Hvidebæk Meat ApS — Credit Rating and Financial Key Figures

CVR number: 38904108
Industrivej 17 D, Ubby 4490 Jerslev Sjælland

Credit rating

Company information

Official name
Hvidebæk Meat ApS
Established
2017
Domicile
Ubby
Company form
Private limited company
Industry
  • Expand more icon10Manufacture of food products

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 financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2019
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 total38.1732.3325.9720.1214.37
Balance sheet total (assets)51.9253.5757.4661.5167.28
Net debt6.8814.0014.8532.9843.97
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 ratio73.5 %60.3 %45.2 %32.7 %21.4 %
Gearing18.0 %43.3 %57.2 %164.0 %306.0 %
Relative net indebtedness %
Liquidity
Quick ratio3.82.51.81.51.3
Current ratio3.82.51.81.51.3
Cash and cash equivalents0.010.010.01
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBBB

Variable visualization

ROA:-7.56%
Rating: 12/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:21.4%
Rating: 20/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Companies in the same industry

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