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HC Midtjylland af 2018 ApS — Credit Rating and Financial Key Figures

CVR number: 39706709
Holingknuden 3, 7400 Herning
hcm@hcmidtjylland.dk
tel: 25399680
www.hcmidtjylland.dk
Free credit report Annual report

Company information

Official name
HC Midtjylland af 2018 ApS
Personnel
23 persons
Established
2018
Company form
Private limited company
Industry

About HC Midtjylland af 2018 ApS

HC Midtjylland af 2018 ApS (CVR number: 39706709) is a company from HERNING. The company recorded a gross profit of 4484 kDKK in 2024. The operating profit was 339.8 kDKK, while net earnings were 244.4 kDKK. The profitability of the company measured by Return on Assets (ROA) was 15.3 %, which can be considered excellent and Return on Equity (ROE) was 50 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 11.3 %, 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. HC Midtjylland af 2018 ApS's liquidity measured by quick ratio was 1.3 which is at a high level. Thus, the company is in a strong financial position, with liquid assets surpassing current liabilities. It is well-prepared to cover short-term financial obligations.

Financial information

See financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2020
2021
2022
2023
2024
Volume
Net sales4 144.05
Gross profit2 963.984 277.733 960.093 151.514 484.03
EBIT61.14944.81- 607.82-1 228.61339.82
Net earnings35.41-69.13-1 199.42-1 636.96244.45
Shareholders equity total578.06508.93- 690.49-2 202.4592.00
Balance sheet total (assets)2 419.553 040.141 977.97885.431 056.52
Net debt- 315.46- 327.69- 562.36-46.09- 420.00
Profitability
EBIT-%1.5 %
ROA3.0 %34.6 %-39.7 %-63.5 %15.3 %
ROE6.3 %-12.7 %-96.5 %-114.3 %50.0 %
ROI8.0 %123.7 %-309.5 %-1970.3 %228.7 %
Economic value added (EVA)18.22641.77- 633.39- 918.43441.17
Solvency
Equity ratio23.9 %16.7 %-25.9 %-90.8 %11.3 %
Gearing
Relative net indebtedness %36.8 %
Liquidity
Quick ratio1.51.30.70.31.3
Current ratio1.51.30.70.31.1
Cash and cash equivalents315.46327.69562.3646.09420.00
Capital use efficiency
Trade debtors turnover (days)123.0
Net working capital %18.0 %
Credit risk
Credit ratingBBBBBCCBB

Variable visualization

ROA:15.3%
Rating: 67/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:11.3%
Rating: 11/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Board member
Chairman of the board

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