SHHE III ApS — Credit Rating and Financial Key Figures

CVR number: 37529524
Randersvej 24, 6700 Esbjerg

Company information

Official name
SHHE III ApS
Personnel
1 person
Established
2015
Company form
Private limited company
Industry

About SHHE III ApS

SHHE III ApS (CVR number: 37529524) is a company from ESBJERG. The company recorded a gross profit of 1461 kDKK in 2024. The operating profit was 1084 kDKK, while net earnings were 19.1 mDKK. The profitability of the company measured by Return on Assets (ROA) was 8.1 %, which can be considered good and Return on Equity (ROE) was 8.4 %, which can be considered good. The equity ratio, a key indicator for solidity, stood at 69.8 %, 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. SHHE III ApS's liquidity measured by quick ratio was 2 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
2020
2021
2022
2023
2024
Volume
Net sales
Gross profit369.00766.00884.00976.001 461.00
EBIT-41.00355.00532.00624.001 084.00
Net earnings19 692.0055 660.00-29 536.0012 068.0019 117.00
Shareholders equity total179 504.00235 163.00205 627.00218 138.00237 714.00
Balance sheet total (assets)264 913.00312 842.00278 159.00316 284.00340 353.00
Net debt- 183 938.00- 225 393.00- 185 927.00- 155 588.00- 179 568.00
Profitability
EBIT-%
ROA10.4 %25.4 %3.0 %7.4 %8.1 %
ROE11.6 %26.8 %-13.4 %5.7 %8.4 %
ROI14.5 %32.8 %3.8 %9.6 %10.7 %
Economic value added (EVA)-8 064.65-9 797.81-12 024.12-10 513.94-11 109.22
Solvency
Equity ratio67.8 %75.2 %73.9 %69.0 %69.8 %
Gearing11.4 %5.1 %6.5 %9.7 %9.0 %
Relative net indebtedness %
Liquidity
Quick ratio2.43.12.91.92.0
Current ratio2.43.12.91.92.0
Cash and cash equivalents204 456.00237 432.00199 216.00176 766.00200 999.00
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingAABBBAA

Variable visualization

ROA:8.11%
Rating: 52/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:69.8%
Rating: 53/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer
Board member
Chairman of the board

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