SØREN HVITVED HOLDING ApS — Credit Rating and Financial Key Figures

CVR number: 29791562
Stenhøjgårdsvej 78, 3460 Birkerød
shvitved@hotmail.com
tel: 28966391

Company information

Official name
SØREN HVITVED HOLDING ApS
Established
2006
Company form
Private limited company
Industry

About SØREN HVITVED HOLDING ApS

SØREN HVITVED HOLDING ApS (CVR number: 29791562) is a company from RUDERSDAL. The company reported a net sales of 2.5 mDKK in 2023, demonstrating a growth of 564.4 % compared to the previous year. The operating profit percentage was at 92.9 % (EBIT: 2.4 mDKK), while net earnings were 2458.2 kDKK. The profitability of the company measured by Return on Assets (ROA) was 24.9 %, which can be considered excellent and Return on Equity (ROE) was 40.4 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 65.2 %, 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. SØREN HVITVED HOLDING ApS's liquidity measured by quick ratio was 1.3 which is at a high level. Thus, the company is in a strong financial position, with liquid assets surpassing current liabilities. It is well-prepared to cover short-term financial obligations.

Financial information

See financials

Net sales (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2019
2020
2021
2022
2023
Volume
Net sales320.67906.56794.33383.502 547.85
Gross profit799.781 395.961 306.94871.832 747.07
EBIT612.221 229.11740.07752.262 367.41
Net earnings387.481 072.76829.35277.192 458.25
Shareholders equity total2 870.163 887.624 660.474 880.457 279.80
Balance sheet total (assets)7 472.068 703.699 461.699 755.6811 160.86
Net debt3 635.122 880.532 394.421 962.302 307.64
Profitability
EBIT-%190.9 %135.6 %93.2 %196.2 %92.9 %
ROA8.9 %15.9 %10.7 %8.9 %24.9 %
ROE14.3 %31.7 %19.4 %5.8 %40.4 %
ROI8.9 %16.0 %10.8 %9.0 %25.1 %
Economic value added (EVA)429.521 030.85594.71647.572 317.92
Solvency
Equity ratio38.4 %44.7 %49.3 %50.0 %65.2 %
Gearing156.7 %120.2 %101.0 %97.2 %50.5 %
Relative net indebtedness %1166.2 %333.6 %313.5 %545.9 %98.5 %
Liquidity
Quick ratio0.71.01.11.31.3
Current ratio0.71.01.11.31.3
Cash and cash equivalents862.121 792.192 310.862 781.761 372.29
Capital use efficiency
Trade debtors turnover (days)11.44.6
Net working capital %-416.1 %-95.7 %-139.8 %-135.1 %-34.7 %
Credit risk
Credit ratingAAAAAAA

Variable visualization

ROA:24.9%
Rating: 80/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:65.2%
Rating: 50/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Companies in the same industry

Try the full version of our system for free
Bankruptcy risk visualization example

... and more!

No registration needed.