HEART2START ApS

CVR number: 32446329
Smedevej 38 C, 9500 Hobro
kry@heart2start.dk
tel: 21782896

Credit rating

Company information

Official name
HEART2START ApS
Personnel
6 persons
Established
2009
Company form
Private limited company
Industry
  • Expand more icon46Wholesale trade, except of motor vehicles and motorcycles

About the company

HEART2START ApS (CVR number: 32446329) is a company from MARIAGERFJORD. The company recorded a gross profit of 1328.8 kDKK in 2023. The operating profit was 22.9 kDKK, while net earnings were 16.3 kDKK. The profitability of the company measured by Return on Assets (ROA) was 1.9 %, which can be considered weak and Return on Equity (ROE) was 2.7 %, which can be considered weak. The equity ratio, a key indicator for solidity, stood at 50.4 %, a level that can be considered to be modest. This means a balanced mix of debt and equity financing its assets—a typical operational level for many companies. HEART2START ApS's liquidity measured by quick ratio was 0.4 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
20192020202120222023
Volume
Net sales
Gross profit1 688.171 727.831 592.841 326.811 328.84
EBIT94.7781.0382.9324.7622.94
Net earnings72.7062.1261.9418.8916.26
Shareholders equity total456.36518.48580.42599.32615.57
Balance sheet total (assets)1 113.711 780.191 531.071 152.191 220.58
Net debt265.12- 261.64- 389.99-57.52252.16
Profitability
EBIT-%
ROA8.4 %5.6 %5.0 %1.8 %1.9 %
ROE17.3 %12.7 %11.3 %3.2 %2.7 %
ROI10.7 %12.5 %14.8 %4.1 %3.0 %
Economic value added (EVA)61.5243.2751.7811.39-10.24
Solvency
Equity ratio41.0 %29.1 %37.9 %52.0 %50.4 %
Gearing71.6 %3.3 %48.5 %
Relative net indebtedness %
Liquidity
Quick ratio0.30.70.70.50.4
Current ratio0.81.01.01.01.1
Cash and cash equivalents61.54261.64409.1557.5246.67
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBBB

Variable visualization

ROA:1.93%
Rating: 30/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:50.4%
Rating: 40/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Companies in the same industry

Build time: 2024-10-04T14:01:21.465Z

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