IVAR HUITFELDTS GADE 60 ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About IVAR HUITFELDTS GADE 60 ApS
IVAR HUITFELDTS GADE 60 ApS (CVR number: 29153876) is a company from AARHUS. The company recorded a gross profit of -5.9 kDKK in 2023. The operating profit was -37 kDKK, while net earnings were -28.1 kDKK. The profitability of the company measured by Return on Assets (ROA) was -0.7 %, which can be considered poor and Return on Equity (ROE) was -1.9 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 51 %, 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. IVAR HUITFELDTS GADE 60 ApS's liquidity measured by quick ratio was 1.4 which is at a high level. Thus, the company is in a strong financial position, with liquid assets surpassing current liabilities. It is well-prepared to cover short-term financial obligations.
Financial information
See financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | |||||
Gross profit | -5.64 | -88.87 | -63.03 | 1 269.16 | -5.85 |
EBIT | -17.07 | - 103.35 | -91.74 | 1 237.97 | -37.04 |
Net earnings | -25.76 | - 100.56 | - 118.05 | 1 204.16 | -28.07 |
Shareholders equity total | 488.61 | 388.05 | 270.01 | 1 474.17 | 1 446.09 |
Balance sheet total (assets) | 1 871.83 | 1 853.20 | 4 107.45 | 2 866.54 | 2 837.97 |
Net debt | 1 330.77 | 1 424.82 | 3 804.85 | 1 361.85 | 1 350.63 |
Profitability | |||||
EBIT-% | |||||
ROA | -0.9 % | -5.5 % | -3.1 % | 35.5 % | -0.7 % |
ROE | -5.1 % | -22.9 % | -35.9 % | 138.1 % | -1.9 % |
ROI | -1.0 % | -5.6 % | -3.1 % | 35.7 % | -0.7 % |
Economic value added (EVA) | -98.50 | - 170.01 | - 154.50 | 1 094.12 | - 180.75 |
Solvency | |||||
Equity ratio | 26.1 % | 20.9 % | 6.6 % | 51.4 % | 51.0 % |
Gearing | 279.8 % | 373.4 % | 1415.3 % | 93.3 % | 95.1 % |
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 0.3 | 0.2 | 0.0 | 0.8 | 1.4 |
Current ratio | 0.3 | 0.2 | 0.0 | 0.8 | 1.4 |
Cash and cash equivalents | 36.45 | 24.33 | 16.60 | 13.15 | 24.37 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | BBB | BBB | BBB | BBB | BBB |
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