CHR. ANDERSEN HVIDEVARER A/S — Credit Rating and Financial Key Figures

CVR number: 31782376
Lyngbyvej 60, 2100 København Ø
tel: 39201811

Credit rating

Company information

Official name
CHR. ANDERSEN HVIDEVARER A/S
Established
2008
Company form
Limited company
Industry

About CHR. ANDERSEN HVIDEVARER A/S

CHR. ANDERSEN HVIDEVARER A/S (CVR number: 31782376) is a company from KØBENHAVN. The company recorded a gross profit of 301.5 kDKK in 2023. The operating profit was -249.9 kDKK, while net earnings were -280.1 kDKK. The profitability of the company measured by Return on Assets (ROA) was -35.1 %, which can be considered poor and Return on Equity (ROE) was -183.8 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 28 %, 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. CHR. ANDERSEN HVIDEVARER A/S'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 profit554.17340.50542.95163.73301.48
EBIT51.46- 213.08-16.29- 394.43- 249.85
Net earnings13.41- 187.80-32.08- 417.23- 280.08
Shareholders equity total429.52241.72209.6492.42212.33
Balance sheet total (assets)1 140.45938.99994.41665.56758.27
Net debt162.60468.87624.69447.43520.19
Profitability
EBIT-%
ROA3.9 %-20.5 %-1.7 %-47.5 %-35.1 %
ROE6.0 %-56.0 %-14.2 %-276.3 %-183.8 %
ROI5.0 %-27.6 %-2.0 %-54.7 %-37.9 %
Economic value added (EVA)43.64- 175.62-23.98- 411.99- 253.40
Solvency
Equity ratio37.7 %25.7 %21.1 %13.9 %28.0 %
Gearing90.4 %199.7 %319.8 %507.7 %257.1 %
Relative net indebtedness %
Liquidity
Quick ratio0.40.10.20.10.2
Current ratio1.51.21.21.01.3
Cash and cash equivalents225.8313.7345.8421.7925.75
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBBBBBBBB

Variable visualization

ROA:-35.1%
Rating: 0/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:28.0%
Rating: 25/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

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