HØRKÆRVEJ 11 ApS

CVR number: 30605071
Hørkærvej 11, 5591 Gelsted
andersen@dlgmail.dk

Credit rating

Company information

Official name
HØRKÆRVEJ 11 ApS
Established
2007
Company form
Private limited company
Industry
  • Expand more icon17Manufacture of paper and paper products

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 financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
201620172018
Volume
Net sales
Gross profit0.204.232.46
EBIT18.07-6.70-40.52
Net earnings-8.47-2.34-48.22
Shareholders equity total-2.57-4.91-53.13
Balance sheet total (assets)110.09103.6158.42
Net debt-10.58-7.8936.18
Profitability
EBIT-%
ROA25.2 %1.9 %-36.8 %
ROE-7.7 %-2.2 %-59.5 %
ROI31.3 %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 ratio1.01.00.5
Current ratio1.01.00.5
Cash and cash equivalents101.46102.4157.22
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingCBB

Variable visualization

ROA:-36.8%
Rating: 0/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:-47.6%
Rating: 0/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Companies in the same industry

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