HASSELSTRØM HOLDING ApS — Credit Rating and Financial Key Figures

CVR number: 27648827
Østvænget 32, 7480 Vildbjerg

Credit rating

Company information

Official name
HASSELSTRØM HOLDING ApS
Established
2004
Company form
Private limited company
Industry

About HASSELSTRØM HOLDING ApS

HASSELSTRØM HOLDING ApS (CVR number: 27648827) is a company from HERNING. The company recorded a gross profit of 87.2 kDKK in 2023. The operating profit was 24.3 kDKK, while net earnings were -18 kDKK. The profitability of the company measured by Return on Assets (ROA) was 0.6 %, which can be considered weak but Return on Equity (ROE) was -0.8 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 54.3 %, a level that can be considered to be modest. This means a balanced mix of debt and equity financing its assets—a typical operational level for many companies. HASSELSTRØM 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
2019
2020
2021
2022
2023
Volume
Net sales
Gross profit47.2994.2999.1415.7887.16
EBIT24.2867.45111.37-32.7824.27
Net earnings-35.82128.71149.80-50.88-18.03
Shareholders equity total2 390.652 408.762 445.562 282.152 146.32
Balance sheet total (assets)3 711.803 769.604 047.944 061.033 952.52
Net debt1 092.011 193.091 414.241 151.371 168.60
Profitability
EBIT-%
ROA2.3 %3.7 %5.0 %-1.2 %0.6 %
ROE-1.5 %5.4 %6.2 %-2.2 %-0.8 %
ROI2.4 %3.7 %5.1 %-1.3 %0.7 %
Economic value added (EVA)- 155.82-93.66-92.56- 179.50- 122.30
Solvency
Equity ratio64.4 %63.9 %60.4 %56.2 %54.3 %
Gearing51.4 %54.6 %62.2 %60.2 %62.2 %
Relative net indebtedness %
Liquidity
Quick ratio1.50.80.40.40.2
Current ratio1.50.80.40.40.2
Cash and cash equivalents136.87122.29107.14221.61166.84
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBBBBBBBB

Variable visualization

ROA:0.62%
Rating: 23/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:54.3%
Rating: 43/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer

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