Hedemarken 18 ApS — Credit Rating and Financial Key Figures

CVR number: 33389035
Hedemarken 18, Dal 7200 Grindsted

Company information

Official name
Hedemarken 18 ApS
Established
2011
Domicile
Dal
Company form
Private limited company
Industry

About Hedemarken 18 ApS

Hedemarken 18 ApS (CVR number: 33389035) is a company from BILLUND. The company recorded a gross profit of -14.6 kDKK in 2023. The operating profit was -14.6 kDKK, while net earnings were -14.6 kDKK. The profitability of the company measured by Return on Assets (ROA) was -1.1 %, which can be considered poor and Return on Equity (ROE) was -578.7 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at -98.4 %. This indicates that the company's debt surpasses the value of its total assets, posing significant financial risk. Hedemarken 18 ApS's liquidity measured by quick ratio was 0 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 profit211.60-3.04-13.67-17.45-14.56
EBIT211.12-3.04-13.67-17.45-14.56
Net earnings163.01-92.70-19.84-22.57-14.56
Shareholders equity total-2 587.88-2 680.58-2 700.42-2 722.99-45.92
Balance sheet total (assets)289.1723.0610.954.260.77
Net debt2 628.292 625.102 640.032 661.97-0.77
Profitability
EBIT-%
ROA7.1 %-0.1 %-0.5 %-0.6 %-1.1 %
ROE53.2 %-59.4 %-116.6 %-296.6 %-578.7 %
ROI7.3 %-0.1 %-0.5 %-0.7 %-1.1 %
Economic value added (EVA)309.85134.93116.51118.65122.36
Solvency
Equity ratio-89.9 %-99.1 %-99.6 %-99.8 %-98.4 %
Gearing-107.7 %-98.4 %-98.1 %-97.8 %
Relative net indebtedness %
Liquidity
Quick ratio0.10.00.00.00.0
Current ratio0.10.00.00.00.0
Cash and cash equivalents157.7312.958.031.960.77
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBBB

Variable visualization

ROA:-1.05%
Rating: 19/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:-98.4%
Rating: 0/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer

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