Hedemark & Vang ApS — Credit Rating and Financial Key Figures

CVR number: 32160832
Vingevej 8, 4900 Nakskov
tel: 24251928

Credit rating

Company information

Official name
Hedemark & Vang ApS
Personnel
31 persons
Established
2009
Company form
Private limited company
Industry
  • Expand more icon02Forestry and logging

About Hedemark & Vang ApS

Hedemark & Vang ApS (CVR number: 32160832) is a company from LOLLAND. The company recorded a gross profit of 18.2 mDKK in 2023. The operating profit was 3436.8 kDKK, while net earnings were 2676.8 kDKK. The profitability of the company measured by Return on Assets (ROA) was 38.7 %, which can be considered excellent and Return on Equity (ROE) was 57.5 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 56.7 %, 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. Hedemark & Vang ApS's liquidity measured by quick ratio was 2.3 which is at a very high level. Thus, the company demonstrates exceptional financial stability, possessing a significant surplus of liquid assets over its short-term liabilities.

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-1.77100.204 621.9111 715.7218 158.12
EBIT-1.7787.361 949.93-36.173 436.84
Net earnings-9.93111.321 967.84- 212.452 676.76
Shareholders equity total126.53237.853 531.613 319.165 995.92
Balance sheet total (assets)411.48261.5610 018.647 489.0410 579.52
Net debt- 233.20-57.53828.03344.20-3 073.90
Profitability
EBIT-%
ROA-0.1 %18.5 %37.9 %-0.3 %38.7 %
ROE-7.2 %61.1 %104.4 %-6.2 %57.5 %
ROI-0.1 %56.2 %66.1 %-0.6 %66.0 %
Economic value added (EVA)109.8593.921 996.15-96.032 494.69
Solvency
Equity ratio78.4 %90.9 %35.3 %44.3 %56.7 %
Gearing18.7 %4.9 %60.1 %19.8 %8.1 %
Relative net indebtedness %
Liquidity
Quick ratio11.84.40.71.82.3
Current ratio1.44.40.71.82.3
Cash and cash equivalents256.9169.241 294.69312.373 557.80
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBAAAA

Variable visualization

ROA:38.7%
Rating: 88/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:56.7%
Rating: 44/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

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