HIRTSHALS RENOVATION ApS — Credit Rating and Financial Key Figures

CVR number: 17208799
Mandøvej 1, 9800 Hjørring
tel: 98922968

Company information

Official name
HIRTSHALS RENOVATION ApS
Established
1993
Company form
Private limited company
Industry

About HIRTSHALS RENOVATION ApS

HIRTSHALS RENOVATION ApS (CVR number: 17208799) is a company from HJØRRING. The company recorded a gross profit of 1215.5 kDKK in 2023. The operating profit was 1159.5 kDKK, while net earnings were 899.3 kDKK. The profitability of the company measured by Return on Assets (ROA) was 26.2 %, which can be considered excellent and Return on Equity (ROE) was 26.8 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 71.9 %, a level that can be considered to be good. This shows that a large part of the company's assets are funded by shareholders' equity, reducing financial risk. HIRTSHALS RENOVATION 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 financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2019
2020
2021
2022
2023
Volume
Net sales
Gross profit779.031 007.91806.30754.801 215.48
EBIT710.26911.11698.85650.771 159.51
Net earnings528.13-1 147.261 977.54497.30899.28
Shareholders equity total1 716.03568.772 496.312 953.613 752.89
Balance sheet total (assets)3 701.941 448.273 906.113 646.615 216.66
Net debt498.50171.62548.86206.47940.93
Profitability
EBIT-%
ROA25.0 %35.4 %95.4 %17.2 %26.2 %
ROE35.2 %-100.4 %129.0 %18.2 %26.8 %
ROI35.8 %61.3 %135.0 %21.0 %29.5 %
Economic value added (EVA)500.52622.31516.57529.89902.58
Solvency
Equity ratio46.4 %39.3 %63.9 %81.0 %71.9 %
Gearing29.1 %30.2 %22.0 %7.0 %25.3 %
Relative net indebtedness %
Liquidity
Quick ratio0.30.80.30.31.3
Current ratio0.30.80.30.31.3
Cash and cash equivalents0.600.240.240.249.63
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingABBBBBAA

Variable visualization

ROA:26.2%
Rating: 81/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:71.9%
Rating: 54/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer

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