HANDELSSELSKABET AF 24.1.2003 ApS

CVR number: 27000207
Frilandsvej 61, 9800 Hjørring

Credit rating

Company information

Official name
HANDELSSELSKABET AF 24.1.2003 ApS
Personnel
2 persons
Established
2003
Company form
Private limited company
Industry
  • Expand more icon47Retail trade, except of motor vehicles and motorcycles

About HANDELSSELSKABET AF 24.1.2003 ApS

HANDELSSELSKABET AF 24.1.2003 ApS (CVR number: 27000207) is a company from HJØRRING. The company recorded a gross profit of 450.2 kDKK in 2023. The operating profit was 0.5 kDKK, while net earnings were -196 kDKK. The profitability of the company measured by Return on Assets (ROA) was 0 %, which can be considered weak but Return on Equity (ROE) was -82.5 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 4.2 %, 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. HANDELSSELSKABET AF 24.1.2003 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
20192020202120222023
Volume
Net sales
Gross profit624.62770.25707.33806.40450.21
EBIT22.29260.81206.80338.730.46
Net earnings- 144.8677.2263.12143.68- 196.04
Shareholders equity total51.66128.88192.00335.68139.64
Balance sheet total (assets)3 825.623 034.893 376.093 332.383 364.02
Net debt2 515.072 258.422 302.592 379.982 562.00
Profitability
EBIT-%
ROA0.6 %7.7 %6.5 %10.1 %0.0 %
ROE-116.7 %85.6 %39.3 %54.5 %-82.5 %
ROI0.7 %9.3 %8.4 %12.8 %0.0 %
Economic value added (EVA)-85.82142.4392.61190.59-70.05
Solvency
Equity ratio1.4 %4.2 %5.7 %10.1 %4.2 %
Gearing6152.5 %1758.7 %1201.0 %710.9 %1835.1 %
Relative net indebtedness %
Liquidity
Quick ratio0.50.10.10.10.1
Current ratio1.10.90.90.90.9
Cash and cash equivalents662.998.183.306.370.50
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBBB

Variable visualization

ROA:0.02%
Rating: 20/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:4.15%
Rating: 5/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Companies in the same industry

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