Hjørringvej P/S — Credit Rating and Financial Key Figures

CVR number: 40269320
Porsvej 2, 9000 Aalborg

Credit rating

Company information

Official name
Hjørringvej P/S
Established
2019
Industry

About Hjørringvej P/S

Hjørringvej P/S (CVR number: 40269320) is a company from AALBORG. The company recorded a gross profit of 215.1 kDKK in 2023. The operating profit was -484.9 kDKK, while net earnings were -694.9 kDKK. The profitability of the company measured by Return on Assets (ROA) was -4.1 %, which can be considered poor and Return on Equity (ROE) was -13.6 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 41.3 %, 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. Hjørringvej P/S's liquidity measured by quick ratio was 0.6 which is at a low level. Thus, the company may face difficulties in addressing its short-term obligations with its available liquid assets.

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 profit- 443.83- 324.3165.44-43.60215.10
EBIT677.272 530.9783.09-14.66- 484.90
Net earnings613.552 479.9040.75-76.96- 694.90
Shareholders equity total4 613.557 093.457 134.205 457.244 762.34
Balance sheet total (assets)7 571.2710 782.1212 149.4410 675.6511 533.95
Net debt2 464.343 253.324 705.594 795.276 561.31
Profitability
EBIT-%
ROA9.0 %27.9 %0.9 %0.1 %-4.1 %
ROE13.3 %42.4 %0.6 %-1.2 %-13.6 %
ROI9.0 %28.7 %1.0 %0.1 %-4.2 %
Economic value added (EVA)677.272 219.73- 372.38- 597.12- 974.00
Solvency
Equity ratio60.9 %65.8 %58.7 %51.2 %41.3 %
Gearing62.5 %46.3 %66.0 %88.0 %138.2 %
Relative net indebtedness %
Liquidity
Quick ratio2.21.13.20.00.6
Current ratio2.21.13.20.00.6
Cash and cash equivalents419.6429.413.025.0920.77
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingAAABBBBBB

Variable visualization

ROA:-4.09%
Rating: 16/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:41.3%
Rating: 34/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chairman of the board

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