IVAR HUITFELDTS GADE 79, ÅRHUS ApS — Credit Rating and Financial Key Figures

CVR number: 25119592
Elbækvej 14, 8240 Risskov
jnyborg@email.dk
tel: 53835053

Company information

Official name
IVAR HUITFELDTS GADE 79, ÅRHUS ApS
Established
2000
Company form
Private limited company
Industry

About IVAR HUITFELDTS GADE 79, ÅRHUS ApS

IVAR HUITFELDTS GADE 79, ÅRHUS ApS (CVR number: 25119592) is a company from AARHUS. The company reported a net sales of 2.3 mDKK in 2023, demonstrating a growth of 4.6 % compared to the previous year. The operating profit percentage was at 84.2 % (EBIT: 2 mDKK), while net earnings were 1160.5 kDKK. The profitability of the company measured by Return on Assets (ROA) was 5.7 %, which can be considered decent and Return on Equity (ROE) was 6 %, which can be considered decent. The equity ratio, a key indicator for solidity, stood at 58.3 %, 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 79, ÅRHUS 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

Net sales (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2019
2020
2021
2022
2023
Volume
Net sales1 906.592 082.442 255.582 238.482 340.86
Gross profit474.471 250.611 867.731 816.432 005.02
EBIT439.321 217.061 834.181 782.881 971.46
Net earnings228.34872.221 358.021 286.151 160.48
Shareholders equity total15 357.5216 229.7417 587.7618 873.9120 034.39
Balance sheet total (assets)34 996.5834 857.2134 556.3534 473.6834 414.64
Net debt10 971.9910 354.7313 396.8812 081.2510 859.21
Profitability
EBIT-%23.0 %58.4 %81.3 %79.6 %84.2 %
ROA1.3 %3.5 %5.3 %5.2 %5.7 %
ROE1.5 %5.5 %8.0 %7.1 %6.0 %
ROI1.5 %4.2 %5.9 %5.3 %5.9 %
Economic value added (EVA)- 987.77- 341.73125.8744.71144.35
Solvency
Equity ratio43.9 %46.6 %50.9 %54.8 %58.3 %
Gearing73.0 %65.2 %76.8 %64.0 %54.3 %
Relative net indebtedness %892.0 %768.6 %641.1 %589.6 %511.1 %
Liquidity
Quick ratio0.10.10.00.00.0
Current ratio0.10.10.00.00.0
Cash and cash equivalents232.86221.04107.732.6117.12
Capital use efficiency
Trade debtors turnover (days)
Net working capital %-324.3 %-283.6 %-228.0 %-198.2 %-154.0 %
Credit risk
Credit ratingAAAAA

Variable visualization

ROA:5.73%
Rating: 45/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:58.3%
Rating: 45/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer

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