Hvidager ApS — Credit Rating and Financial Key Figures

CVR number: 39587696
Lundgårdvej 4 B, Rettrup 7860 Spøttrup

Company information

Official name
Hvidager ApS
Established
2018
Domicile
Rettrup
Company form
Private limited company
Industry

About Hvidager ApS

Hvidager ApS (CVR number: 39587696) is a company from SKIVE. The company recorded a gross profit of 139.6 kDKK in 2023. The operating profit was 92.6 kDKK, while net earnings were 55.9 kDKK. The profitability of the company measured by Return on Assets (ROA) was 4.2 %, which can be considered decent and Return on Equity (ROE) was 5.8 %, which can be considered decent. The equity ratio, a key indicator for solidity, stood at 45.1 %, a level that can be considered to be modest. This means a balanced mix of debt and equity financing its assets—a typical operational level for many companies. Hvidager ApS's liquidity measured by quick ratio was 2.8 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
2019
2020
2021
2022
2023
Volume
Net sales
Gross profit218.42217.95163.25221.05139.64
EBIT187.54178.99116.22174.0192.60
Net earnings98.46102.8774.97124.5955.88
Shareholders equity total1 138.091 240.97815.94940.53996.42
Balance sheet total (assets)1 973.402 567.102 121.522 198.202 207.23
Net debt629.331 024.73983.61972.36922.08
Profitability
EBIT-%
ROA9.5 %8.2 %5.1 %8.4 %4.2 %
ROE9.0 %8.6 %7.3 %14.2 %5.8 %
ROI9.7 %8.3 %5.3 %8.8 %4.4 %
Economic value added (EVA)62.1853.96-19.5748.15-21.12
Solvency
Equity ratio57.7 %48.3 %38.5 %42.8 %45.1 %
Gearing58.7 %91.7 %128.6 %105.7 %94.2 %
Relative net indebtedness %
Liquidity
Quick ratio1.45.91.72.52.8
Current ratio1.45.91.72.52.8
Cash and cash equivalents39.19113.8465.3521.7816.92
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBAAAA

Variable visualization

ROA:4.20%
Rating: 41/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:45.1%
Rating: 37/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer

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