HVIDE SANDE TONNAGE 2002 ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About HVIDE SANDE TONNAGE 2002 ApS
HVIDE SANDE TONNAGE 2002 ApS (CVR number: 26813506) is a company from RINGKØBING-SKJERN. The company recorded a gross profit of 282.6 kDKK in 2023. The operating profit was 282.6 kDKK, while net earnings were 4 kDKK. The profitability of the company measured by Return on Assets (ROA) was 5.7 %, which can be considered decent but Return on Equity (ROE) was 0.6 %, which can be considered weak. The equity ratio, a key indicator for solidity, stood at 53.1 %, 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. HVIDE SANDE TONNAGE 2002 ApS's liquidity measured by quick ratio was 2.1 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 financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | |||||
Gross profit | 404.60 | 288.85 | - 155.47 | -2 278.30 | 282.60 |
EBIT | - 135.61 | -71.29 | - 155.47 | -2 278.30 | 282.60 |
Net earnings | -83.64 | -48.04 | - 130.77 | -1 984.18 | 4.00 |
Shareholders equity total | 276.45 | 228.41 | 97.64 | -1 886.54 | 217.47 |
Balance sheet total (assets) | 3 025.54 | 2 587.49 | 2 573.34 | 1 106.67 | 409.83 |
Net debt | 2 543.98 | 2 128.98 | 2 244.59 | 2 291.10 | -0.11 |
Profitability | |||||
EBIT-% | |||||
ROA | 1.8 % | 1.5 % | -6.5 % | -82.1 % | 5.7 % |
ROE | -26.3 % | -19.0 % | -80.2 % | -329.5 % | 0.6 % |
ROI | 1.8 % | 1.5 % | -6.5 % | -82.1 % | 6.0 % |
Economic value added (EVA) | - 101.67 | -52.86 | - 117.40 | -1 971.20 | 327.66 |
Solvency | |||||
Equity ratio | 9.1 % | 8.8 % | 3.8 % | -63.0 % | 53.1 % |
Gearing | 920.3 % | 932.1 % | 2299.0 % | -121.5 % | |
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 0.1 | 0.1 | 0.0 | 0.1 | 2.1 |
Current ratio | 0.1 | 1.1 | 1.1 | 0.4 | 2.1 |
Cash and cash equivalents | 0.11 | 0.11 | 0.11 | 0.11 | 0.11 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | BBB | BB | BB | BB | B |
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