HIMMERLANDSGADE 111 AARS A/S — Credit Rating and Financial Key Figures

CVR number: 25128044
Hans Egedes Vej 44, 9600 Aars
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Credit rating

Company information

Official name
HIMMERLANDSGADE 111 AARS A/S
Established
2000
Company form
Limited company
Industry

About HIMMERLANDSGADE 111 AARS A/S

HIMMERLANDSGADE 111 AARS A/S (CVR number: 25128044) is a company from VESTHIMMERLANDS. The company recorded a gross profit of -11.8 kDKK in 2023. The operating profit was -11.8 kDKK, while net earnings were 18.7 kDKK. The profitability of the company measured by Return on Assets (ROA) was 1.6 %, which can be considered weak and Return on Equity (ROE) was 0.8 %, which can be considered weak. The equity ratio, a key indicator for solidity, stood at 39.8 %, a level that can be considered to be low. This means a higher proportion of debt in its capital structure, indicating a greater reliance on borrowed funds. HIMMERLANDSGADE 111 AARS A/S's liquidity measured by quick ratio was 48 which is at a very high level. Thus, the company demonstrates exceptional financial stability, possessing a significant surplus of liquid assets over its short-term liabilities.

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-9.28-10.28-11.05-10.38-11.76
EBIT-9.28-10.28-11.05-10.38-11.76
Net earnings30.78666.2218.7319.6218.71
Shareholders equity total1 622.942 289.162 307.892 327.512 346.22
Balance sheet total (assets)7 282.817 089.076 507.566 611.145 899.22
Net debt-1 060.10- 629.54- 387.96- 838.32- 479.68
Profitability
EBIT-%
ROA1.6 %-7.9 %1.7 %1.7 %1.6 %
ROE1.9 %34.1 %0.8 %0.8 %0.8 %
ROI2.0 %11.3 %1.7 %2.5 %4.3 %
Economic value added (EVA)-50.50-37.93-92.03- 104.58-83.60
Solvency
Equity ratio22.3 %32.3 %35.5 %35.2 %39.8 %
Gearing
Relative net indebtedness %
Liquidity
Quick ratio109.563.038.883.848.0
Current ratio109.563.038.883.848.0
Cash and cash equivalents1 060.10629.54387.96838.32479.68
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingAAAABBB

Variable visualization

ROA:1.62%
Rating: 28/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:39.8%
Rating: 33/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chairman of the board
Board member
Board member

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