Herning Bilen Rute ApS
Credit rating
Company information
About Herning Bilen Rute ApS
Herning Bilen Rute ApS (CVR number: 29693765) is a company from AARHUS. The company recorded a gross profit of -956.2 kDKK in 2022. The operating profit was -2257.5 kDKK, while net earnings were -1423.7 kDKK. The profitability of the company measured by Return on Assets (ROA) was -10.8 %, which can be considered poor and Return on Equity (ROE) was -18.1 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at -11.1 %. This indicates that the company's debt surpasses the value of its total assets, posing significant financial risk. Herning Bilen Rute ApS's liquidity measured by quick ratio was 2 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 financials2018 | 2019 | 2020 | 2021 | 2022 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | |||||
Gross profit | 2 799.88 | 4 424.58 | 6 231.61 | 1 677.77 | - 956.18 |
EBIT | - 955.66 | 1 038.46 | 2 278.24 | 8.24 | -2 257.52 |
Net earnings | - 769.19 | 1 277.08 | 1 930.48 | 233.75 | -1 423.70 |
Shareholders equity total | 1 328.57 | 2 605.65 | 2 536.12 | 769.87 | - 653.83 |
Balance sheet total (assets) | 44 926.17 | 46 908.93 | 24 597.83 | 17 107.06 | 14 933.94 |
Net debt | 14 157.11 | 19 407.76 | - 232.56 | 7.19 | 4 984.53 |
Profitability | |||||
EBIT-% | |||||
ROA | -2.1 % | 3.2 % | 7.5 % | 1.7 % | -10.8 % |
ROE | -44.9 % | 64.9 % | 75.1 % | 14.1 % | -18.1 % |
ROI | -9.0 % | 7.7 % | 21.3 % | 17.1 % | -56.5 % |
Economic value added (EVA) | - 852.11 | 963.00 | 1 646.40 | -95.69 | -1 799.50 |
Solvency | |||||
Equity ratio | 7.6 % | 11.0 % | 46.1 % | 35.0 % | -11.1 % |
Gearing | 1065.7 % | 744.8 % | 10.7 % | 0.9 % | -762.4 % |
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 2.7 | 2.1 | 7.2 | 14.1 | 2.0 |
Current ratio | 1.0 | 1.1 | 1.0 | 0.9 | 0.8 |
Cash and cash equivalents | 1.53 | 504.00 | |||
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | B | BB | BBB | BB | C |
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