Hundstrup El-Service ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About Hundstrup El-Service ApS
Hundstrup El-Service ApS (CVR number: 37949000) is a company from ODENSE. The company reported a net sales of 0.7 mDKK in 2023, demonstrating a decline of -35.8 % compared to the previous year. The operating profit percentage was at 2.4 % (EBIT: 0 mDKK), while net earnings were 2.3 kDKK. The profitability of the company measured by Return on Assets (ROA) was 8.6 %, which can be considered good but Return on Equity (ROE) was 4.6 %, which can be considered decent. The equity ratio, a key indicator for solidity, stood at 57.7 %, 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. Hundstrup El-Service ApS's liquidity measured by quick ratio was 1.7 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 financialsNet sales (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | 933.53 | 1 245.04 | 1 455.81 | 1 164.20 | 747.93 |
Gross profit | 364.91 | 605.36 | 426.20 | 499.04 | 91.89 |
EBIT | 92.60 | 251.05 | - 296.78 | 0.05 | 17.98 |
Net earnings | 70.42 | 193.15 | - 238.72 | -8.75 | 2.29 |
Shareholders equity total | 102.56 | 295.71 | 56.99 | 48.24 | 50.53 |
Balance sheet total (assets) | 365.52 | 532.83 | 369.91 | 331.13 | 87.49 |
Net debt | -95.84 | - 173.21 | 40.86 | 42.21 | -10.25 |
Profitability | |||||
EBIT-% | 9.9 % | 20.2 % | -20.4 % | 0.0 % | 2.4 % |
ROA | 26.8 % | 55.9 % | -65.8 % | 0.0 % | 8.6 % |
ROE | 104.6 % | 97.0 % | -135.4 % | -16.6 % | 4.6 % |
ROI | 40.6 % | 88.5 % | -140.4 % | 0.0 % | 19.7 % |
Economic value added (EVA) | 71.78 | 195.89 | - 236.89 | -4.87 | 13.43 |
Solvency | |||||
Equity ratio | 28.1 % | 55.5 % | 15.4 % | 14.6 % | 57.7 % |
Gearing | 73.0 % | 174.0 % | |||
Relative net indebtedness % | 15.8 % | 2.9 % | 21.4 % | 20.7 % | 3.6 % |
Liquidity | |||||
Quick ratio | 1.0 | 1.2 | 0.3 | 0.5 | 1.7 |
Current ratio | 1.2 | 1.9 | 0.6 | 0.9 | 1.7 |
Cash and cash equivalents | 95.84 | 173.21 | 0.76 | 41.71 | 10.25 |
Capital use efficiency | |||||
Trade debtors turnover (days) | 6.0 | 4.4 | 12.1 | 0.3 | 25.6 |
Net working capital % | 2.4 % | 11.1 % | -7.9 % | -1.6 % | 3.5 % |
Credit risk | |||||
Credit rating | BB | BB | BB | BB | BB |
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