HIMMERLANDSGADE 111 AARS A/S — Credit Rating and Financial Key Figures
Credit rating
Company information
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 financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2019 | 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 earnings | 30.78 | 666.22 | 18.73 | 19.62 | 18.71 |
| Shareholders equity total | 1 622.94 | 2 289.16 | 2 307.89 | 2 327.51 | 2 346.22 |
| Balance sheet total (assets) | 7 282.81 | 7 089.07 | 6 507.56 | 6 611.14 | 5 899.22 |
| Net debt | -1 060.10 | - 629.54 | - 387.96 | - 838.32 | - 479.68 |
| Profitability | |||||
| EBIT-% | |||||
| ROA | 1.6 % | -7.9 % | 1.7 % | 1.7 % | 1.6 % |
| ROE | 1.9 % | 34.1 % | 0.8 % | 0.8 % | 0.8 % |
| ROI | 2.0 % | 11.3 % | 1.7 % | 2.5 % | 4.3 % |
| Economic value added (EVA) | -50.50 | -37.93 | -92.03 | - 104.58 | -83.60 |
| Solvency | |||||
| Equity ratio | 22.3 % | 32.3 % | 35.5 % | 35.2 % | 39.8 % |
| Gearing | |||||
| Relative net indebtedness % | |||||
| Liquidity | |||||
| Quick ratio | 109.5 | 63.0 | 38.8 | 83.8 | 48.0 |
| Current ratio | 109.5 | 63.0 | 38.8 | 83.8 | 48.0 |
| Cash and cash equivalents | 1 060.10 | 629.54 | 387.96 | 838.32 | 479.68 |
| Capital use efficiency | |||||
| Trade debtors turnover (days) | |||||
| Net working capital % | |||||
| Credit risk | |||||
| Credit rating | A | A | A | A | BBB |
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