HVOLGAARD ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About HVOLGAARD ApS
HVOLGAARD ApS (CVR number: 34729689) is a company from NÆSTVED. The company recorded a gross profit of 16.2 kDKK in 2024. The operating profit was 12.1 kDKK, while net earnings were -30.6 kDKK. The profitability of the company measured by Return on Assets (ROA) was 1.5 %, which can be considered weak but Return on Equity (ROE) was -1 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 64.4 %, a level that can be considered to be good. This shows that a large part of the company's assets are funded by shareholders' equity, reducing financial risk. HVOLGAARD ApS's liquidity measured by quick ratio was 1.2 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 financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2020 | 2021 | 2022 | 2023 | 2024 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | |||||
Gross profit | -3.21 | -5.69 | - 138.15 | 88.74 | 16.21 |
EBIT | -3.21 | 1 444.31 | - 138.95 | 85.54 | 12.13 |
Net earnings | -8.54 | 1 444.20 | 470.95 | 166.24 | -30.65 |
Shareholders equity total | 1 422.60 | 2 866.80 | 3 223.35 | 3 271.78 | 3 119.13 |
Balance sheet total (assets) | 1 900.04 | 3 256.15 | 3 638.15 | 4 730.80 | 4 843.41 |
Net debt | - 154.25 | -1 219.95 | - 499.59 | -1 712.02 | -1 501.61 |
Profitability | |||||
EBIT-% | |||||
ROA | -0.1 % | 56.4 % | 13.3 % | 6.1 % | 1.5 % |
ROE | -0.6 % | 67.3 % | 15.5 % | 5.1 % | -1.0 % |
ROI | -0.1 % | 62.4 % | 15.0 % | 7.8 % | 2.2 % |
Economic value added (EVA) | -75.13 | 1 350.07 | - 252.51 | -95.59 | - 156.45 |
Solvency | |||||
Equity ratio | 74.9 % | 88.0 % | 88.6 % | 69.2 % | 64.4 % |
Gearing | 26.0 % | 0.1 % | 1.1 % | 2.6 % | |
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 1.4 | 5.1 | 3.6 | 1.4 | 1.2 |
Current ratio | 1.4 | 5.1 | 3.6 | 1.4 | 1.2 |
Cash and cash equivalents | 523.70 | 1 219.95 | 503.08 | 1 747.48 | 1 582.65 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | BBB | BBB | BBB | BBB | BBB |
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