HHHV EJENDOMME A/S — Credit Rating and Financial Key Figures

CVR number: 31746663
Gellerupvej 112, 6800 Varde

Company information

Official name
HHHV EJENDOMME A/S
Established
2008
Company form
Limited company
Industry

About HHHV EJENDOMME A/S

HHHV EJENDOMME A/S (CVR number: 31746663) is a company from VARDE. The company recorded a gross profit of 2876.8 kDKK in 2023. The operating profit was 1915.8 kDKK, while net earnings were 1096.9 kDKK. The profitability of the company measured by Return on Assets (ROA) was 8.6 %, which can be considered good but Return on Equity (ROE) was 26.1 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 19.8 %, a level that can be considered to be very low. This means the company is highly leveraged, with most assets financed through debt. This high level of financial risk could pose challenges in periods of financial distress or rising interest rates. HHHV EJENDOMME A/S's liquidity measured by quick ratio was 0.6 which is at a low level. Thus, the company may face difficulties in addressing its short-term obligations with its available liquid assets.

Financial information

See financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2019
2020
2021
2022
2023
Volume
Net sales
Gross profit2 648.382 711.592 751.862 840.702 876.79
EBIT1 687.401 750.611 790.871 879.711 915.80
Net earnings1 001.581 132.091 174.391 169.391 096.91
Shareholders equity total9 380.4810 505.9011 913.583 716.444 692.44
Balance sheet total (assets)23 795.5824 089.1923 425.2223 855.7923 676.55
Net debt8 998.967 806.346 636.9315 491.0614 543.16
Profitability
EBIT-%
ROA6.8 %7.6 %7.7 %8.3 %8.6 %
ROE9.5 %11.4 %10.5 %15.0 %26.1 %
ROI7.2 %8.1 %8.2 %8.7 %8.9 %
Economic value added (EVA)305.32503.18532.99576.57599.53
Solvency
Equity ratio39.4 %43.6 %50.9 %15.6 %19.8 %
Gearing96.4 %74.4 %55.7 %417.3 %313.2 %
Relative net indebtedness %
Liquidity
Quick ratio0.00.41.01.80.6
Current ratio0.00.41.01.80.6
Cash and cash equivalents40.346.5115.80154.97
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingAAAAAAAAAA

Variable visualization

ROA:8.60%
Rating: 53/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:19.8%
Rating: 19/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chairman of the board
Board member
Chief executive officer

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