Hassø & Elmer Holding ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About Hassø & Elmer Holding ApS
Hassø & Elmer Holding ApS (CVR number: 40739785) is a company from VEJLE. The company reported a net sales of -0 mDKK in 2023, demonstrating a decline of -110.2 % compared to the previous year. The operating profit percentage was poor at 0 % (EBIT: -0 mDKK), while net earnings were 15.3 kDKK. The profitability of the company measured by Return on Assets (ROA) was 0.7 %, which can be considered weak and Return on Equity (ROE) was 0.4 %, which can be considered weak. The equity ratio, a key indicator for solidity, stood at 99 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. Hassø & Elmer Holding ApS's liquidity measured by quick ratio was 77 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 financialsNet sales (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | 404.74 | 361.49 | 339.83 | 279.47 | -28.41 |
Gross profit | 400.74 | 346.31 | 321.06 | 260.63 | -40.64 |
EBIT | 400.74 | 346.31 | 321.06 | 260.63 | -40.64 |
Net earnings | 406.18 | 313.78 | 380.91 | 196.54 | 15.32 |
Shareholders equity total | 2 796.23 | 3 106.34 | 3 374.25 | 3 570.79 | 3 536.12 |
Balance sheet total (assets) | 4 547.71 | 4 184.55 | 3 438.73 | 3 861.88 | 3 573.22 |
Net debt | 2.07 | -1 608.99 | -1 953.88 | -2 041.07 | -2 158.05 |
Profitability | |||||
EBIT-% | 99.0 % | 95.8 % | 94.5 % | 93.3 % | |
ROA | 9.2 % | 8.9 % | 11.3 % | 8.3 % | 0.7 % |
ROE | 14.5 % | 10.6 % | 11.8 % | 5.7 % | 0.4 % |
ROI | 9.3 % | 9.1 % | 11.5 % | 8.4 % | 0.8 % |
Economic value added (EVA) | 400.33 | 448.29 | 361.09 | 279.77 | -39.16 |
Solvency | |||||
Equity ratio | 61.5 % | 74.2 % | 98.1 % | 92.5 % | 99.0 % |
Gearing | 61.5 % | 31.2 % | 8.0 % | 0.0 % | |
Relative net indebtedness % | 8.6 % | -415.1 % | -556.0 % | -727.8 % | 7464.8 % |
Liquidity | |||||
Quick ratio | 1.0 | 2.5 | 36.2 | 9.7 | 77.0 |
Current ratio | 1.0 | 2.5 | 36.2 | 9.7 | 77.0 |
Cash and cash equivalents | 1 716.47 | 2 578.80 | 1 953.88 | 2 325.04 | 2 158.16 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | -177.5 % | 251.0 % | 439.4 % | 663.9 % | -7381.0 % |
Credit risk | |||||
Credit rating | A | A | A | A | BBB |
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