HVIDE SANDE FOOD HOLDING ApS — Credit Rating and Financial Key Figures

CVR number: 31175119
Nørregade 50, 6960 Hvide Sande

Company information

Official name
HVIDE SANDE FOOD HOLDING ApS
Established
2008
Company form
Private limited company
Industry

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 financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2019
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 earnings102.0037.97- 504.37484.782 358.04
Shareholders equity total2 897.002 834.762 054.932 539.704 897.75
Balance sheet total (assets)2 903.002 849.142 074.762 565.217 752.76
Net debt-5.001.8110.8118.5752.66
Profitability
EBIT-%
ROA3.6 %1.3 %-20.5 %20.8 %45.7 %
ROE3.6 %1.3 %-20.6 %21.1 %63.4 %
ROI3.6 %1.3 %-20.5 %20.9 %49.6 %
Economic value added (EVA)107.17111.73110.0573.1284.05
Solvency
Equity ratio99.8 %99.5 %99.0 %99.0 %63.2 %
Gearing0.3 %0.7 %0.8 %1.1 %
Relative net indebtedness %
Liquidity
Quick ratio1.50.60.20.110.7
Current ratio1.50.60.20.110.7
Cash and cash equivalents5.006.573.010.940.94
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBBBBA

Variable visualization

ROA:45.7%
Rating: 92/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:63.2%
Rating: 48/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

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