H Erhverv 2 A/S — Credit Rating and Financial Key Figures

CVR number: 36992948
Styrtom Skovvej 12, 6200 Aabenraa
tel: 73626200

Company information

Official name
H Erhverv 2 A/S
Established
2015
Company form
Limited company
Industry

About H Erhverv 2 A/S

H Erhverv 2 A/S (CVR number: 36992948) is a company from AABENRAA. The company recorded a gross profit of 3410.7 kDKK in 2023. The operating profit was 2703.7 kDKK, while net earnings were 1677.7 kDKK. The profitability of the company measured by Return on Assets (ROA) was 5.4 %, which can be considered decent and Return on Equity (ROE) was 6.3 %, which can be considered decent. The equity ratio, a key indicator for solidity, stood at 53.4 %, 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. H Erhverv 2 A/S'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

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2019
2020
2021
2022
2023
Volume
Net sales
Gross profit3 638.833 408.513 586.881 854.383 410.67
EBIT3 638.834 408.5121 886.881 854.382 703.69
Net earnings3 514.323 434.7617 046.101 393.181 677.66
Shareholders equity total11 924.3912 359.1526 405.2526 798.4326 476.09
Balance sheet total (assets)33 986.1435 289.8251 083.7552 223.3449 597.30
Net debt19 124.3420 048.4117 604.9217 982.2615 698.29
Profitability
EBIT-%
ROA13.9 %12.9 %50.8 %3.7 %5.4 %
ROE34.6 %28.3 %87.9 %5.2 %6.3 %
ROI14.8 %13.7 %53.3 %3.8 %5.7 %
Economic value added (EVA)1 328.561 827.3715 399.57-1 016.34- 398.70
Solvency
Equity ratio35.1 %35.0 %51.7 %51.3 %53.4 %
Gearing162.2 %162.2 %66.7 %67.1 %59.3 %
Relative net indebtedness %
Liquidity
Quick ratio1.00.70.30.40.0
Current ratio1.00.70.30.40.0
Cash and cash equivalents220.32
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingAABBBAA

Variable visualization

ROA:5.45%
Rating: 44/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:53.4%
Rating: 42/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer
Board member

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