HVIDT INTERNATIONAL DESIGN ApS — Credit Rating and Financial Key Figures

CVR number: 87101916
Johannes V. Jensens Alle 44, 2000 Frederiksberg

Credit rating

Company information

Official name
HVIDT INTERNATIONAL DESIGN ApS
Established
1979
Company form
Private limited company
Industry

About HVIDT INTERNATIONAL DESIGN ApS

HVIDT INTERNATIONAL DESIGN ApS (CVR number: 87101916) is a company from FREDERIKSBERG. The company recorded a gross profit of -38 kDKK in 2023. The operating profit was -38 kDKK, while net earnings were 399.6 kDKK. The profitability of the company measured by Return on Assets (ROA) was 11.4 %, which can be considered good and Return on Equity (ROE) was 10.7 %, which can be considered good. The equity ratio, a key indicator for solidity, stood at 98 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. HVIDT INTERNATIONAL DESIGN 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
2019
2020
2021
2022
2023
Volume
Net sales
Gross profit-18.94-16.13-34.27-34.10-38.01
EBIT-18.94-16.13-34.27-34.10-38.01
Net earnings65.60398.55- 313.9569.72399.61
Shareholders equity total4 428.984 527.533 913.573 683.293 782.90
Balance sheet total (assets)4 519.564 692.884 071.793 730.993 858.68
Net debt- 522.49- 516.25- 302.7615.843.60
Profitability
EBIT-%
ROA3.0 %11.2 %-7.1 %2.0 %11.4 %
ROE1.4 %8.9 %-7.4 %1.8 %10.7 %
ROI3.0 %11.4 %-7.3 %2.0 %11.5 %
Economic value added (EVA)- 242.60- 207.25- 234.21- 211.80- 219.27
Solvency
Equity ratio98.0 %96.5 %96.1 %98.7 %98.0 %
Gearing0.8 %0.7 %0.9 %0.9 %0.9 %
Relative net indebtedness %
Liquidity
Quick ratio6.43.52.41.10.4
Current ratio6.43.52.41.10.4
Cash and cash equivalents555.84548.81338.7418.1829.08
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBABBBBBBBBB

Variable visualization

ROA:11.4%
Rating: 61/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:98.0%
Rating: 79/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer

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