Hjort & Wachmann 2 ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About Hjort & Wachmann 2 ApS
Hjort & Wachmann 2 ApS (CVR number: 38746308) is a company from HELSINGØR. The company recorded a gross profit of 182.6 kDKK in 2022, demonstrating a growth of 36.3 % compared to the previous year. The operating profit was 182.6 kDKK, while net earnings were -56 kDKK. The profitability of the company measured by Return on Assets (ROA) was 11.1 %, which can be considered good but Return on Equity (ROE) was -4.6 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 29 %, a level that can be considered to be low. This means a higher proportion of debt in its capital structure, indicating a greater reliance on borrowed funds. Hjort & Wachmann 2 ApS's liquidity measured by quick ratio was 3.7 which is at a very high level. Thus, the company demonstrates exceptional financial stability, possessing a significant surplus of liquid assets over its short-term liabilities.
Financial information
See financialsNet sales (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2018 | 2019 | 2020 | 2021 | 2022 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | 271.00 | 202.00 | 248.00 | 250.00 | |
Gross profit | 172.00 | 101.00 | 151.00 | 134.00 | 182.65 |
EBIT | 104.00 | 50.00 | 86.00 | 70.00 | 182.65 |
Net earnings | 80.00 | 33.00 | 61.00 | 50.00 | -55.96 |
Shareholders equity total | 2 103.00 | 2 136.00 | 2 198.00 | 2 248.00 | 191.88 |
Balance sheet total (assets) | 2 731.00 | 2 705.00 | 2 667.00 | 2 687.00 | 662.76 |
Net debt | 305.00 | 338.00 | 240.00 | 85.00 | - 518.32 |
Profitability | |||||
EBIT-% | 38.4 % | 24.8 % | 34.7 % | 28.0 % | |
ROA | 3.8 % | 1.8 % | 3.3 % | 2.7 % | 11.1 % |
ROE | 3.9 % | 1.6 % | 2.8 % | 2.2 % | -4.6 % |
ROI | 4.0 % | 1.9 % | 3.4 % | 2.8 % | 12.9 % |
Economic value added (EVA) | -27.10 | -76.44 | -46.16 | -56.36 | 24.41 |
Solvency | |||||
Equity ratio | 77.0 % | 79.0 % | 82.4 % | 83.7 % | 29.0 % |
Gearing | 19.0 % | 20.2 % | 15.2 % | 10.6 % | 75.3 % |
Relative net indebtedness % | 167.2 % | 199.0 % | 124.2 % | 91.6 % | |
Liquidity | |||||
Quick ratio | 0.4 | 0.4 | 0.5 | 0.5 | 3.7 |
Current ratio | 0.4 | 0.4 | 0.5 | 0.5 | 3.7 |
Cash and cash equivalents | 94.00 | 93.00 | 94.00 | 153.00 | 662.76 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | -57.2 % | -78.2 % | -55.2 % | -69.2 % | |
Credit risk | |||||
Credit rating | BBB | BBB | BBB | BBB | BB |
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