4.2 % | -1.7 % | 1.9 % |
ROE | -12.6 % | -8.9 % | -25.4 % | -21.1 % | -8.7 % |
ROI | 0.4 % | -1.7 % | -4.2 % | -1.7 % | 1.9 % |
Economic value added (EVA) | - 831.28 | - 169.86 | - 234.62 | - 172.58 | - 105.23 |
Solvency | |||||
Equity ratio | 19.8 % | 18.4 % | 14.6 % | 13.1 % | 23.8 % |
Gearing | 396.3 % | 435.6 % | 576.3 % | 642.1 % | 283.8 % |
Relative net indebtedness % | 1762.6 % | ||||
Liquidity | |||||
Quick ratio | 0.0 | 0.0 | 0.0 | 0.0 | 1.5 |
Current ratio | 0.0 | 0.0 | 0.0 | 0.0 | 1.5 |
Cash and cash equivalents | 37.87 | 37.04 | 25.99 | 11.21 | 10.63 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | -1097.8 % | ||||
Credit risk | |||||
Credit rating | BBB | BBB | BB | BB | BBB |
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