K/S H.C. ØRSTEDS VEJ, FREDERIKSHAVN — Credit Rating and Financial Key Figures

CVR number: 28135742
Klosterplads 2, 5700 Svendborg
michael@holmsberg.dk
tel: 70227735

Credit rating

Company information

Official name
K/S H.C. ØRSTEDS VEJ, FREDERIKSHAVN
Established
2004
Company form
Limited partnership
Industry

About K/S H.C. ØRSTEDS VEJ, FREDERIKSHAVN

K/S H.C. ØRSTEDS VEJ, FREDERIKSHAVN (CVR number: 28135742) is a company from SVENDBORG. The company recorded a gross profit of 2620.8 kDKK in 2023. The operating profit was -2568.1 kDKK, while net earnings were -2699.1 kDKK. The profitability of the company measured by Return on Assets (ROA) was -6.7 %, which can be considered poor and Return on Equity (ROE) was -11.8 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 58.8 %, 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. K/S H.C. ØRSTEDS VEJ, FREDERIKSHAVN's liquidity measured by quick ratio was 0 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

Net sales (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2019
2020
2021
2022
2023
Volume
Net sales2 572.142 589.632 594.55
Gross profit2 449.512 457.832 471.372 157.302 620.80
EBIT2 705.792 679.086 991.201 585.18-2 568.05
Net earnings2 315.452 357.556 794.201 427.83-2 699.14
Shareholders equity total16 847.8518 205.4023 999.6024 817.5321 118.39
Balance sheet total (assets)36 842.9737 064.2241 584.0541 011.9235 888.94
Net debt18 231.2516 774.2315 805.8814 457.6512 813.86
Profitability
EBIT-%105.2 %103.5 %269.5 %
ROA7.4 %7.2 %17.8 %3.8 %-6.7 %
ROE14.6 %13.5 %32.2 %5.8 %-11.8 %
ROI7.5 %7.4 %18.1 %3.9 %-6.8 %
Economic value added (EVA)1 333.211 264.795 564.87- 323.82-4 462.34
Solvency
Equity ratio45.7 %49.1 %57.7 %60.5 %58.8 %
Gearing108.2 %92.1 %65.9 %58.3 %61.0 %
Relative net indebtedness %777.4 %728.2 %677.7 %
Liquidity
Quick ratio0.0
Current ratio0.0
Cash and cash equivalents65.88
Capital use efficiency
Trade debtors turnover (days)
Net working capital %-96.7 %-95.0 %-88.5 %
Credit risk
Credit ratingAAAAAAABBB

Variable visualization

ROA:-6.68%
Rating: 13/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:58.8%
Rating: 46/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

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