FORLAGET HEDWIG ApS — Credit Rating and Financial Key Figures

CVR number: 28974477
Kragsbjergvej 22, 5000 Odense C
mellemgaard.forlaget@mellemgaard.dk
tel: 74622120

Credit rating

Company information

Official name
FORLAGET HEDWIG ApS
Personnel
10 persons
Established
2005
Company form
Private limited company
Industry

About FORLAGET HEDWIG ApS

FORLAGET HEDWIG ApS (CVR number: 28974477) is a company from ODENSE. The company recorded a gross profit of 1994.6 kDKK in 2023. The operating profit was 39.6 kDKK, while net earnings were 35.3 kDKK. The profitability of the company measured by Return on Assets (ROA) was 2 %, which can be considered weak but Return on Equity (ROE) was 8.8 %, which can be considered good. The equity ratio, a key indicator for solidity, stood at 27.1 %, 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. FORLAGET HEDWIG ApS's liquidity measured by quick ratio was 2 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 profit2 444.011 943.851 342.212 241.331 994.60
EBIT640.95363.01- 756.52340.0039.65
Net earnings494.31278.52- 685.85245.9535.26
Shareholders equity total1 196.271 324.78138.94384.89420.15
Balance sheet total (assets)3 721.794 321.723 098.142 876.032 563.84
Net debt-1 554.74-2 095.02-1 505.81-1 622.34-1 387.78
Profitability
EBIT-%
ROA19.2 %9.1 %-20.4 %11.6 %2.0 %
ROE52.1 %22.1 %-93.7 %93.9 %8.8 %
ROI67.0 %28.4 %-99.4 %123.1 %12.3 %
Economic value added (EVA)520.90301.97- 593.69333.0395.46
Solvency
Equity ratio45.1 %40.7 %8.4 %23.3 %27.1 %
Gearing0.9 %2.8 %11.1 %5.7 %10.2 %
Relative net indebtedness %
Liquidity
Quick ratio2.01.81.82.12.0
Current ratio1.51.41.01.11.2
Cash and cash equivalents1 566.032 132.241 521.261 644.331 430.45
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingAABBBBBBBB

Variable visualization

ROA:1.96%
Rating: 30/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:27.1%
Rating: 24/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer

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