HVITVED ApS — Credit Rating and Financial Key Figures

CVR number: 35238263
Beddingen 11, 9000 Aalborg

Company information

Official name
HVITVED ApS
Personnel
1 person
Established
2013
Company form
Private limited company
Industry

About HVITVED ApS

HVITVED ApS (CVR number: 35238263) is a company from AALBORG. The company recorded a gross profit of 140.4 kDKK in 2022. The operating profit was 150.4 kDKK, while net earnings were 114.4 kDKK. The profitability of the company measured by Return on Assets (ROA) was 34.9 %, which can be considered excellent and Return on Equity (ROE) was 29.4 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 88.8 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. HVITVED ApS's liquidity measured by quick ratio was 8.9 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

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2018
2019
2020
2021
2022
Volume
Net sales
Gross profit857.72691.77285.72380.35140.42
EBIT157.8018.08- 132.26239.03150.41
Net earnings121.2411.88- 105.29184.13114.39
Shareholders equity total511.08417.17203.88388.01389.41
Balance sheet total (assets)704.35532.85316.69423.52438.65
Net debt- 593.00- 411.66- 256.73- 410.61- 438.01
Profitability
EBIT-%
ROA20.8 %2.9 %-31.0 %64.6 %34.9 %
ROE24.1 %2.6 %-33.9 %62.2 %29.4 %
ROI31.2 %3.9 %-42.4 %80.8 %38.7 %
Economic value added (EVA)127.3517.15- 104.18188.40117.82
Solvency
Equity ratio72.6 %78.3 %64.4 %91.6 %88.8 %
Gearing0.5 %
Relative net indebtedness %
Liquidity
Quick ratio3.64.62.811.98.9
Current ratio3.64.62.811.98.9
Cash and cash equivalents595.67411.66256.73410.61438.01
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBBB

Variable visualization

ROA:34.9%
Rating: 86/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:88.8%
Rating: 69/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

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