HVIMS FARM SERVICE ApS — Credit Rating and Financial Key Figures

CVR number: 34894000
Jerupvej 350, Mosbjerg 9870 Sindal
hvimsfarmservice@outlook.dk
tel: 23260559

Credit rating

Company information

Official name
HVIMS FARM SERVICE ApS
Personnel
7 persons
Established
2012
Domicile
Mosbjerg
Company form
Private limited company
Industry
  • Expand more icon01Crop and animal production, hunting and related service activities

About HVIMS FARM SERVICE ApS

HVIMS FARM SERVICE ApS (CVR number: 34894000) is a company from HJØRRING. The company recorded a gross profit of 2454.3 kDKK in 2023. The operating profit was 736.6 kDKK, while net earnings were 343 kDKK. The profitability of the company measured by Return on Assets (ROA) was 9.2 %, which can be considered good but Return on Equity (ROE) was 16 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 26.3 %, a level that can be considered to be low. This means a higher proportion of debt in its capital structure, indicating a greater reliance on borrowed funds. HVIMS FARM SERVICE ApS's liquidity measured by quick ratio was 0.4 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

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
20192020202120222023
Volume
Net sales
Gross profit- 379.70-1 701.341 872.632 661.922 454.25
EBIT- 726.42-2 288.71876.00828.50736.57
Net earnings- 681.39-2 076.97630.34513.98342.95
Shareholders equity total2 904.05827.081 457.421 971.402 314.36
Balance sheet total (assets)7 643.616 226.407 552.907 194.228 794.36
Net debt805.581 741.682 141.062 086.662 561.92
Profitability
EBIT-%
ROA-9.8 %-32.9 %12.7 %11.5 %9.2 %
ROE-20.8 %-111.3 %55.2 %30.0 %16.0 %
ROI-11.9 %-44.9 %19.4 %15.7 %11.5 %
Economic value added (EVA)- 735.32-2 104.58834.51606.31482.73
Solvency
Equity ratio38.0 %13.3 %19.3 %27.4 %26.3 %
Gearing27.7 %210.8 %151.8 %120.1 %137.6 %
Relative net indebtedness %
Liquidity
Quick ratio0.20.00.20.20.4
Current ratio1.50.91.01.51.9
Cash and cash equivalents1.5871.63280.08622.49
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBAAA

Variable visualization

ROA:9.20%
Rating: 55/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:26.3%
Rating: 24/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer

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