HALS MOTORVÆRKSTED ApS — Credit Rating and Financial Key Figures

CVR number: 20830786
Færgevej 6, 9370 Hals
tel: 98750331

Credit rating

Company information

Official name
HALS MOTORVÆRKSTED ApS
Personnel
6 persons
Established
1998
Company form
Private limited company
Industry
  • Expand more icon33Repair and installation of machinery and equipment

About HALS MOTORVÆRKSTED ApS

HALS MOTORVÆRKSTED ApS (CVR number: 20830786) is a company from AALBORG. The company recorded a gross profit of 4824.8 kDKK in 2023. The operating profit was 2087 kDKK, while net earnings were 1600.8 kDKK. The profitability of the company measured by Return on Assets (ROA) was 49.7 %, which can be considered excellent and Return on Equity (ROE) was 65.3 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 56 %, 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. HALS MOTORVÆRKSTED ApS's liquidity measured by quick ratio was 1.6 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 profit3 868.084 130.514 134.044 281.924 824.78
EBIT1 253.671 290.581 266.461 682.562 087.00
Net earnings955.13992.60976.591 303.071 600.84
Shareholders equity total1 955.131 992.601 976.592 303.072 600.84
Balance sheet total (assets)3 834.313 368.713 306.433 764.724 641.32
Net debt-59.12- 496.46- 869.65-63.07- 982.33
Profitability
EBIT-%
ROA33.3 %35.9 %38.0 %47.6 %49.7 %
ROE58.4 %50.3 %49.2 %60.9 %65.3 %
ROI44.6 %52.4 %61.8 %70.5 %77.2 %
Economic value added (EVA)937.65953.81912.971 256.431 532.73
Solvency
Equity ratio51.0 %59.2 %59.8 %61.2 %56.0 %
Gearing44.2 %1.1 %0.4 %15.8 %
Relative net indebtedness %
Liquidity
Quick ratio1.22.02.02.01.6
Current ratio1.93.03.03.42.7
Cash and cash equivalents923.93518.12877.18427.89982.33
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingAAAAAAAAA

Variable visualization

ROA:49.7%
Rating: 94/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:56.0%
Rating: 44/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer

Companies in the same industry

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