Hoff Commerce ApS

CVR number: 42492299
Nicolinevej 91, Strøby Egede 4600 Køge

Credit rating

Company information

Official name
Hoff Commerce ApS
Established
2021
Domicile
Strøby Egede
Company form
Private limited company
Industry
  • Expand more icon47Retail trade, except of motor vehicles and motorcycles

About Hoff Commerce ApS

Hoff Commerce ApS (CVR number: 42492299) is a company from STEVNS. The company reported a net sales of 0.1 mDKK in 2023, demonstrating a growth of 107 % compared to the previous year. The operating profit percentage was poor at -45.4 % (EBIT: -0 mDKK), while net earnings were -42 kDKK. The profitability of the company measured by Return on Assets (ROA) was -45.6 %, which can be considered poor and Return on Equity (ROE) was -75.9 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at -13.3 %. This indicates that the company's debt surpasses the value of its total assets, posing significant financial risk. Hoff Commerce 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
202120222023
Volume
Net sales28.2038.2479.14
Gross profit-15.04-9.85-35.95
EBIT-17.51-9.85-35.95
Net earnings-13.68-7.78-42.00
Shareholders equity total36.3222.61-13.45
Balance sheet total (assets)64.7156.1288.07
Net debt6.68-16.91-10.21
Profitability
EBIT-%-62.1 %-25.8 %-45.4 %
ROA-27.1 %-16.3 %-45.6 %
ROE-37.7 %-26.4 %-75.9 %
ROI-28.6 %-23.5 %-318.1 %
Economic value added (EVA)-13.66-8.61-42.26
Solvency
Equity ratio56.1 %40.3 %-13.3 %
Gearing68.8 %
Relative net indebtedness %35.7 %43.4 %115.4 %
Liquidity
Quick ratio0.80.50.1
Current ratio2.31.70.9
Cash and cash equivalents18.3216.9110.21
Capital use efficiency
Trade debtors turnover (days)8.9
Net working capital %128.8 %59.1 %-17.0 %
Credit risk
Credit ratingBBB

Variable visualization

ROA:-45.6%
Rating: 0/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:-13.3%
Rating: 0/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer
Chief executive officer

Companies in the same industry

Build time: 2024-10-21T13:51:26.142Z

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