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HVALPSUND VODBINDERI ApS — Credit Rating and Financial Key Figures

CVR number: 82526811
Solbakken 3, Hvalpsund 9640 Farsø
tel: 98638188

Income statement (kDKK)

2021
2022
2023
2024
2025
Fiscal period length1212121212
Net sales
Gross profit593.22362.81832.44674.226 486.63
Employee benefit expenses- 145.50- 162.00- 162.00- 169.50- 154.06
Total depreciation- 476.32- 476.32- 476.32- 464.38- 441.78
EBIT-28.60- 275.51194.1240.355 890.79
Other financial income3 294.39476.761 450.242 330.61394.68
Other financial expenses- 115.08-2 858.55- 170.60- 168.59- 113.99
Net income from associates (fin.)-9 702.65
Pre-tax profit-6 551.94-2 657.311 473.752 202.376 171.48
Income taxes- 846.40631.53- 350.00- 485.76-1 361.73
Net earnings-7 398.35-2 025.781 123.751 716.604 809.76

Assets (kDKK)

2021
2022
2023
2024
2025
Intangible assets total
Land and waters8 599.988 123.667 647.347 182.979 765.26
Tangible assets total8 599.988 123.667 647.347 182.979 765.26
Investments total
Non-curr. owed by particip. interest comp.1 176.501 188.321 218.38
Non-current other receivables7 151.127 222.637 295.197 368.14
Long term receivables total1 176.508 339.448 441.017 295.197 368.14
Inventories total
Current trade debtors301.25315.18315.61315.7014.89
Current other receivables6.92219.49509.05741.44757.22
Current deferred tax assets83.50107.64627.34543.10
Short term receivables total391.67642.311 452.001 600.24772.10
Other current investments38 772.6718 540.8018 931.9021 136.6719 363.12
Cash and bank deposits1 074.1249.71811.7888.433 912.95
Cash and cash equivalents39 846.7818 590.5119 743.6821 225.1023 276.07
Balance sheet total (assets)50 014.9435 695.9237 284.0337 303.4941 181.58

Equity and liabilities (kDKK)

2021
2022
2023
2024
2025
Share capital2 000.002 000.002 000.002 000.002 000.00
Asset revaluation reserve1 867.791 684.351 500.901 317.46
Shares repurchased300.001 000.00600.001 600.002 000.00
Retained earnings37 719.3629 504.4627 062.1226 769.3127 803.37
Profit of the financial year-7 398.35-2 025.781 123.751 716.604 809.76
Shareholders equity total34 488.8032 163.0232 286.7733 403.3736 613.13
Provisions858.00226.00553.00498.001 089.00
Non-current loans from credit institutions1 926.801 820.121 711.761 603.131 493.72
Non-current other liabilities37.0037.0037.0027.0043.20
Non-current deferred tax liabilities646.24450.90690.01
Non-current liabilities total2 610.031 857.121 748.762 081.032 226.93
Current loans from credit institutions2 023.531 220.652 149.00763.57110.30
Current trade creditors40.0035.0030.0026.0025.00
Current owed to participating121.9673.47415.94350.06396.81
Short-term deferred tax liabilities19.32
Other non-interest bearing current liabilities9 872.62111.57100.56181.47701.10
Accruals and deferred income9.10
Current liabilities total12 058.111 449.792 695.501 321.091 252.52
Balance sheet total (liabilities)50 014.9435 695.9237 284.0337 303.4941 181.58
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