Credit rating
Company information
About HH Gulve ApS
HH Gulve ApS (CVR number: 40154817) is a company from TÅRNBY. The company recorded a gross profit of 1056.3 kDKK in 2023. The operating profit was -154.6 kDKK, while net earnings were -132.6 kDKK. The profitability of the company measured by Return on Assets (ROA) was -21.7 %, which can be considered poor and Return on Equity (ROE) was -31.7 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at -6.1 %. This indicates that the company's debt surpasses the value of its total assets, posing significant financial risk. HH Gulve ApS's liquidity measured by quick ratio was 0.6 which is at a low level. Thus, the company may face difficulties in addressing its short-term obligations with its available liquid assets.
Financial information
See financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | |||||
Gross profit | 2 578.79 | 1 234.44 | 1 304.18 | 1 311.69 | 1 056.34 |
EBIT | 824.93 | -82.95 | 73.39 | 249.60 | - 154.63 |
Net earnings | 647.34 | -67.11 | 37.13 | 176.61 | - 132.64 |
Shareholders equity total | 697.34 | 130.23 | 167.35 | 243.96 | -38.68 |
Balance sheet total (assets) | 1 587.46 | 959.98 | 672.93 | 794.34 | 592.41 |
Net debt | - 954.27 | 29.67 | - 255.26 | - 345.58 | - 104.50 |
Profitability | |||||
EBIT-% | |||||
ROA | 52.7 % | -6.4 % | 9.0 % | 34.0 % | -21.7 % |
ROE | 92.8 % | -16.2 % | 25.0 % | 85.9 % | -31.7 % |
ROI | 120.1 % | -14.6 % | 24.8 % | 121.4 % | -126.7 % |
Economic value added (EVA) | 640.67 | -53.02 | 61.08 | 196.08 | - 117.97 |
Solvency | |||||
Equity ratio | 43.9 % | 13.6 % | 24.9 % | 30.7 % | -6.1 % |
Gearing | 228.4 % | ||||
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 1.4 | 0.7 | 0.7 | 1.0 | 0.6 |
Current ratio | 1.4 | 0.7 | 0.7 | 1.0 | 0.6 |
Cash and cash equivalents | 954.27 | 267.83 | 255.26 | 345.58 | 104.50 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | A | BBB | BBB | BBB | BB |
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