Ejendomsselskabet Hvide Sande ApS — Credit Rating and Financial Key Figures

CVR number: 37223646
Thyrasgade 4, 8260 Viby J
dacas@dacas.dk
tel: 87340366

Company information

Official name
Ejendomsselskabet Hvide Sande ApS
Personnel
1 person
Established
2015
Company form
Private limited company
Industry

About Ejendomsselskabet Hvide Sande ApS

Ejendomsselskabet Hvide Sande ApS (CVR number: 37223646) is a company from AARHUS. The company recorded a gross profit of 6043.9 kDKK in 2023. The operating profit was 9647.4 kDKK, while net earnings were 3515.8 kDKK. The profitability of the company measured by Return on Assets (ROA) was 6.3 %, which can be considered decent but Return on Equity (ROE) was 22.4 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 10.3 %, 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. Ejendomsselskabet Hvide Sande ApS's liquidity measured by quick ratio was 0 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
2019
2020
2021
2022
2023
Volume
Net sales
Gross profit2 037.412 358.572 815.143 244.816 043.95
EBIT3 616.764 954.703 249.784 004.549 647.40
Net earnings2 378.233 286.431 980.441 867.183 515.85
Shareholders equity total7 378.0510 364.4812 044.9213 912.1017 427.94
Balance sheet total (assets)59 501.5183 886.2586 266.21134 804.96169 434.86
Net debt12 747.5714 039.1918 094.8619 902.8017 328.26
Profitability
EBIT-%
ROA8.1 %7.0 %3.9 %3.7 %6.3 %
ROE38.4 %37.0 %17.7 %14.4 %22.4 %
ROI19.3 %18.3 %10.3 %11.8 %24.7 %
Economic value added (EVA)2 189.582 882.581 339.461 671.855 896.68
Solvency
Equity ratio12.4 %12.4 %14.0 %10.3 %10.3 %
Gearing184.8 %182.7 %150.2 %144.4 %111.3 %
Relative net indebtedness %
Liquidity
Quick ratio0.10.40.20.00.0
Current ratio0.10.40.20.00.0
Cash and cash equivalents890.394 894.81186.912 076.60
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingAAAAA

Variable visualization

ROA:6.35%
Rating: 47/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:10.3%
Rating: 10/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer

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