TRANEGAARD & HOVMARK EJENDOMME ApS — Credit Rating and Financial Key Figures

CVR number: 33151918
Danmarksvej 6, 8722 Hedensted

Company information

Official name
TRANEGAARD & HOVMARK EJENDOMME ApS
Established
2010
Company form
Private limited company
Industry

About TRANEGAARD & HOVMARK EJENDOMME ApS

TRANEGAARD & HOVMARK EJENDOMME ApS (CVR number: 33151918) is a company from HEDENSTED. The company recorded a gross profit of 138.1 kDKK in 2023. The operating profit was 84.6 kDKK, while net earnings were 44.9 kDKK. The profitability of the company measured by Return on Assets (ROA) was 3.9 %, which can be considered weak and Return on Equity (ROE) was 3.5 %, which can be considered weak. The equity ratio, a key indicator for solidity, stood at 58 %, 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. TRANEGAARD & HOVMARK EJENDOMME ApS's liquidity measured by quick ratio was 0.4 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 profit139.02138.51139.85138.70138.07
EBIT85.7885.0586.3985.2484.60
Net earnings24.8346.3246.3745.5244.92
Shareholders equity total1 474.461 470.781 367.151 262.671 307.59
Balance sheet total (assets)2 262.802 296.762 231.482 166.782 252.65
Net debt- 133.27- 209.44- 197.62- 186.38- 325.72
Profitability
EBIT-%
ROA3.8 %3.7 %3.8 %3.9 %3.9 %
ROE1.7 %3.1 %3.3 %3.5 %3.5 %
ROI4.4 %5.2 %5.5 %5.7 %5.8 %
Economic value added (EVA)-31.29-1.064.007.7211.90
Solvency
Equity ratio65.2 %64.0 %61.3 %58.3 %58.0 %
Gearing
Relative net indebtedness %
Liquidity
Quick ratio0.20.30.30.30.4
Current ratio0.20.30.30.30.4
Cash and cash equivalents133.27209.44197.62186.38325.72
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingAAAAA

Variable visualization

ROA:3.85%
Rating: 39/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:58.0%
Rating: 45/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer
Chief executive officer

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