HC Odense Ejendomme 2 ApS — Credit Rating and Financial Key Figures

CVR number: 38863711
Lumbyvej 11 C, 5000 Odense C

Credit rating

Company information

Official name
HC Odense Ejendomme 2 ApS
Established
2017
Company form
Private limited company
Industry
  • Expand more icon681100

About HC Odense Ejendomme 2 ApS

HC Odense Ejendomme 2 ApS (CVR number: 38863711) is a company from ODENSE. The company recorded a gross profit of 72.7 kDKK in 2023. The operating profit was 72.7 kDKK, while net earnings were 71 kDKK. The profitability of the company measured by Return on Assets (ROA) was 1.9 %, which can be considered weak but Return on Equity (ROE) was 15.2 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 12.8 %, 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. HC Odense Ejendomme 2 ApS's liquidity measured by quick ratio was 0 which is at a very low level. Thus, the company is in an unstable financial position, with its liquid assets significantly undermatching its current liabilities. This severe liquidity deficiency may lead to financial distress and threaten the company's operational continuity.

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 profit575.00-19.65-31.73-39.4372.67
EBIT575.00- 216.03-31.73-39.4372.67
Net earnings439.60- 218.44-32.58-40.4570.95
Shareholders equity total723.63505.19472.61432.16503.11
Balance sheet total (assets)4 610.703 935.183 917.603 924.153 924.18
Net debt2 092.783 311.913 344.493 384.953 405.91
Profitability
EBIT-%
ROA7.6 %-5.1 %-0.8 %-1.0 %1.9 %
ROE87.3 %-35.6 %-6.7 %-8.9 %15.2 %
ROI7.1 %-6.0 %-0.8 %-1.0 %1.9 %
Economic value added (EVA)693.83- 227.40-56.21-63.1551.31
Solvency
Equity ratio15.7 %12.8 %12.1 %11.0 %12.8 %
Gearing357.9 %659.2 %707.8 %784.9 %678.4 %
Relative net indebtedness %
Liquidity
Quick ratio0.10.00.00.00.0
Current ratio1.21.21.21.21.1
Cash and cash equivalents497.2218.080.507.057.08
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBBB

Variable visualization

ROA:1.85%
Rating: 29/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:12.8%
Rating: 13/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Board member
Chairman of the board
Chief executive officer

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