HANDELSSELSKABET HERLUF HØST ApS — Credit Rating and Financial Key Figures

CVR number: 73386411
Lysbjergvej 8 D, Hammelev 6500 Vojens

Credit rating

Company information

Official name
HANDELSSELSKABET HERLUF HØST ApS
Established
1983
Domicile
Hammelev
Company form
Private limited company
Industry

About HANDELSSELSKABET HERLUF HØST ApS

HANDELSSELSKABET HERLUF HØST ApS (CVR number: 73386411) is a company from HADERSLEV. The company recorded a gross profit of -2552.6 kDKK in 2022. The operating profit was 497.4 kDKK, while net earnings were -236.4 kDKK. The profitability of the company measured by Return on Assets (ROA) was 1.8 %, which can be considered weak but Return on Equity (ROE) was -1.3 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at -28 %. This indicates that the company's debt surpasses the value of its total assets, posing significant financial risk. HANDELSSELSKABET HERLUF HØST ApS's liquidity measured by quick ratio was 0.4 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
2018
2019
2020
2021
2022
Volume
Net sales
Gross profit- 230.00-2 329.15- 409.91- 247.15-2 552.59
EBIT- 230.00-2 329.15- 409.91- 247.15497.41
Net earnings- 532.02-2 143.06- 663.64- 610.01- 236.36
Shareholders equity total-6 638.34-8 781.40-9 445.04-10 055.05-10 291.40
Balance sheet total (assets)9 821.529 946.129 347.619 326.4826 499.23
Net debt16 284.0016 909.3911 051.4719 230.7522 634.27
Profitability
EBIT-%
ROA-1.4 %-13.2 %-2.1 %-1.3 %1.8 %
ROE-5.4 %-21.7 %-6.9 %-6.5 %-1.3 %
ROI-1.4 %-13.9 %-2.8 %-1.6 %2.4 %
Economic value added (EVA)- 208.35-1 804.06- 162.1336.46757.00
Solvency
Equity ratio-40.3 %-46.9 %-50.3 %-51.9 %-28.0 %
Gearing-246.3 %-192.6 %-118.0 %-192.2 %-220.1 %
Relative net indebtedness %
Liquidity
Quick ratio0.20.10.10.10.4
Current ratio0.20.10.10.10.4
Cash and cash equivalents65.567.9289.6696.2814.01
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBBBBBBB

Variable visualization

ROA:1.82%
Rating: 29/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:-28.0%
Rating: 0/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer
Board member

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