HADSTEN FARVEHANDEL ApS — Credit Rating and Financial Key Figures

CVR number: 31583500
Nørregade 5, 8370 Hadsten
tel: 86980126
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Credit rating

Company information

Official name
HADSTEN FARVEHANDEL ApS
Personnel
3 persons
Established
2008
Company form
Private limited company
Industry

About HADSTEN FARVEHANDEL ApS

HADSTEN FARVEHANDEL ApS (CVR number: 31583500) is a company from FAVRSKOV. The company recorded a gross profit of 1143.6 kDKK in 2024. The operating profit was 111.6 kDKK, while net earnings were 39.1 kDKK. The profitability of the company measured by Return on Assets (ROA) was 4.2 %, which can be considered decent but Return on Equity (ROE) was 3.6 %, which can be considered weak. The equity ratio, a key indicator for solidity, stood at 37.1 %, a level that can be considered to be low. This means a higher proportion of debt in its capital structure, indicating a greater reliance on borrowed funds. HADSTEN FARVEHANDEL ApS's liquidity measured by quick ratio was 0.1 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 profit1 375.811 461.311 092.001 176.001 143.56
EBIT115.12130.75-72.0028.00111.57
Net earnings67.4673.23-88.00-13.0039.13
Shareholders equity total1 431.311 404.541 216.001 103.001 042.47
Balance sheet total (assets)2 869.062 721.532 574.002 680.002 808.11
Net debt124.70420.35854.00945.001 235.42
Profitability
EBIT-%
ROA4.3 %4.7 %-2.7 %1.1 %4.2 %
ROE4.7 %5.2 %-6.7 %-1.1 %3.6 %
ROI5.9 %6.7 %-3.5 %1.3 %4.9 %
Economic value added (EVA)-7.088.21- 155.69-83.76-23.28
Solvency
Equity ratio49.9 %51.6 %47.2 %41.2 %37.1 %
Gearing30.3 %41.0 %72.1 %98.9 %134.8 %
Relative net indebtedness %
Liquidity
Quick ratio0.40.20.10.10.1
Current ratio2.12.01.91.71.6
Cash and cash equivalents308.44156.1423.00146.00169.42
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBBBBBBBB

Variable visualization

ROA:4.16%
Rating: 40/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:37.1%
Rating: 31/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

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