Hassø & Elmer Holding ApS — Credit Rating and Financial Key Figures

CVR number: 40739785
Skøn Valborgs Vej 31, 7100 Vejle

Credit rating

Company information

Official name
Hassø & Elmer Holding ApS
Established
2019
Company form
Private limited company
Industry

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 financials

Net sales (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2019
2020
2021
2022
2023
Volume
Net sales404.74361.49339.83279.47-28.41
Gross profit400.74346.31321.06260.63-40.64
EBIT400.74346.31321.06260.63-40.64
Net earnings406.18313.78380.91196.5415.32
Shareholders equity total2 796.233 106.343 374.253 570.793 536.12
Balance sheet total (assets)4 547.714 184.553 438.733 861.883 573.22
Net debt2.07-1 608.99-1 953.88-2 041.07-2 158.05
Profitability
EBIT-%99.0 %95.8 %94.5 %93.3 %
ROA9.2 %8.9 %11.3 %8.3 %0.7 %
ROE14.5 %10.6 %11.8 %5.7 %0.4 %
ROI9.3 %9.1 %11.5 %8.4 %0.8 %
Economic value added (EVA)400.33448.29361.09279.77-39.16
Solvency
Equity ratio61.5 %74.2 %98.1 %92.5 %99.0 %
Gearing61.5 %31.2 %8.0 %0.0 %
Relative net indebtedness %8.6 %-415.1 %-556.0 %-727.8 %7464.8 %
Liquidity
Quick ratio1.02.536.29.777.0
Current ratio1.02.536.29.777.0
Cash and cash equivalents1 716.472 578.801 953.882 325.042 158.16
Capital use efficiency
Trade debtors turnover (days)
Net working capital %-177.5 %251.0 %439.4 %663.9 %-7381.0 %
Credit risk
Credit ratingAAAABBB

Variable visualization

ROA:0.75%
Rating: 24/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:99.0%
Rating: 84/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer

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