Huset Venture Midtjylland — Credit Rating and Financial Key Figures

CVR number: 24992330
Skanderborgvej 277, 8260 Viby J
larsb@husetventure.dk
tel: 86283563

Credit rating

Company information

Official name
Huset Venture Midtjylland
Personnel
86 persons
Established
1999
Industry

About Huset Venture Midtjylland

Huset Venture Midtjylland (CVR number: 24992330) is a company from AARHUS. The company recorded a gross profit of 19.3 mDKK in 2023. The operating profit was 367 kDKK, while net earnings were 313 kDKK. The profitability of the company measured by Return on Assets (ROA) was 6.3 %, which can be considered decent but Return on Equity (ROE) was 15.8 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 33.9 %, 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. Huset Venture Midtjylland's liquidity measured by quick ratio was 1.3 which is at a high level. Thus, the company is in a strong financial position, with liquid assets surpassing current liabilities. It is well-prepared to cover short-term financial obligations.

Financial information

See financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2019
2020
2021
2022
2023
Volume
Net sales7 869.00
Gross profit10 089.0010 148.0022 157.0019 817.0019 273.00
EBIT998.001 070.00212.00- 488.00367.00
Net earnings945.001 027.00157.00- 549.00313.00
Shareholders equity total1 194.002 221.002 378.001 829.002 141.00
Balance sheet total (assets)4 601.007 608.005 925.005 276.006 309.00
Net debt1 028.00-3 348.00- 912.00-1 439.00-2 537.00
Profitability
EBIT-%2.7 %
ROA23.4 %17.5 %3.1 %-8.7 %6.3 %
ROE131.0 %60.1 %6.8 %-26.1 %15.8 %
ROI38.3 %41.2 %9.2 %-23.2 %18.5 %
Economic value added (EVA)885.49957.19100.39- 607.49275.09
Solvency
Equity ratio26.0 %29.2 %40.1 %34.7 %33.9 %
Gearing88.0 %
Relative net indebtedness %33.5 %
Liquidity
Quick ratio1.41.21.41.31.3
Current ratio1.41.31.41.31.4
Cash and cash equivalents23.003 348.00912.001 439.002 537.00
Capital use efficiency
Trade debtors turnover (days)72.4
Net working capital %18.0 %
Credit risk
Credit ratingBBBBBBBBBBBBBB

Variable visualization

ROA:6.34%
Rating: 47/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:33.9%
Rating: 29/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

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