HEDENSTED EJENDOMME ApS — Credit Rating and Financial Key Figures

CVR number: 30603087
Spangevej 30, 8700 Horsens
tel: 75601050

Company information

Official name
HEDENSTED EJENDOMME ApS
Established
2007
Company form
Private limited company
Industry

About HEDENSTED EJENDOMME ApS

HEDENSTED EJENDOMME ApS (CVR number: 30603087) is a company from HORSENS. The company reported a net sales of 0.3 mDKK in 2023, demonstrating a growth of 0.9 % compared to the previous year. The operating profit percentage was at 51.1 % (EBIT: 0.1 mDKK), while net earnings were 55.1 kDKK. The profitability of the company measured by Return on Assets (ROA) was 4.7 %, which can be considered decent but Return on Equity (ROE) was 3.6 %, which can be considered weak. The equity ratio, a key indicator for solidity, stood at 57.6 %, 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. HEDENSTED EJENDOMME ApS's liquidity measured by quick ratio was 0.1 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 sales233.00249.00249.00249.00251.24
Gross profit122.00126.00147.00137.00136.63
EBIT114.00118.00139.00129.00128.37
Net earnings52.0078.0091.0070.0055.10
Shareholders equity total1 506.001 472.001 450.001 522.001 575.29
Balance sheet total (assets)2 830.002 801.002 778.002 723.002 736.98
Net debt1 211.001 188.001 167.001 072.001 007.99
Profitability
EBIT-%48.9 %47.4 %55.8 %51.8 %51.1 %
ROA4.0 %4.2 %5.0 %4.7 %4.7 %
ROE3.4 %5.2 %6.2 %4.7 %3.6 %
ROI4.3 %4.4 %5.2 %4.9 %4.9 %
Economic value added (EVA)31.7837.32-5.91-13.93-14.13
Solvency
Equity ratio53.2 %52.6 %52.2 %55.9 %57.6 %
Gearing81.5 %81.7 %81.8 %70.9 %64.3 %
Relative net indebtedness %560.9 %527.7 %525.7 %479.5 %460.3 %
Liquidity
Quick ratio0.30.20.20.10.1
Current ratio0.30.20.20.10.1
Cash and cash equivalents17.0015.0019.007.005.30
Capital use efficiency
Trade debtors turnover (days)6.35.95.95.965.7
Net working capital %-142.5 %-166.7 %-194.0 %-180.7 %-172.5 %
Credit risk
Credit ratingAAABBBA

Variable visualization

ROA:4.70%
Rating: 42/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:57.6%
Rating: 45/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

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