Finn Jensen Halvrimmen Holding ApS — Credit Rating and Financial Key Figures

CVR number: 41197838
Aalborgvej 38, Halvrimmen 9460 Brovst

Company information

Official name
Finn Jensen Halvrimmen Holding ApS
Established
2019
Domicile
Halvrimmen
Company form
Private limited company
Industry

About Finn Jensen Halvrimmen Holding ApS

Finn Jensen Halvrimmen Holding ApS (CVR number: 41197838) is a company from JAMMERBUGT. The company reported a net sales of 0.1 mDKK in 2023, demonstrating a decline of -79.1 % compared to the previous year. The operating profit percentage was at 119 % (EBIT: 0.1 mDKK), while net earnings were 101.2 kDKK. The profitability of the company measured by Return on Assets (ROA) was 4 %, which can be considered decent but Return on Equity (ROE) was 3.7 %, which can be considered weak. The equity ratio, a key indicator for solidity, stood at 77.5 %, a level that can be considered to be good. This shows that a large part of the company's assets are funded by shareholders' equity, reducing financial risk. Finn Jensen Halvrimmen Holding ApS's liquidity measured by quick ratio was 0.3 which is at a very low level. Thus, the company is in an unstable financial position, with its liquid assets significantly undermatching its current liabilities. This severe liquidity deficiency may lead to financial distress and threaten the company's operational continuity.

Financial information

See financials

Net sales (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2020
2021
2022
2023
Volume
Net sales322.29- 291.05507.75106.36
Gross profit317.29- 301.53517.79158.36
EBIT317.29- 301.53483.25126.54
Net earnings322.98- 291.38817.33101.18
Shareholders equity total2 272.981 868.602 685.932 787.11
Balance sheet total (assets)2 278.151 873.603 097.573 595.93
Net debt-1.26198.50803.71
Profitability
EBIT-%98.4 %95.2 %119.0 %
ROA14.2 %-14.0 %35.7 %4.0 %
ROE14.2 %-14.1 %35.9 %3.7 %
ROI14.2 %-14.1 %37.3 %4.2 %
Economic value added (EVA)317.12- 310.49439.7817.36
Solvency
Equity ratio99.8 %99.7 %86.7 %77.5 %
Gearing7.4 %28.8 %
Relative net indebtedness %1.6 %-1.3 %81.1 %760.5 %
Liquidity
Quick ratio49.453.50.50.3
Current ratio49.453.50.50.3
Cash and cash equivalents1.26
Capital use efficiency
Trade debtors turnover (days)
Net working capital %77.8 %-90.1 %-41.8 %-546.0 %
Credit risk
Credit ratingBBBBBBAA

Variable visualization

ROA:4.03%
Rating: 40/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:77.5%
Rating: 58/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer

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