HVIDEVARELAND FINANS ApS
Credit rating
Company information
About HVIDEVARELAND FINANS ApS
HVIDEVARELAND FINANS ApS (CVR number: 21528498) is a company from HOLSTEBRO. The company recorded a gross profit of -8.4 kDKK in 2023. The operating profit was -8.4 kDKK, while net earnings were 11 kDKK. The profitability of the company measured by Return on Assets (ROA) was -11.5 %, which can be considered poor but Return on Equity (ROE) was 40.4 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 27.6 %, 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. HVIDEVARELAND FINANS ApS's liquidity measured by quick ratio was 1.4 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 financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | |||||
Gross profit | 11.26 | 3.36 | -8.47 | -7.78 | -8.40 |
EBIT | 11.26 | 3.36 | -8.47 | -7.78 | -8.40 |
Net earnings | 3.24 | 2.10 | -6.87 | 4.39 | 11.00 |
Shareholders equity total | - 265.45 | - 263.35 | - 270.22 | 21.74 | 32.73 |
Balance sheet total (assets) | 12.31 | 8.42 | 7.52 | 26.74 | 118.73 |
Net debt | 260.66 | -5.05 | 271.71 | -6.21 | -16.87 |
Profitability | |||||
EBIT-% | |||||
ROA | 3.1 % | 1.2 % | -3.1 % | -5.1 % | -11.5 % |
ROE | 3.5 % | 20.3 % | -86.2 % | 30.0 % | 40.4 % |
ROI | 3.2 % | 2.5 % | -6.2 % | -5.3 % | -12.4 % |
Economic value added (EVA) | 25.16 | 17.10 | 6.63 | 8.10 | -6.74 |
Solvency | |||||
Equity ratio | -95.6 % | -96.9 % | -97.3 % | 81.3 % | 27.6 % |
Gearing | -101.2 % | -100.9 % | 247.5 % | ||
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 0.0 | 0.0 | 0.0 | 5.3 | 1.4 |
Current ratio | 0.0 | 0.0 | 0.0 | 5.3 | 1.4 |
Cash and cash equivalents | 7.93 | 5.05 | 1.02 | 6.21 | 97.87 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | B | B | C | C | C |
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