KIM HJORTH ApS — Credit Rating and Financial Key Figures

CVR number: 17900307
Skolegade 24, 4800 Nykøbing F

Company information

Official name
KIM HJORTH ApS
Established
1994
Company form
Private limited company
Industry

About KIM HJORTH ApS

KIM HJORTH ApS (CVR number: 17900307) is a company from GULDBORGSUND. The company recorded a gross profit of -24.3 kDKK in 2023. The operating profit was -24.3 kDKK, while net earnings were -1.9 kDKK. The profitability of the company measured by Return on Assets (ROA) was 5 %, which can be considered decent but Return on Equity (ROE) was -3.6 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 3.9 %, 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. KIM HJORTH ApS's liquidity measured by quick ratio was 1 which is at a modest level. Thus, the company's liquid assets are in relative balance with its short-term liabilities, indicating a moderate liquidity position. While it's likely to meet its current obligations, financial flexibility may be constrained, and unexpected costs could pose challenges.

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 profit-21.99-19.44-22.47-23.21-24.25
EBIT-21.99-19.44-22.47-23.21-24.25
Net earnings38.92-61.7119.96- 153.17-1.95
Shareholders equity total249.76188.05208.0254.8452.90
Balance sheet total (assets)1 344.441 320.561 410.241 327.991 342.19
Net debt- 265.83- 208.35- 229.98-23.18-69.01
Profitability
EBIT-%
ROA7.7 %0.5 %7.2 %1.3 %5.0 %
ROE16.9 %-28.2 %10.1 %-116.5 %-3.6 %
ROI7.8 %0.5 %7.3 %1.3 %5.0 %
Economic value added (EVA)29.9639.6439.3642.3144.14
Solvency
Equity ratio18.6 %14.2 %14.8 %4.1 %3.9 %
Gearing430.2 %591.4 %567.4 %2284.4 %2399.0 %
Relative net indebtedness %
Liquidity
Quick ratio1.21.21.21.01.0
Current ratio1.21.21.21.01.0
Cash and cash equivalents1 340.201 320.561 410.241 276.021 337.99
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBBBBB

Variable visualization

ROA:4.96%
Rating: 43/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:3.94%
Rating: 4/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

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