HIMMERLAND EJENDOMSINVEST-II ApS — Credit Rating and Financial Key Figures

CVR number: 30690923
Himmerlandsgade 110 A, 9600 Aars

Company information

Official name
HIMMERLAND EJENDOMSINVEST-II ApS
Established
2007
Company form
Private limited company
Industry

About HIMMERLAND EJENDOMSINVEST-II ApS

HIMMERLAND EJENDOMSINVEST-II ApS (CVR number: 30690923) is a company from VESTHIMMERLANDS. The company recorded a gross profit of 794.2 kDKK in 2023. The operating profit was 710.2 kDKK, while net earnings were 1621.4 kDKK. The profitability of the company measured by Return on Assets (ROA) was 19.7 %, which can be considered excellent and Return on Equity (ROE) was 20.3 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 74.8 %, 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. HIMMERLAND EJENDOMSINVEST-II 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 profit314.46-14.49681.66720.07794.16
EBIT264.46-64.49606.66635.07710.16
Net earnings206.74-50.91474.18480.821 621.36
Shareholders equity total6 273.736 222.816 696.997 177.818 799.18
Balance sheet total (assets)8 638.3310 378.9510 239.4010 121.2811 759.66
Net debt1 200.053 504.092 863.802 392.981 889.93
Profitability
EBIT-%
ROA3.1 %-0.7 %5.9 %6.2 %19.7 %
ROE3.4 %-0.8 %7.3 %6.9 %20.3 %
ROI3.2 %-0.7 %5.9 %6.3 %19.9 %
Economic value added (EVA)- 202.97- 475.85-45.92-11.8652.15
Solvency
Equity ratio72.6 %60.0 %65.4 %70.9 %74.8 %
Gearing30.9 %62.0 %46.3 %35.0 %25.1 %
Relative net indebtedness %
Liquidity
Quick ratio0.40.10.10.00.1
Current ratio0.40.10.10.00.1
Cash and cash equivalents738.33351.89239.40121.28319.66
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingABBBAAA

Variable visualization

ROA:19.7%
Rating: 73/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:74.8%
Rating: 56/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer

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