Suulut Hvide Sande ApS — Credit Rating and Financial Key Figures

CVR number: 37282502
Minervavej 49, 6960 Hvide Sande
haahr.mathiesen@gmail.com
tel: 40193109

Company information

Official name
Suulut Hvide Sande ApS
Established
2015
Company form
Private limited company
Industry

About Suulut Hvide Sande ApS

Suulut Hvide Sande ApS (CVR number: 37282502) is a company from RINGKØBING-SKJERN. The company recorded a gross profit of 0 kDKK in 2023. The operating profit was 0 kDKK, while net earnings were 164.3 kDKK. The profitability of the company measured by Return on Assets (ROA) was 3.5 %, which can be considered weak but Return on Equity (ROE) was 4.2 %, which can be considered decent. The equity ratio, a key indicator for solidity, stood at 73.8 %, 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. Suulut Hvide Sande 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
2019
2020
2021
2022
2023
Volume
Net sales
Gross profit-2.50-2.50-2.50
EBIT-2.50-2.50-2.500.60
Net earnings- 335.76477.84- 223.25191.02164.33
Shareholders equity total3 418.553 896.393 673.133 864.153 978.49
Balance sheet total (assets)5 508.026 034.145 833.275 672.875 390.62
Net debt1 679.70450.68818.281 210.591 322.29
Profitability
EBIT-%
ROA-6.1 %8.7 %-3.6 %3.6 %3.5 %
ROE-9.4 %13.1 %-5.9 %5.1 %4.2 %
ROI-6.2 %9.8 %-4.3 %3.8 %3.5 %
Economic value added (EVA)21.14104.81117.66122.29118.21
Solvency
Equity ratio62.1 %64.6 %63.0 %68.1 %73.8 %
Gearing61.1 %21.8 %45.0 %45.5 %34.9 %
Relative net indebtedness %
Liquidity
Quick ratio0.20.20.40.30.1
Current ratio0.20.20.40.30.1
Cash and cash equivalents407.77398.48834.37546.0964.70
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBAAAAA

Variable visualization

ROA:3.52%
Rating: 38/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:73.8%
Rating: 55/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer

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