F. UHRENHOLT HANDEL ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About F. UHRENHOLT HANDEL ApS
F. UHRENHOLT HANDEL ApS (CVR number: 15084731) is a company from MIDDELFART. The company reported a net sales of 1.9 mDKK in 2023, demonstrating a decline of -12.2 % compared to the previous year. The operating profit percentage was poor at -0.5 % (EBIT: -0 mDKK), while net earnings were 5.6 kDKK. The profitability of the company measured by Return on Assets (ROA) was 2.4 %, which can be considered weak but Return on Equity (ROE) was 6.1 %, which can be considered decent. The equity ratio, a key indicator for solidity, stood at 25.6 %, 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. F. UHRENHOLT HANDEL ApS'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 financialsNet sales (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2019 | 2020 | 2021 | 2022 | 2023 | |
|---|---|---|---|---|---|
| Volume | |||||
| Net sales | 325.89 | 373.55 | 308.92 | 2 214.61 | 1 944.35 |
| Gross profit | -9.99 | -9.51 | -9.97 | -10.77 | -9.76 |
| EBIT | -9.99 | -9.51 | -9.97 | -10.77 | -9.76 |
| Net earnings | -7.79 | -10.27 | -7.15 | -8.40 | 5.60 |
| Shareholders equity total | 114.52 | 104.25 | 97.10 | 88.70 | 94.31 |
| Balance sheet total (assets) | 193.49 | 195.14 | 171.83 | 560.25 | 368.86 |
| Net debt | |||||
| Profitability | |||||
| EBIT-% | -3.1 % | -2.5 % | -3.2 % | -0.5 % | -0.5 % |
| ROA | -5.3 % | -4.9 % | -5.4 % | -2.9 % | 2.4 % |
| ROE | -6.6 % | -9.4 % | -7.1 % | -9.0 % | 6.1 % |
| ROI | -8.4 % | -8.7 % | -9.9 % | -11.6 % | 12.3 % |
| Economic value added (EVA) | -13.94 | -13.66 | -12.39 | -13.28 | -11.22 |
| Solvency | |||||
| Equity ratio | 59.2 % | 53.4 % | 56.5 % | 15.8 % | 25.6 % |
| Gearing | |||||
| Relative net indebtedness % | 24.2 % | 24.3 % | 24.2 % | 21.3 % | 14.1 % |
| Liquidity | |||||
| Quick ratio | 2.5 | 2.1 | 2.3 | 1.2 | 1.3 |
| Current ratio | 2.5 | 2.1 | 2.3 | 1.2 | 1.3 |
| Cash and cash equivalents | |||||
| Capital use efficiency | |||||
| Trade debtors turnover (days) | |||||
| Net working capital % | 35.1 % | 27.9 % | 31.4 % | 4.0 % | 4.9 % |
| Credit risk | |||||
| Credit rating | BB | B | B | BB | B |
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