Den Hvide Hest Kolding Aps — Credit Rating and Financial Key Figures

CVR number: 42301183
Søndergade 30 A, 6000 Kolding
madsen999@icloud.com
tel: 22937301

Credit rating

Company information

Official name
Den Hvide Hest Kolding Aps
Personnel
9 persons
Established
2021
Company form
Private limited company
Industry
  • Expand more icon561110

About Den Hvide Hest Kolding Aps

Den Hvide Hest Kolding Aps (CVR number: 42301183) is a company from KOLDING. The company recorded a gross profit of 1835.4 kDKK in 2024. The operating profit was 92.3 kDKK, while net earnings were 38.6 kDKK. The profitability of the company measured by Return on Assets (ROA) was 7.8 %, which can be considered decent but Return on Equity (ROE) was 21.7 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 15.8 %, 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. Den Hvide Hest Kolding Aps's liquidity measured by quick ratio was 0.3 which is at a very low level. Thus, the company is in an unstable financial position, with its liquid assets significantly undermatching its current liabilities. This severe liquidity deficiency may lead to financial distress and threaten the company's operational continuity.

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 166.281 837.221 647.281 835.41
EBIT141.73-42.36102.3792.33
Net earnings102.67-44.1659.6438.57
Shareholders equity total142.6798.51158.16196.73
Balance sheet total (assets)751.701 045.241 120.371 243.07
Net debt- 118.74-75.62- 225.70- 199.34
Profitability
EBIT-%
ROA18.9 %-4.7 %9.5 %7.8 %
ROE72.0 %-36.6 %46.5 %21.7 %
ROI45.6 %-14.1 %42.2 %41.8 %
Economic value added (EVA)108.60-29.1484.7468.22
Solvency
Equity ratio19.0 %9.4 %14.1 %15.8 %
Gearing107.1 %186.1 %18.4 %21.8 %
Relative net indebtedness %
Liquidity
Quick ratio0.50.40.30.3
Current ratio0.90.81.11.1
Cash and cash equivalents271.56258.94254.78242.25
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBB

Variable visualization

ROA:7.81%
Rating: 51/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:15.8%
Rating: 15/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer

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