HC ODENSE HERREHÅNDBOLD A/S — Credit Rating and Financial Key Figures

CVR number: 35251278
Møllervænget 3, 5230 Odense M
pds@odenserenovation.dk
tel: 40371396

Credit rating

Company information

Official name
HC ODENSE HERREHÅNDBOLD A/S
Personnel
10 persons
Established
2013
Company form
Limited company
Industry
  • Expand more icon93Sports activities and amusement and recreation activities

About HC ODENSE HERREHÅNDBOLD A/S

HC ODENSE HERREHÅNDBOLD A/S (CVR number: 35251278) is a company from ODENSE. The company recorded a gross profit of 933.2 kDKK in 2023. The operating profit was -65.5 kDKK, while net earnings were -84.6 kDKK. The profitability of the company measured by Return on Assets (ROA) was -6.9 %, which can be considered poor and Return on Equity (ROE) was -40.6 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at -70 %. This indicates that the company's debt surpasses the value of its total assets, posing significant financial risk. HC ODENSE HERREHÅNDBOLD A/S's liquidity measured by quick ratio was 0.3 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 profit1 442.001 235.001 002.001 167.00933.20
EBIT12.00- 154.00- 286.0042.00-65.50
Net earnings4.00- 168.00- 303.0014.00-84.59
Shareholders equity total- 247.00- 414.00- 717.00- 703.00- 787.86
Balance sheet total (assets)555.00880.00345.00281.00135.63
Net debt-42.00299.00258.00202.00352.25
Profitability
EBIT-%
ROA1.9 %-14.7 %-24.3 %4.1 %-6.9 %
ROE1.0 %-23.4 %-49.5 %4.5 %-40.6 %
ROI5.3 %-33.8 %-53.5 %7.8 %-14.0 %
Economic value added (EVA)31.55- 116.71- 257.2688.28-16.91
Solvency
Equity ratio37.1 %4.9 %-42.5 %-45.8 %-70.0 %
Gearing-183.4 %-110.4 %-64.4 %-66.3 %-59.8 %
Relative net indebtedness %
Liquidity
Quick ratio1.61.10.80.50.3
Current ratio1.61.10.80.50.3
Cash and cash equivalents495.00158.00204.00264.00118.63
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBB

Variable visualization

ROA:-6.87%
Rating: 13/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:-70.0%
Rating: 0/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chairman of the board
Chief executive officer

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