HOVEDGADEN 610 ApS — Credit Rating and Financial Key Figures

CVR number: 34608687
Hovedgaden 610, Fløng 2640 Hedehusene

Credit rating

Company information

Official name
HOVEDGADEN 610 ApS
Established
2012
Domicile
Fløng
Company form
Private limited company
Industry

About HOVEDGADEN 610 ApS

HOVEDGADEN 610 ApS (CVR number: 34608687) is a company from Høje-Taastrup. The company recorded a gross profit of 200.4 kDKK in 2023. The operating profit was 23.8 kDKK, while net earnings were 91 kDKK. The profitability of the company measured by Return on Assets (ROA) was 0.8 %, which can be considered weak and Return on Equity (ROE) was 0.6 %, which can be considered weak. The equity ratio, a key indicator for solidity, stood at 96.3 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. HOVEDGADEN 610 ApS's liquidity measured by quick ratio was 37.5 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
2019
2020
2021
2022
2023
Volume
Net sales
Gross profit458.66460.25385.83317.12200.38
EBIT282.07283.66209.25140.5323.79
Net earnings288.14314.42193.03140.1691.04
Shareholders equity total13 431.4513 745.8713 938.9014 079.0614 170.10
Balance sheet total (assets)14 070.0614 482.5814 734.5814 636.8714 719.51
Net debt87.36123.79-3 017.04-1 363.32-1 406.28
Profitability
EBIT-%
ROA2.7 %2.9 %1.9 %1.3 %0.8 %
ROE2.2 %2.3 %1.4 %1.0 %0.6 %
ROI2.8 %3.0 %2.0 %1.3 %0.8 %
Economic value added (EVA)- 440.16- 453.47- 525.91- 428.68- 620.50
Solvency
Equity ratio95.5 %94.9 %94.6 %96.2 %96.3 %
Gearing0.7 %1.0 %1.5 %
Relative net indebtedness %
Liquidity
Quick ratio12.211.210.031.137.5
Current ratio12.211.210.031.137.5
Cash and cash equivalents6.6418.133 229.391 363.321 406.28
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingAAABBBBBB

Variable visualization

ROA:0.82%
Rating: 24/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:96.3%
Rating: 77/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

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