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HVIDE SANDE FOOD HOLDING ApS — Credit Rating and Financial Key Figures
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 -21.2 kDKK in 2025. The operating profit was -21.2 kDKK, while net earnings were 3112 kDKK. The profitability of the company measured by Return on Assets (ROA) was 28.4 %, which can be considered excellent and Return on Equity (ROE) was 40.4 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 72.7 %, 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 2.3 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 financials2021 | 2022 | 2023 | 2024 | 2025 | |
|---|---|---|---|---|---|
| Volume | |||||
| Net sales | |||||
| Gross profit | -8.81 | -32.81 | -19.81 | -21.18 | |
| EBIT | -8.53 | -8.81 | -32.81 | -19.81 | -21.18 |
| Net earnings | - 504.37 | 484.78 | 2 358.04 | 3 257.32 | 3 112.02 |
| Shareholders equity total | 2 054.93 | 2 539.70 | 4 897.75 | 7 155.06 | 8 267.09 |
| Balance sheet total (assets) | 2 074.76 | 2 565.21 | 7 752.76 | 11 004.37 | 11 364.37 |
| Net debt | 10.81 | 18.57 | 52.66 | 1 121.03 | 1 351.83 |
| Profitability | |||||
| EBIT-% | |||||
| ROA | -20.5 % | 20.8 % | 45.7 % | 35.6 % | 28.4 % |
| ROE | -20.6 % | 21.1 % | 63.4 % | 54.1 % | 40.4 % |
| ROI | -20.5 % | 20.9 % | 49.6 % | 41.1 % | 31.9 % |
| Economic value added (EVA) | - 151.40 | - 110.95 | - 149.68 | - 266.20 | - 433.18 |
| Solvency | |||||
| Equity ratio | 99.0 % | 99.0 % | 63.2 % | 65.0 % | 72.7 % |
| Gearing | 0.7 % | 0.8 % | 1.1 % | 15.7 % | 16.4 % |
| Relative net indebtedness % | |||||
| Liquidity | |||||
| Quick ratio | 0.2 | 0.1 | 10.7 | 1.7 | 2.3 |
| Current ratio | 0.2 | 0.1 | 10.7 | 1.7 | 2.3 |
| Cash and cash equivalents | 3.01 | 0.94 | 0.94 | 0.63 | 4.38 |
| Capital use efficiency | |||||
| Trade debtors turnover (days) | |||||
| Net working capital % | |||||
| Credit risk | |||||
| Credit rating | A | A | A | BBB | A |
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