Hjorth Holding ApS

CVR number: 36686448
Elisabeths Vænge 11, 8660 Skanderborg

Credit rating

Company information

Official name
Hjorth Holding ApS
Established
2015
Company form
Private limited company
Industry
  • Expand more icon64Financial service activities, except insurance and pension funding

About the company

Hjorth Holding ApS (CVR number: 36686448) is a company from SKANDERBORG. The company recorded a gross profit of -26.9 kDKK in 2022. The operating profit was -26.9 kDKK, while net earnings were 151.2 kDKK. The profitability of the company measured by Return on Assets (ROA) was 5.2 %, which can be considered decent but Return on Equity (ROE) was 18.9 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 17.7 %, a level that can be considered to be very low. This means the company is highly leveraged, with most assets financed through debt. This high level of financial risk could pose challenges in periods of financial distress or rising interest rates. Hjorth Holding ApS's liquidity measured by quick ratio was 0.2 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

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
20182019202020212022
Volume
Net sales
Gross profit-8.74-10.80-17.85-10.96-26.90
EBIT-8.74-10.80-17.85-10.96-26.90
Net earnings64.27- 767.18197.54636.94151.23
Shareholders equity total934.8159.63257.18781.12817.95
Balance sheet total (assets)5 211.054 356.796 165.625 887.624 611.27
Net debt3 176.942 872.582 041.353 084.683 667.47
Profitability
EBIT-%
ROA4.3 %15.1 %5.1 %15.2 %5.2 %
ROE6.7 %-154.3 %124.7 %122.7 %18.9 %
ROI4.7 %-19.2 %5.5 %20.9 %5.3 %
Economic value added (EVA)-21.40-48.11-1.88169.96210.73
Solvency
Equity ratio17.9 %1.4 %4.2 %13.3 %17.7 %
Gearing360.4 %5650.0 %842.4 %648.4 %454.8 %
Relative net indebtedness %
Liquidity
Quick ratio0.10.10.00.40.2
Current ratio0.10.10.00.40.2
Cash and cash equivalents192.42496.78125.101 980.3852.39
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBBBBB

Variable visualization

ROA:5.20%
Rating: 43/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:17.7%
Rating: 17/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer
Chief executive officer

Companies in the same industry

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