Hovedgaden 28 ApS — Credit Rating and Financial Key Figures

CVR number: 42027804
Damhusdalen 31, 2610 Rødovre
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Credit rating

Company information

Official name
Hovedgaden 28 ApS
Established
2021
Company form
Private limited company
Industry

About Hovedgaden 28 ApS

Hovedgaden 28 ApS (CVR number: 42027804) is a company from RØDOVRE. The company recorded a gross profit of 760.1 kDKK in 2024. The operating profit was 590.1 kDKK, while net earnings were 303.7 kDKK. The profitability of the company measured by Return on Assets (ROA) was 7.7 %, which can be considered decent but Return on Equity (ROE) was 84.8 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 6.8 %, a level that can be considered to be very low. This means the company is highly leveraged, with most assets financed through debt. This high level of financial risk could pose challenges in periods of financial distress or rising interest rates. Hovedgaden 28 ApS's liquidity measured by quick ratio was 0 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
2020
2021
2022
2023
2024
Volume
Net sales
Gross profit378.87551.16-41.00760.06
EBIT250.40412.01- 211.00590.06
Net earnings78.48163.84- 575.96303.73
Shareholders equity total118.48282.32206.37510.10
Balance sheet total (assets)8 244.598 154.927 653.687 751.84
Net debt7 513.057 301.806 877.676 452.62
Profitability
EBIT-%
ROA3.0 %5.1 %-2.7 %7.7 %
ROE66.2 %81.8 %-235.7 %84.8 %
ROI3.2 %5.3 %-2.8 %8.2 %
Economic value added (EVA)151.27- 120.53- 603.21104.04
Solvency
Equity ratio1.5 %3.6 %2.8 %6.8 %
Gearing6602.5 %2664.6 %3340.3 %1321.5 %
Relative net indebtedness %
Liquidity
Quick ratio0.10.10.00.0
Current ratio0.10.00.00.0
Cash and cash equivalents309.94221.0715.53288.49
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBABBBBBB

Variable visualization

ROA:7.66%
Rating: 50/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:6.82%
Rating: 7/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Director

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