HVIDESANDEBIKE.DK ApS — Credit Rating and Financial Key Figures

CVR number: 35849017
Fyrvej 10, 6960 Hvide Sande

Credit rating

Company information

Official name
HVIDESANDEBIKE.DK ApS
Established
2014
Company form
Private limited company
Industry
  • Expand more icon77Rental and leasing activities

About HVIDESANDEBIKE.DK ApS

HVIDESANDEBIKE.DK ApS (CVR number: 35849017) is a company from RINGKØBING-SKJERN. The company recorded a gross profit of 898.3 kDKK in 2024. The operating profit was 381.7 kDKK, while net earnings were 281.3 kDKK. The profitability of the company measured by Return on Assets (ROA) was 11.9 %, which can be considered good but Return on Equity (ROE) was 24 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 27 %, 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. HVIDESANDEBIKE.DK ApS's liquidity measured by quick ratio was 0.7 which is at a low level. Thus, the company may face difficulties in addressing its short-term obligations with its available liquid assets.

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 profit563.78699.55782.67886.78898.33
EBIT213.80301.25363.84320.02381.74
Net earnings165.27188.93220.03177.82281.29
Shareholders equity total444.99633.91853.941 031.771 313.06
Balance sheet total (assets)1 221.004 059.603 947.964 414.864 855.72
Net debt- 531.191 285.421 534.291 932.28964.91
Profitability
EBIT-%
ROA20.4 %11.4 %9.1 %7.7 %11.9 %
ROE45.6 %35.0 %29.6 %18.9 %24.0 %
ROI47.4 %16.7 %11.6 %9.5 %15.9 %
Economic value added (EVA)170.64239.36187.39136.26157.95
Solvency
Equity ratio36.4 %15.6 %21.6 %23.4 %27.0 %
Gearing370.3 %261.2 %225.8 %152.8 %
Relative net indebtedness %
Liquidity
Quick ratio0.91.10.80.30.7
Current ratio0.91.10.80.30.7
Cash and cash equivalents531.191 061.64696.45397.421 040.93
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBAAAA

Variable visualization

ROA:11.9%
Rating: 61/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:27.0%
Rating: 24/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Companies in the same industry

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