HEGELUND MOTORSPORT ApS — Credit Rating and Financial Key Figures

CVR number: 36546298
Søndergade 57, 8370 Hadsten
pc@ehjrental.dk
tel: 30927736

Credit rating

Company information

Official name
HEGELUND MOTORSPORT ApS
Established
2015
Company form
Private limited company
Industry

About HEGELUND MOTORSPORT ApS

HEGELUND MOTORSPORT ApS (CVR number: 36546298) is a company from FAVRSKOV. The company recorded a gross profit of -179.7 kDKK in 2024. The operating profit was -308 kDKK, while net earnings were -830.2 kDKK. The profitability of the company measured by Return on Assets (ROA) was -1.6 %, which can be considered poor and Return on Equity (ROE) was -5.7 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at -0.3 %. This indicates that the company's debt surpasses the value of its total assets, posing significant financial risk. HEGELUND MOTORSPORT 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
2020
2021
2022
2023
2024
Volume
Net sales
Gross profit31.15153.79680.13298.56- 179.66
EBIT31.15153.79453.52198.97- 308.04
Net earnings13.98124.26345.9475.83- 830.22
Shareholders equity total186.89311.15657.08732.91-97.31
Balance sheet total (assets)605.99653.708 165.299 773.0028 322.31
Net debt277.13173.49722.891 590.6423 947.08
Profitability
EBIT-%
ROA4.6 %27.1 %10.3 %2.2 %-1.6 %
ROE7.8 %49.9 %71.5 %10.9 %-5.7 %
ROI5.3 %31.8 %37.8 %8.0 %-2.0 %
Economic value added (EVA)-11.4096.51323.3164.50- 411.00
Solvency
Equity ratio30.8 %47.6 %8.0 %7.5 %-0.3 %
Gearing149.7 %94.7 %118.4 %233.7 %-27449.4 %
Relative net indebtedness %
Liquidity
Quick ratio1.52.00.10.20.2
Current ratio1.52.00.10.20.2
Cash and cash equivalents2.59121.0254.94121.992 763.70
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBBBBBB

Variable visualization

ROA:-1.61%
Rating: 18/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:-0.34%
Rating: 1/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

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