HVIID & LARSEN ApS — Credit Rating and Financial Key Figures

CVR number: 35477144
Porsvej 2, 9000 Aalborg
info@hviidoglarsen.dk
tel: 50504515
www.hviidoglarsen.dk

Credit rating

Company information

Official name
HVIID & LARSEN ApS
Personnel
3 persons
Established
2013
Company form
Private limited company
Industry

About HVIID & LARSEN ApS

HVIID & LARSEN ApS (CVR number: 35477144) is a company from AALBORG. The company recorded a gross profit of 2119.9 kDKK in 2024. The operating profit was 125.4 kDKK, while net earnings were 93.4 kDKK. The profitability of the company measured by Return on Assets (ROA) was 7.9 %, which can be considered decent but Return on Equity (ROE) was 9.9 %, which can be considered good. The equity ratio, a key indicator for solidity, stood at 72.4 %, a level that can be considered to be good. This shows that a large part of the company's assets are funded by shareholders' equity, reducing financial risk. HVIID & LARSEN ApS's liquidity measured by quick ratio was 3.6 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
2020
2021
2022
2023
2024
Volume
Net sales
Gross profit1 546.532 524.422 841.052 457.972 119.89
EBIT162.97664.871 011.98349.27125.37
Net earnings123.93510.20771.22267.4493.40
Shareholders equity total245.03555.23926.45893.89987.29
Balance sheet total (assets)1 064.111 100.021 551.981 799.171 363.15
Net debt- 729.03-1 048.88-1 173.54-1 573.74-1 151.13
Profitability
EBIT-%
ROA19.2 %61.4 %76.3 %20.8 %7.9 %
ROE43.8 %127.5 %104.1 %29.4 %9.9 %
ROI57.6 %166.2 %136.6 %32.9 %11.5 %
Economic value added (EVA)130.44541.53809.08279.98127.72
Solvency
Equity ratio23.0 %50.5 %59.7 %49.7 %72.4 %
Gearing
Relative net indebtedness %
Liquidity
Quick ratio1.32.02.53.03.6
Current ratio1.32.02.53.03.6
Cash and cash equivalents729.031 048.881 173.541 573.741 151.13
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBBBBB

Variable visualization

ROA:7.93%
Rating: 51/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:72.4%
Rating: 54/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer
Board member

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