HESSELHOLT AXELSEN ApS — Credit Rating and Financial Key Figures

CVR number: 61521917
Rolighedsvej 12, 9990 Skagen

Company information

Official name
HESSELHOLT AXELSEN ApS
Established
1964
Company form
Private limited company
Industry

About HESSELHOLT AXELSEN ApS

HESSELHOLT AXELSEN ApS (CVR number: 61521917) is a company from FREDERIKSHAVN. The company recorded a gross profit of -1251.1 kDKK in 2023. The operating profit was -1251.1 kDKK, while net earnings were -9634.8 kDKK. The profitability of the company measured by Return on Assets (ROA) was 8 %, which can be considered good but Return on Equity (ROE) was -9.9 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 67.3 %, a level that can be considered to be good. This shows that a large part of the company's assets are funded by shareholders' equity, reducing financial risk. HESSELHOLT AXELSEN ApS's liquidity measured by quick ratio was 2.8 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- 589.87- 611.84- 949.77- 459.47-1 251.05
EBIT- 589.87- 611.84- 949.77- 459.47-1 251.05
Net earnings7 601.648 723.2422 370.01-4 444.07-9 634.81
Shareholders equity total75 806.0784 529.31106 899.32102 455.2592 820.45
Balance sheet total (assets)114 170.77134 714.89160 235.50149 703.78137 968.76
Net debt- 106 607.21- 118 776.62- 141 907.68- 133 360.17- 118 661.49
Profitability
EBIT-%
ROA7.7 %8.5 %18.6 %5.4 %8.0 %
ROE10.6 %10.9 %23.4 %-4.2 %-9.9 %
ROI12.1 %13.1 %28.6 %7.9 %11.8 %
Economic value added (EVA)1 619.951 405.661 301.861 974.58503.89
Solvency
Equity ratio66.4 %62.7 %66.7 %68.4 %67.3 %
Gearing1.0 %
Relative net indebtedness %
Liquidity
Quick ratio2.82.62.83.02.8
Current ratio2.82.62.83.02.8
Cash and cash equivalents107 362.32118 776.62141 907.68133 360.17118 661.49
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingAAAAA

Variable visualization

ROA:8.03%
Rating: 52/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:67.3%
Rating: 51/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer

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