3H AUTOMOTIVE A/S — Credit Rating and Financial Key Figures

CVR number: 36552352
Vandtårnsvej 80, 2860 Søborg

Credit rating

Company information

Official name
3H AUTOMOTIVE A/S
Personnel
10 persons
Established
2015
Company form
Limited company
Industry
  • Expand more icon953190

About 3H AUTOMOTIVE A/S

3H AUTOMOTIVE A/S (CVR number: 36552352) is a company from GLADSAXE. The company recorded a gross profit of 4635.7 kDKK in 2023. The operating profit was 840 kDKK, while net earnings were 557.7 kDKK. The profitability of the company measured by Return on Assets (ROA) was 12.7 %, which can be considered good and Return on Equity (ROE) was 9.2 %, which can be considered good. The equity ratio, a key indicator for solidity, stood at -5.7 %. This indicates that the company's debt surpasses the value of its total assets, posing significant financial risk. 3H AUTOMOTIVE A/S's liquidity measured by quick ratio was 0.8 which is at a low level. Thus, the company may face difficulties in addressing its short-term obligations with its available liquid assets.

Financial information

See financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2019
2020
2021
2022
2023
Volume
Net sales
Gross profit4 236.421 500.993 260.003 168.424 635.71
EBIT-3 777.15-1 873.93432.43342.81840.00
Net earnings-4 171.07-2 071.33208.5894.85557.67
Shareholders equity total893.40-1 177.92- 969.35- 874.50- 316.84
Balance sheet total (assets)6 955.626 432.836 983.486 786.425 277.61
Net debt2 794.922 605.431 257.144 764.971 848.37
Profitability
EBIT-%
ROA-38.0 %-25.7 %5.6 %4.4 %12.7 %
ROE-146.1 %-56.5 %3.1 %1.4 %9.2 %
ROI-54.3 %-34.1 %9.8 %8.0 %18.4 %
Economic value added (EVA)-4 132.41-1 858.26521.50398.07615.40
Solvency
Equity ratio12.9 %-15.5 %-12.2 %-11.4 %-5.7 %
Gearing447.7 %-271.7 %-298.0 %-651.3 %-1093.5 %
Relative net indebtedness %
Liquidity
Quick ratio0.30.40.61.20.8
Current ratio1.01.11.42.71.6
Cash and cash equivalents1 205.08594.571 631.06930.531 616.13
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBB

Variable visualization

ROA:12.7%
Rating: 63/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:-5.66%
Rating: 0/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chairman of the board
Board member

Companies in the same industry

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