H2 Holding Odense ApS — Credit Rating and Financial Key Figures

CVR number: 37082589
Søndre Havnekaj 19, 5300 Kerteminde
harabula@hotmail.com
tel: 50141731

Company information

Official name
H2 Holding Odense ApS
Established
2015
Company form
Private limited company
Industry

About H2 Holding Odense ApS

H2 Holding Odense ApS (CVR number: 37082589) is a company from KERTEMINDE. The company recorded a gross profit of -167.8 kDKK in 2023. The operating profit was -167.8 kDKK, while net earnings were 785 kDKK. The profitability of the company measured by Return on Assets (ROA) was 12.9 %, which can be considered good and Return on Equity (ROE) was 13.9 %, which can be considered good. The equity ratio, a key indicator for solidity, stood at 94.5 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. H2 Holding Odense ApS's liquidity measured by quick ratio was 4.5 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 profit-6.06-5.47-5.38-8.00- 167.84
EBIT-6.06-5.47-5.38-8.00- 167.84
Net earnings- 224.74-1 557.541 078.97122.25785.03
Shareholders equity total5 596.044 038.515 117.485 239.726 024.76
Balance sheet total (assets)5 912.564 373.325 693.025 700.316 372.32
Net debt-10.21- 391.47230.7262.99-33.40
Profitability
EBIT-%
ROA-3.4 %-29.8 %21.9 %2.4 %12.9 %
ROE-3.9 %-32.3 %23.6 %2.4 %13.9 %
ROI-3.6 %-31.7 %23.4 %2.5 %13.0 %
Economic value added (EVA)-94.65- 200.60- 183.30- 153.47- 276.98
Solvency
Equity ratio94.6 %92.3 %89.9 %91.9 %94.5 %
Gearing0.2 %0.3 %4.5 %1.4 %0.2 %
Relative net indebtedness %
Liquidity
Quick ratio1.91.80.31.44.5
Current ratio1.91.80.31.44.5
Cash and cash equivalents23.72403.130.948.6745.06
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingABBBAAAA

Variable visualization

ROA:12.9%
Rating: 63/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:94.5%
Rating: 75/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

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