Handelsselskabet af 7. april 2020 A/S — Credit Rating and Financial Key Figures

CVR number: 35857966
Bådebrogade 2, 6700 Esbjerg

Credit rating

Company information

Official name
Handelsselskabet af 7. april 2020 A/S
Established
2014
Company form
Limited company
Industry
  • Expand more icon10Manufacture of food products

About Handelsselskabet af 7. april 2020 A/S

Handelsselskabet af 7. april 2020 A/S (CVR number: 35857966) is a company from ESBJERG. The company recorded a gross profit of 7140.6 kDKK in 2018. The operating profit was 865.6 kDKK, while net earnings were 23.5 kDKK. The profitability of the company measured by Return on Assets (ROA) was 4 %, which can be considered decent but Return on Equity (ROE) was 0.1 %, which can be considered weak. The equity ratio, a key indicator for solidity, stood at 9.5 %, a level that can be considered to be very low. This means the company is highly leveraged, with most assets financed through debt. This high level of financial risk could pose challenges in periods of financial distress or rising interest rates. Handelsselskabet af 7. april 2020 A/S's liquidity measured by quick ratio was 0.5 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
2016
2017
2018
Volume
Net sales
Gross profit6 531.845 259.697 140.63
EBIT714.84-1 027.03865.63
Net earnings123.95552.4823.51
Shareholders equity total-1 666.75-1 260.91-1 177.40
Balance sheet total (assets)22 939.1717 253.5923 769.74
Net debt16 651.2212 660.8316 644.64
Profitability
EBIT-%
ROA2.9 %7.0 %4.0 %
ROE0.5 %2.7 %0.1 %
ROI3.7 %9.0 %5.7 %
Economic value added (EVA)494.05- 670.37665.46
Solvency
Equity ratio18.9 %12.6 %9.5 %
Gearing-1050.2 %-1007.2 %-1421.2 %
Relative net indebtedness %
Liquidity
Quick ratio0.80.60.5
Current ratio1.21.11.0
Cash and cash equivalents853.0039.2388.51
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBB

Variable visualization

ROA:4.04%
Rating: 40/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:9.51%
Rating: 10/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Companies in the same industry

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