B. Hangaard Holding ApS — Credit Rating and Financial Key Figures

CVR number: 40340351
Hanstholmvej 40, 7700 Thisted

Company information

Official name
B. Hangaard Holding ApS
Established
2019
Company form
Private limited company
Industry

About B. Hangaard Holding ApS

B. Hangaard Holding ApS (CVR number: 40340351) is a company from THISTED. The company recorded a gross profit of -2.2 kDKK in 2023. The operating profit was -2.2 kDKK, while net earnings were 635 kDKK. The profitability of the company measured by Return on Assets (ROA) was 4.7 %, which can be considered decent but Return on Equity (ROE) was 3.4 %, which can be considered weak. The equity ratio, a key indicator for solidity, stood at 99.9 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. B. Hangaard Holding ApS's liquidity measured by quick ratio was 2120.1 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-3.75-4.95-6.00-7.20-2.20
EBIT-3.75-4.95-6.00-7.20-2.20
Net earnings1 266.001 631.212 962.731 793.69634.97
Shareholders equity total12 040.7313 641.9416 589.6718 358.3518 993.32
Balance sheet total (assets)12 393.5814 096.9017 444.6219 059.7219 008.92
Net debt-1 828.90-3 889.97-3 058.47-4 305.24
Profitability
EBIT-%
ROA10.9 %13.0 %23.0 %11.5 %4.7 %
ROE11.1 %12.7 %19.6 %10.3 %3.4 %
ROI11.2 %13.5 %23.6 %11.7 %4.8 %
Economic value added (EVA)460.91445.39- 119.8873.94-85.90
Solvency
Equity ratio97.2 %96.8 %95.1 %96.3 %99.9 %
Gearing2.6 %1.3 %
Relative net indebtedness %
Liquidity
Quick ratio500.8173.311.722.62 120.1
Current ratio500.8173.311.722.62 120.1
Cash and cash equivalents1 828.904 317.743 289.044 305.24
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingAAAAA

Variable visualization

ROA:4.74%
Rating: 42/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:99.9%
Rating: 99/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer

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