Hvidebæk Meat ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About Hvidebæk Meat ApS
Hvidebæk Meat ApS (CVR number: 38904108) is a company from KALUNDBORG. The company recorded a gross profit of 0 kDKK in 2023. The operating profit was -9 kDKK, while net earnings were -5.7 kDKK. The profitability of the company measured by Return on Assets (ROA) was -7.6 %, which can be considered poor and Return on Equity (ROE) was -33.3 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 21.4 %, a level that can be considered to be low. This means a higher proportion of debt in its capital structure, indicating a greater reliance on borrowed funds. Hvidebæk Meat 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 financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | |||||
Gross profit | |||||
EBIT | -8.75 | -7.50 | -9.38 | -8.78 | -9.03 |
Net earnings | -6.83 | -5.85 | -6.35 | -5.86 | -5.74 |
Shareholders equity total | 38.17 | 32.33 | 25.97 | 20.12 | 14.37 |
Balance sheet total (assets) | 51.92 | 53.57 | 57.46 | 61.51 | 67.28 |
Net debt | 6.88 | 14.00 | 14.85 | 32.98 | 43.97 |
Profitability | |||||
EBIT-% | |||||
ROA | -17.2 % | -14.2 % | -13.1 % | -10.7 % | -7.6 % |
ROE | -16.4 % | -16.6 % | -21.8 % | -25.4 % | -33.3 % |
ROI | -19.4 % | -16.4 % | -16.7 % | -13.6 % | -8.7 % |
Economic value added (EVA) | -9.09 | -7.77 | -8.94 | -8.15 | -8.05 |
Solvency | |||||
Equity ratio | 73.5 % | 60.3 % | 45.2 % | 32.7 % | 21.4 % |
Gearing | 18.0 % | 43.3 % | 57.2 % | 164.0 % | 306.0 % |
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 3.8 | 2.5 | 1.8 | 1.5 | 1.3 |
Current ratio | 3.8 | 2.5 | 1.8 | 1.5 | 1.3 |
Cash and cash equivalents | 0.01 | 0.01 | 0.01 | ||
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | BB | BB | BB | BB | BB |
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