Heartcore Capital Fund III K/S — Credit Rating and Financial Key Figures

CVR number: 37239305
Frederiksgade 7, 1265 København K

Company information

Official name
Heartcore Capital Fund III K/S
Established
2015
Company form
Limited partnership
Industry

About Heartcore Capital Fund III K/S

Heartcore Capital Fund III K/S (CVR number: 37239305K) is a company from KØBENHAVN. The company recorded a gross profit of -11938 kDKK in 2024. The operating profit was -91.6 mDKK, while net earnings were -91.5 mDKK. The profitability of the company measured by Return on Assets (ROA) was 0 %, which can be considered poor and Return on Equity (ROE) was 0 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 0 %. This indicates that the company's debt surpasses the value of its total assets, posing significant financial risk. Heartcore Capital Fund III K/S's liquidity measured by quick ratio was 0 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
2020
2021
2022
2023
2024
Volume
Net sales
Gross profit12 163.00-13 054.00-11 938.00
EBIT-3 904.00765 037.0061 189.00- 131 179.00-91 583.00
Net earnings-4 058.00764 852.0061 123.00- 131 166.00-91 478.00
Shareholders equity total817 967.001 667 828.001 759 462.001 641 121.001 556 714.00
Balance sheet total (assets)824 742.001 668 236.001 759 857.001 641 613.001 556 909.00
Net debt5 835.00-1 265.00- 591.00
Profitability
EBIT-%
ROA-0.5 %61.4 %3.6 %
ROE-0.5 %61.5 %3.6 %
ROI-0.5 %61.4 %3.6 %
Economic value added (EVA)-37 102.06723 934.1615 401.75- 180 071.55- 133 378.29
Solvency
Equity ratio99.3 %100.0 %100.0 %
Gearing0.7 %
Relative net indebtedness %
Liquidity
Quick ratio3.11.5
Current ratio3.11.5
Cash and cash equivalents1 265.00591.0010 664.002 603.00
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingABBBA

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