K/S Hasselvang, Brejning — Credit Rating and Financial Key Figures

CVR number: 38056654
Merkurvej 1 K, 7400 Herning

Company information

Official name
K/S Hasselvang, Brejning
Established
2016
Company form
Limited partnership
Industry

About K/S Hasselvang, Brejning

K/S Hasselvang, Brejning (CVR number: 38056654) is a company from HERNING. The company recorded a gross profit of 982.5 kDKK in 2023. The operating profit was 787.3 kDKK, while net earnings were 649.1 kDKK. The profitability of the company measured by Return on Assets (ROA) was 7 %, which can be considered decent but Return on Equity (ROE) was 12.5 %, which can be considered good. The equity ratio, a key indicator for solidity, stood at 47.7 %, a level that can be considered to be modest. This means a balanced mix of debt and equity financing its assets—a typical operational level for many companies. K/S Hasselvang, Brejning's liquidity measured by quick ratio was 1 which is at a modest level. Thus, the company's liquid assets are in relative balance with its short-term liabilities, indicating a moderate liquidity position. While it's likely to meet its current obligations, financial flexibility may be constrained, and unexpected costs could pose challenges.

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 profit932.24906.63913.22961.90982.54
EBIT737.01711.41717.99766.67787.31
Net earnings437.73537.53562.67581.64649.15
Shareholders equity total3 457.573 919.984 406.104 897.895 450.94
Balance sheet total (assets)11 615.9711 423.3711 228.1511 192.3411 421.51
Net debt7 958.607 189.146 621.415 948.635 172.99
Profitability
EBIT-%
ROA6.3 %6.2 %6.3 %6.8 %7.0 %
ROE13.4 %14.6 %13.5 %12.5 %12.5 %
ROI6.4 %6.3 %6.5 %7.0 %7.1 %
Economic value added (EVA)230.24200.11200.59238.23255.87
Solvency
Equity ratio29.8 %34.3 %39.2 %43.8 %47.7 %
Gearing230.2 %183.4 %150.3 %124.5 %105.7 %
Relative net indebtedness %
Liquidity
Quick ratio0.00.00.31.0
Current ratio0.00.00.31.0
Cash and cash equivalents146.88586.45
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingAAAAA

Variable visualization

ROA:6.96%
Rating: 48/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:47.7%
Rating: 38/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

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