FONDEN HVIDE SANDE ERHVERVSUDVIKLING — Credit Rating and Financial Key Figures

CVR number: 32322239
Nørregade 2 B, 6960 Hvide Sande

Credit rating

Company information

Official name
FONDEN HVIDE SANDE ERHVERVSUDVIKLING
Established
2011
Industry

About FONDEN HVIDE SANDE ERHVERVSUDVIKLING

FONDEN HVIDE SANDE ERHVERVSUDVIKLING (CVR number: 32322239) is a company from RINGKØBING-SKJERN. The company recorded a gross profit of -16.1 kDKK in 2024. The operating profit was -16.1 kDKK, while net earnings were 146.1 kDKK. The profitability of the company measured by Return on Assets (ROA) was 10.2 %, which can be considered good and Return on Equity (ROE) was 10.3 %, which can be considered good. The equity ratio, a key indicator for solidity, stood at 98.9 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. FONDEN HVIDE SANDE ERHVERVSUDVIKLING's liquidity measured by quick ratio was 22.1 which is at a very high level. Thus, the company demonstrates exceptional financial stability, possessing a significant surplus of liquid assets over its short-term liabilities.

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 profit-94.94-23.93-19.33-19.22-16.13
EBIT-94.94-23.93-19.33-19.22-16.13
Net earnings-97.56-26.09-20.79-19.07146.13
Shareholders equity total1 408.131 382.031 361.241 342.171 488.30
Balance sheet total (assets)1 428.131 402.031 381.241 362.171 505.30
Net debt- 288.00- 272.03- 251.24- 232.17- 213.59
Profitability
EBIT-%
ROA-6.2 %-1.7 %-1.4 %-1.4 %10.2 %
ROE-6.7 %-1.9 %-1.5 %-1.4 %10.3 %
ROI-6.5 %-1.7 %-1.4 %-1.4 %10.3 %
Economic value added (EVA)-89.42-23.43-18.32-18.21-15.12
Solvency
Equity ratio98.6 %98.6 %98.6 %98.5 %98.9 %
Gearing
Relative net indebtedness %
Liquidity
Quick ratio14.913.612.611.622.1
Current ratio14.913.612.611.622.1
Cash and cash equivalents288.00272.03251.24232.17213.59
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBBBBBBBB

Variable visualization

ROA:10.2%
Rating: 58/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:98.9%
Rating: 83/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chairman of the board
Board member
Board member
Board member
Board member

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