HIMMERLANDSFONDEN (STØTTEFOND FOR HJEMMEVÆRNET I HIMMERLAND M.V.) — Credit Rating and Financial Key Figures

CVR number: 16492914
Kornblomstvej 20, 9000 Aalborg

Credit rating

Company information

Official name
HIMMERLANDSFONDEN (STØTTEFOND FOR HJEMMEVÆRNET I HIMMERLAND M.V.)
Personnel
11 persons
Established
1956
Industry
  • Expand more icon55Accommodation

About HIMMERLANDSFONDEN (STØTTEFOND FOR HJEMMEVÆRNET I HIMMERLAND M.V.)

HIMMERLANDSFONDEN (STØTTEFOND FOR HJEMMEVÆRNET I HIMMERLAND M.V.) (CVR number: 16492914) is a company from AALBORG. The company recorded a gross profit of 2235.3 kDKK in 2023. The operating profit was 229.4 kDKK, while net earnings were 67.5 kDKK. The profitability of the company measured by Return on Assets (ROA) was 1.8 %, which can be considered weak and Return on Equity (ROE) was 1 %, which can be considered weak. The equity ratio, a key indicator for solidity, stood at 53.6 %, 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. HIMMERLANDSFONDEN (STØTTEFOND FOR HJEMMEVÆRNET I HIMMERLAND M.V.)'s liquidity measured by quick ratio was 0.2 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 profit2 551.032 316.212 409.012 461.422 235.35
EBIT135.77327.88197.89261.77229.35
Net earnings-28.55143.40- 103.77135.9867.54
Shareholders equity total6 512.416 650.816 547.046 683.026 750.56
Balance sheet total (assets)12 804.4712 821.0612 966.0912 721.6112 685.82
Net debt5 599.895 237.835 096.224 972.894 745.24
Profitability
EBIT-%
ROA1.1 %2.6 %1.5 %2.0 %1.8 %
ROE-0.4 %2.2 %-1.6 %2.1 %1.0 %
ROI1.1 %2.7 %1.7 %2.2 %2.0 %
Economic value added (EVA)- 422.70- 213.78- 336.88- 293.16- 322.85
Solvency
Equity ratio50.9 %51.9 %50.5 %52.5 %53.6 %
Gearing86.0 %78.8 %77.9 %74.7 %71.0 %
Relative net indebtedness %
Liquidity
Quick ratio0.00.10.20.10.2
Current ratio0.10.10.20.10.2
Cash and cash equivalents2.315.606.7320.0546.70
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingAAAAA

Variable visualization

ROA:1.81%
Rating: 29/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:53.6%
Rating: 42/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chairman of the board
Board member
Chief executive officer
Board member
Board member
Board member

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