ERHVERVSINVESTERING HIMMERLAND K/S V/SPAREKASSEN HIMMERLAND — Credit Rating and Financial Key Figures

CVR number: 11507336
Markedsvej 5-7, 9600 Aars
mail@sparhim.dk
tel: 98621051

Company information

Official name
ERHVERVSINVESTERING HIMMERLAND K/S V/SPAREKASSEN HIMMERLAND
Established
1987
Company form
Limited partnership
Industry

About ERHVERVSINVESTERING HIMMERLAND K/S V/SPAREKASSEN HIMMERLAND

ERHVERVSINVESTERING HIMMERLAND K/S V/SPAREKASSEN HIMMERLAND (CVR number: 11507336) is a company from VESTHIMMERLANDS. The company reported a net sales of 0.3 mDKK in 2023, demonstrating a decline of -4.1 % compared to the previous year. The operating profit percentage was at 36.9 % (EBIT: 0.1 mDKK), while net earnings were 117.3 kDKK. The profitability of the company measured by Return on Assets (ROA) was 2.9 %, which can be considered weak and Return on Equity (ROE) was 3.4 %, which can be considered weak. The equity ratio, a key indicator for solidity, stood at 85.5 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. ERHVERVSINVESTERING HIMMERLAND K/S V/SPAREKASSEN HIMMERLAND'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

Net sales (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2020
2021
2022
2023
Volume
Net sales347.56309.16330.65317.00
Gross profit303.00257.72115.16117.09
EBIT150.24-83.78115.16117.09
Net earnings140.16-86.02112.98117.32
Shareholders equity total3 357.153 271.133 384.113 501.42
Balance sheet total (assets)4 077.913 891.893 960.814 093.10
Net debt- 253.95- 278.55- 253.60- 579.57
Profitability
EBIT-%43.2 %-27.1 %34.8 %36.9 %
ROA3.8 %-2.1 %2.9 %2.9 %
ROE4.2 %-2.6 %3.4 %3.4 %
ROI4.1 %-2.3 %3.1 %3.1 %
Economic value added (EVA)150.24- 366.34- 161.85- 166.85
Solvency
Equity ratio82.3 %84.0 %85.4 %85.5 %
Gearing
Relative net indebtedness %19.2 %-18.7 %-23.3 %-122.4 %
Liquidity
Quick ratio1.52.23.23.6
Current ratio1.52.23.23.6
Cash and cash equivalents253.95278.55253.60579.57
Capital use efficiency
Trade debtors turnover (days)
Net working capital %45.2 %82.8 %116.2 %158.2 %
Credit risk
Credit ratingABBBAA

Variable visualization

ROA:2.91%
Rating: 35/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:85.5%
Rating: 65/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

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