H 60 Holding ApS — Credit Rating and Financial Key Figures

CVR number: 28322232
Hack Kampmanns Plads 2, 8000 Aarhus C
birthe.bank@dlapiper.com

Company information

Official name
H 60 Holding ApS
Established
2005
Company form
Private limited company
Industry

About H 60 Holding ApS

H 60 Holding ApS (CVR number: 28322232) is a company from AARHUS. The company reported a net sales of -0.1 mDKK in 2018, demonstrating a growth of -99.7 % compared to the previous year. The operating profit percentage was poor at 0 % (EBIT: -0.1 mDKK), while net earnings were 33 mDKK. The profitability of the company measured by Return on Assets (ROA) was 143 %, which can be considered excellent and Return on Equity (ROE) was 390.4 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 60 %, 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. H 60 Holding 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

Net sales (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2016
2017
2018
Volume
Net sales9 392.33-32 001.34- 108.50
Gross profit9 296.46-31 442.34-98.47
EBIT9 296.46-31 442.34-98.47
Net earnings7 019.66-33 855.3332 997.39
Shareholders equity total4 681.71-29 173.635 125.10
Balance sheet total (assets)44 122.7911 780.698 541.81
Net debt37 434.9539 462.533 396.69
Profitability
EBIT-%99.0 %
ROA21.1 %-73.9 %143.0 %
ROE149.9 %-411.3 %390.4 %
ROI21.3 %-74.4 %143.2 %
Economic value added (EVA)9 311.60-29 007.542 025.95
Solvency
Equity ratio10.6 %-71.2 %60.0 %
Gearing799.6 %-135.3 %66.3 %
Relative net indebtedness %404.5 %-123.4 %-3149.0 %
Liquidity
Quick ratio0.00.00.0
Current ratio0.00.00.0
Cash and cash equivalents1.711.280.02
Capital use efficiency
Trade debtors turnover (days)
Net working capital %-400.9 %123.4 %3149.0 %
Credit risk
Credit ratingABBB

Variable visualization

ROA:143.0%
Rating: 100/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:60.0%
Rating: 46/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

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