HANDELSSELSKABET 24.03.14 ApS — Credit Rating and Financial Key Figures

CVR number: 35816682
Østergade 15, 9800 Hjørring
hjoerring@zjoos.dk
zjoos-hjoerring.dk

Credit rating

Company information

Official name
HANDELSSELSKABET 24.03.14 ApS
Personnel
7 persons
Established
2014
Company form
Private limited company
Industry
  • Expand more icon47Retail trade, except of motor vehicles and motorcycles

About HANDELSSELSKABET 24.03.14 ApS

HANDELSSELSKABET 24.03.14 ApS (CVR number: 35816682) is a company from HJØRRING. The company recorded a gross profit of 1577.7 kDKK in 2023. The operating profit was -299.1 kDKK, while net earnings were -344.7 kDKK. The profitability of the company measured by Return on Assets (ROA) was -15.9 %, which can be considered poor and Return on Equity (ROE) was -36.8 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at -3.6 %. This indicates that the company's debt surpasses the value of its total assets, posing significant financial risk. HANDELSSELSKABET 24.03.14 ApS'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 profit1 854.741 339.852 182.931 672.751 577.71
EBIT97.5346.29342.41- 492.67- 299.09
Net earnings71.7218.20250.85- 443.27- 344.74
Shareholders equity total460.40478.60729.45286.18-58.56
Balance sheet total (assets)2 462.042 832.753 594.702 108.601 587.44
Net debt697.94281.45312.93766.84842.79
Profitability
EBIT-%
ROA4.1 %1.9 %10.8 %-17.3 %-15.9 %
ROE16.9 %3.9 %41.5 %-87.3 %-36.8 %
ROI6.5 %3.2 %20.2 %-34.2 %-30.7 %
Economic value added (EVA)77.7132.24282.87- 425.63- 313.20
Solvency
Equity ratio18.7 %16.9 %20.3 %13.6 %-3.6 %
Gearing238.0 %226.0 %149.3 %269.8 %-1522.2 %
Relative net indebtedness %
Liquidity
Quick ratio0.40.70.80.40.2
Current ratio1.21.21.21.10.9
Cash and cash equivalents397.62800.41776.295.4048.60
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBBBBB

Variable visualization

ROA:-15.9%
Rating: 4/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:-3.56%
Rating: 0/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Companies in the same industry

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