HVIDEVARELAND FINANS ApS — Credit Rating and Financial Key Figures
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 -8.5 kDKK in 2024. The operating profit was -8.5 kDKK, while net earnings were 9 kDKK. The profitability of the company measured by Return on Assets (ROA) was -9 %, which can be considered poor but Return on Equity (ROE) was 24.2 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 60.2 %, 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. HVIDEVARELAND FINANS ApS's liquidity measured by quick ratio was 2.5 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 financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2020 | 2021 | 2022 | 2023 | 2024 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | |||||
Gross profit | 3.36 | -8.47 | -7.78 | -8.40 | -8.50 |
EBIT | 3.36 | -8.47 | -7.78 | -8.40 | -8.50 |
Net earnings | 2.10 | -6.87 | 4.39 | 11.00 | 8.99 |
Shareholders equity total | - 263.35 | - 270.22 | 21.74 | 32.73 | 41.73 |
Balance sheet total (assets) | 8.42 | 7.52 | 26.74 | 118.73 | 69.33 |
Net debt | -5.05 | 271.71 | -6.21 | -16.87 | -25.52 |
Profitability | |||||
EBIT-% | |||||
ROA | 1.2 % | -3.1 % | -5.1 % | -11.5 % | -9.0 % |
ROE | 20.3 % | -86.2 % | 30.0 % | 40.4 % | 24.2 % |
ROI | 2.5 % | -6.2 % | -5.3 % | -12.4 % | -9.5 % |
Economic value added (EVA) | 3.20 | 6.38 | -5.65 | -7.06 | -11.75 |
Solvency | |||||
Equity ratio | -96.9 % | -97.3 % | 81.3 % | 27.6 % | 60.2 % |
Gearing | -100.9 % | 247.5 % | 54.2 % | ||
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 0.0 | 0.0 | 5.3 | 1.4 | 2.5 |
Current ratio | 0.0 | 0.0 | 5.3 | 1.4 | 2.5 |
Cash and cash equivalents | 5.05 | 1.02 | 6.21 | 97.87 | 48.12 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | BB | BB | BB | BB | BB |
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