HVRJ Holding ApS — Credit Rating and Financial Key Figures

CVR number: 37524018
Kystparken 105, 6710 Esbjerg V

Company information

Official name
HVRJ Holding ApS
Established
2016
Company form
Private limited company
Industry

About HVRJ Holding ApS

HVRJ Holding ApS (CVR number: 37524018) is a company from ESBJERG. The company reported a net sales of 7.5 mDKK in 2023, demonstrating a decline of -54.5 % compared to the previous year. The operating profit percentage was at 102.3 % (EBIT: 7.7 mDKK), while net earnings were 7580.8 kDKK. The profitability of the company measured by Return on Assets (ROA) was 17.4 %, which can be considered excellent and Return on Equity (ROE) was 20.2 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 73.5 %, 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. HVRJ Holding ApS's liquidity measured by quick ratio was 2.1 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

Net sales (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2019
2020
2021
2022
2023
Volume
Net sales6 962.007 904.002 966.0016 480.327 501.61
Gross profit6 972.007 970.003 037.0016 426.227 676.99
EBIT6 934.007 888.002 790.0016 426.227 676.99
Net earnings7 050.007 899.002 635.0015 927.227 580.76
Shareholders equity total21 332.0029 119.0017 942.0033 768.9241 349.69
Balance sheet total (assets)23 345.0030 816.0033 543.0048 193.5456 222.82
Net debt1 143.00-4 930.0012 561.005 143.0913 075.54
Profitability
EBIT-%99.6 %99.8 %94.1 %99.7 %102.3 %
ROA37.3 %29.5 %9.1 %40.3 %17.4 %
ROE39.5 %31.3 %11.2 %61.6 %20.2 %
ROI38.2 %29.9 %9.1 %40.4 %17.5 %
Economic value added (EVA)7 308.588 527.223 758.5316 595.588 400.02
Solvency
Equity ratio91.4 %94.5 %53.5 %70.1 %73.5 %
Gearing6.8 %5.3 %86.2 %42.7 %35.7 %
Relative net indebtedness %24.3 %-60.5 %428.0 %31.3 %175.7 %
Liquidity
Quick ratio7.150.51.11.92.1
Current ratio7.150.51.11.92.1
Cash and cash equivalents318.006 476.002 906.009 261.571 691.85
Capital use efficiency
Trade debtors turnover (days)
Net working capital %48.5 %94.6 %64.4 %80.3 %217.5 %
Credit risk
Credit ratingAAAAAAAAA

Variable visualization

ROA:17.4%
Rating: 70/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:73.5%
Rating: 55/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

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