Hjort & Wachmann 2 ApS — Credit Rating and Financial Key Figures

CVR number: 38746308
Halvdansvej 26, 3080 Tikøb

Company information

Official name
Hjort & Wachmann 2 ApS
Established
2017
Company form
Private limited company
Industry

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 financials

Net sales (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2018
2019
2020
2021
2022
Volume
Net sales271.00202.00248.00250.00
Gross profit172.00101.00151.00134.00182.65
EBIT104.0050.0086.0070.00182.65
Net earnings80.0033.0061.0050.00-55.96
Shareholders equity total2 103.002 136.002 198.002 248.00191.88
Balance sheet total (assets)2 731.002 705.002 667.002 687.00662.76
Net debt305.00338.00240.0085.00- 518.32
Profitability
EBIT-%38.4 %24.8 %34.7 %28.0 %
ROA3.8 %1.8 %3.3 %2.7 %11.1 %
ROE3.9 %1.6 %2.8 %2.2 %-4.6 %
ROI4.0 %1.9 %3.4 %2.8 %12.9 %
Economic value added (EVA)-27.10-76.44-46.16-56.3624.41
Solvency
Equity ratio77.0 %79.0 %82.4 %83.7 %29.0 %
Gearing19.0 %20.2 %15.2 %10.6 %75.3 %
Relative net indebtedness %167.2 %199.0 %124.2 %91.6 %
Liquidity
Quick ratio0.40.40.50.53.7
Current ratio0.40.40.50.53.7
Cash and cash equivalents94.0093.0094.00153.00662.76
Capital use efficiency
Trade debtors turnover (days)
Net working capital %-57.2 %-78.2 %-55.2 %-69.2 %
Credit risk
Credit ratingBBBBBBBBBBBBBB

Variable visualization

ROA:11.1%
Rating: 60/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:29.0%
Rating: 25/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

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