Credit rating
Company information
About HVIDE SANDE FOOD HOLDING ApS
HVIDE SANDE FOOD HOLDING ApS (CVR number: 31175119) is a company from RINGKØBING-SKJERN. The company recorded a gross profit of -32.8 kDKK in 2023. The operating profit was -32.8 kDKK, while net earnings were 2358 kDKK. The profitability of the company measured by Return on Assets (ROA) was 45.7 %, which can be considered excellent and Return on Equity (ROE) was 63.4 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 63.2 %, a level that can be considered to be good. This shows that a large part of the company's assets are funded by shareholders' equity, reducing financial risk. HVIDE SANDE FOOD HOLDING ApS's liquidity measured by quick ratio was 10.7 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 | -8.81 | -32.81 | |||
EBIT | -8.00 | -8.97 | -8.53 | -8.81 | -32.81 |
Net earnings | 102.00 | 37.97 | - 504.37 | 484.78 | 2 358.04 |
Shareholders equity total | 2 897.00 | 2 834.76 | 2 054.93 | 2 539.70 | 4 897.75 |
Balance sheet total (assets) | 2 903.00 | 2 849.14 | 2 074.76 | 2 565.21 | 7 752.76 |
Net debt | -5.00 | 1.81 | 10.81 | 18.57 | 52.66 |
Profitability | |||||
EBIT-% | |||||
ROA | 3.6 % | 1.3 % | -20.5 % | 20.8 % | 45.7 % |
ROE | 3.6 % | 1.3 % | -20.6 % | 21.1 % | 63.4 % |
ROI | 3.6 % | 1.3 % | -20.5 % | 20.9 % | 49.6 % |
Economic value added (EVA) | 107.17 | 111.73 | 110.05 | 73.12 | 84.05 |
Solvency | |||||
Equity ratio | 99.8 % | 99.5 % | 99.0 % | 99.0 % | 63.2 % |
Gearing | 0.3 % | 0.7 % | 0.8 % | 1.1 % | |
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 1.5 | 0.6 | 0.2 | 0.1 | 10.7 |
Current ratio | 1.5 | 0.6 | 0.2 | 0.1 | 10.7 |
Cash and cash equivalents | 5.00 | 6.57 | 3.01 | 0.94 | 0.94 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | BB | BB | BB | BBB | BBB |
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