Hveiti Ingredients ApS — Credit Rating and Financial Key Figures

CVR number: 40816283
Kystvej 26, 8500 Grenaa
sb@danskbiokemi.dk
tel: 23473455
www.danskbiokemi.dk

Credit rating

Company information

Official name
Hveiti Ingredients ApS
Established
2019
Company form
Private limited company
Industry
  • Expand more icon20Manufacture of chemicals and chemical products

About Hveiti Ingredients ApS

Hveiti Ingredients ApS (CVR number: 40816283) is a company from NORDDJURS. The company recorded a gross profit of 156.1 kDKK in 2023. The operating profit was 156.1 kDKK, while net earnings were 137.4 kDKK. The profitability of the company measured by Return on Assets (ROA) was 42 %, which can be considered excellent and Return on Equity (ROE) was 94.6 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at -40.9 %. This indicates that the company's debt surpasses the value of its total assets, posing significant financial risk. Hveiti Ingredients ApS'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
2020
2021
2022
2023
Volume
Net sales
Gross profit11.69-16.65- 349.39156.07
EBIT11.69-16.65- 349.39156.07
Net earnings7.70-14.71- 355.90137.43
Shareholders equity total47.7052.99- 299.32- 161.89
Balance sheet total (assets)61.4671.9557.20233.48
Net debt-58.63-56.30-20.66149.39
Profitability
EBIT-%
ROA19.0 %-25.0 %-163.1 %42.0 %
ROE16.1 %-29.2 %-646.0 %94.6 %
ROI24.5 %-31.9 %-1144.3 %82.0 %
Economic value added (EVA)7.85-12.83- 354.76172.37
Solvency
Equity ratio77.6 %73.6 %-84.0 %-40.9 %
Gearing7.1 %-1.4 %-235.1 %
Relative net indebtedness %
Liquidity
Quick ratio4.53.80.20.6
Current ratio4.53.80.20.6
Cash and cash equivalents58.6360.0724.97231.25
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBB

Variable visualization

ROA:42.0%
Rating: 90/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:-40.9%
Rating: 0/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer
Chairman of the board
Chief executive officer

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