Credit rating
Company information
About HØRKÆRVEJ 11 ApS
HØRKÆRVEJ 11 ApS (CVR number: 30605071) is a company from MIDDELFART. The company recorded a gross profit of 2.5 kDKK in 2018. The operating profit was -40.5 kDKK, while net earnings were -48.2 kDKK. The profitability of the company measured by Return on Assets (ROA) was -36.8 %, which can be considered poor and Return on Equity (ROE) was -59.5 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at -47.6 %. This indicates that the company's debt surpasses the value of its total assets, posing significant financial risk. HØRKÆRVEJ 11 ApS'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 financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2016 | 2017 | 2018 | |
---|---|---|---|
Volume | |||
Net sales | |||
Gross profit | 0.20 | 4.23 | 2.46 |
EBIT | 18.07 | -6.70 | -40.52 |
Net earnings | -8.47 | -2.34 | -48.22 |
Shareholders equity total | -2.57 | -4.91 | -53.13 |
Balance sheet total (assets) | 110.09 | 103.61 | 58.42 |
Net debt | -10.58 | -7.89 | 36.18 |
Profitability | |||
EBIT-% | |||
ROA | 25.2 % | 1.9 % | -36.8 % |
ROE | -7.7 % | -2.2 % | -59.5 % |
ROI | 31.3 % | 2.3 % | -43.1 % |
Economic value added (EVA) | 18.07 | -1.47 | -35.13 |
Solvency | |||
Equity ratio | -2.3 % | -4.5 % | -47.6 % |
Gearing | -3537.7 % | -1924.2 % | -175.8 % |
Relative net indebtedness % | |||
Liquidity | |||
Quick ratio | 1.0 | 1.0 | 0.5 |
Current ratio | 1.0 | 1.0 | 0.5 |
Cash and cash equivalents | 101.46 | 102.41 | 57.22 |
Capital use efficiency | |||
Trade debtors turnover (days) | |||
Net working capital % | |||
Credit risk | |||
Credit rating | C | B | B |
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