EJENDOMSSELSKABET H+H ApS — Credit Rating and Financial Key Figures

CVR number: 27650600
Mågevej 14, 9500 Hobro

Company information

Official name
EJENDOMSSELSKABET H+H ApS
Established
2004
Company form
Private limited company
Industry

About EJENDOMSSELSKABET H+H ApS

EJENDOMSSELSKABET H+H ApS (CVR number: 27650600) is a company from MARIAGERFJORD. The company recorded a gross profit of 318.8 kDKK in 2023. The operating profit was 217.8 kDKK, while net earnings were 100.8 kDKK. The profitability of the company measured by Return on Assets (ROA) was 5.2 %, which can be considered decent but Return on Equity (ROE) was 15.6 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 16.2 %, 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. EJENDOMSSELSKABET H+H ApS's liquidity measured by quick ratio was 0.1 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 profit100.59153.16295.16310.62318.79
EBIT18.8367.46196.57210.35217.79
Net earnings-19.273.08119.62128.91100.81
Shareholders equity total342.85345.92465.54594.45695.26
Balance sheet total (assets)3 534.944 149.594 440.784 119.334 290.70
Net debt3 056.023 733.573 425.283 260.543 043.57
Profitability
EBIT-%
ROA0.6 %1.8 %4.6 %4.9 %5.2 %
ROE-5.5 %0.9 %29.5 %24.3 %15.6 %
ROI0.6 %1.8 %4.6 %5.0 %5.2 %
Economic value added (EVA)-34.3522.57124.83151.83136.01
Solvency
Equity ratio9.7 %8.3 %10.5 %14.4 %16.2 %
Gearing916.1 %1086.3 %830.8 %568.3 %493.8 %
Relative net indebtedness %
Liquidity
Quick ratio0.00.00.10.00.1
Current ratio0.00.00.10.00.1
Cash and cash equivalents84.6824.07442.35117.63389.99
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBAAA

Variable visualization

ROA:5.19%
Rating: 43/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:16.2%
Rating: 16/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer
Chief executive officer

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