DANSK HESTEVÆDDELØB ApS — Credit Rating and Financial Key Figures

CVR number: 31943329
Traverbanevej 10, 2920 Charlottenlund
pmt@danskhv.dk
tel: 25323141
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Credit rating

Company information

Official name
DANSK HESTEVÆDDELØB ApS
Personnel
33 persons
Established
2008
Company form
Private limited company
Industry

About DANSK HESTEVÆDDELØB ApS

DANSK HESTEVÆDDELØB ApS (CVR number: 31943329) is a company from GENTOFTE. The company recorded a gross profit of 14.3 mDKK in 2024. The operating profit was -1277.2 kDKK, while net earnings were -1046.8 kDKK. The profitability of the company measured by Return on Assets (ROA) was -10 %, which can be considered poor and Return on Equity (ROE) was -42 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 14.6 %, a level that can be considered to be very low. This means the company is highly leveraged, with most assets financed through debt. This high level of financial risk could pose challenges in periods of financial distress or rising interest rates. DANSK HESTEVÆDDELØB ApS's liquidity measured by quick ratio was 1.1 which is at a modest level. Thus, the company's liquid assets are in relative balance with its short-term liabilities, indicating a moderate liquidity position. While it's likely to meet its current obligations, financial flexibility may be constrained, and unexpected costs could pose challenges.

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 profit6 298.229 250.5712 340.9916 910.8314 335.12
EBIT283.062 419.99- 317.743 760.12-1 277.21
Net earnings208.882 073.61- 171.82402.91-1 046.76
Shareholders equity total709.442 783.052 611.233 014.131 967.37
Balance sheet total (assets)13 266.8822 734.3412 557.7911 723.9313 516.67
Net debt-1 755.03-2 550.78-1 157.67-2 760.24-3 604.49
Profitability
EBIT-%
ROA1.7 %15.8 %-0.7 %54.3 %-10.0 %
ROE34.5 %118.7 %-6.4 %14.3 %-42.0 %
ROI28.3 %125.9 %-3.5 %35.6 %-44.5 %
Economic value added (EVA)156.791 813.96- 464.652 480.07-1 239.38
Solvency
Equity ratio9.2 %14.5 %24.9 %30.1 %14.6 %
Gearing71.9 %18.3 %44.5 %22.2 %
Relative net indebtedness %
Liquidity
Quick ratio1.11.21.31.41.1
Current ratio1.11.21.31.41.1
Cash and cash equivalents2 265.033 060.782 319.933 430.843 604.49
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBBBBBBB

Variable visualization

ROA:-9.96%
Rating: 10/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:14.6%
Rating: 14/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Board member
Chairman of the board
Chief executive officer

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