IVAR HUITFELDTS GADE 60 ApS — Credit Rating and Financial Key Figures

CVR number: 29153876
Nordre Strandvej 36, 8240 Risskov
larswolthers@hotmail.com
tel: 27114350

Credit rating

Company information

Official name
IVAR HUITFELDTS GADE 60 ApS
Established
2005
Company form
Private limited company
Industry

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 financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2019
2020
2021
2022
2023
Volume
Net sales
Gross profit-5.64-88.87-63.031 269.16-5.85
EBIT-17.07- 103.35-91.741 237.97-37.04
Net earnings-25.76- 100.56- 118.051 204.16-28.07
Shareholders equity total488.61388.05270.011 474.171 446.09
Balance sheet total (assets)1 871.831 853.204 107.452 866.542 837.97
Net debt1 330.771 424.823 804.851 361.851 350.63
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- 154.501 094.12- 180.75
Solvency
Equity ratio26.1 %20.9 %6.6 %51.4 %51.0 %
Gearing279.8 %373.4 %1415.3 %93.3 %95.1 %
Relative net indebtedness %
Liquidity
Quick ratio0.30.20.00.81.4
Current ratio0.30.20.00.81.4
Cash and cash equivalents36.4524.3316.6013.1524.37
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBBBBBBBB

Variable visualization

ROA:-0.67%
Rating: 19/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:51.0%
Rating: 41/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer

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