HEDEVANG ApS — Credit Rating and Financial Key Figures

CVR number: 32095623
Gatten Møllevej 61, Gatten 9640 Farsø

Credit rating

Company information

Official name
HEDEVANG ApS
Personnel
23 persons
Established
2009
Domicile
Gatten
Company form
Private limited company
Industry
  • Expand more icon01Crop and animal production, hunting and related service activities

About HEDEVANG ApS

HEDEVANG ApS (CVR number: 32095623) is a company from VESTHIMMERLANDS. The company recorded a gross profit of 7506.4 kDKK in 2018. The operating profit was 1184.7 kDKK, while net earnings were -846 kDKK. The profitability of the company measured by Return on Assets (ROA) was 1 %, which can be considered weak but Return on Equity (ROE) was -0.9 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at -18.3 %. This indicates that the company's debt surpasses the value of its total assets, posing significant financial risk. HEDEVANG ApS's liquidity measured by quick ratio was 0.6 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 profit2 679.6612 200.887 506.41
EBIT-4 566.495 842.861 184.74
Net earnings-5 803.144 944.59- 845.98
Shareholders equity total-24 748.41-19 803.82-20 649.80
Balance sheet total (assets)90 890.5795 369.5092 165.50
Net debt109 696.26108 642.92104 446.63
Profitability
EBIT-%
ROA-3.9 %5.1 %1.0 %
ROE-6.4 %5.3 %-0.9 %
ROI-4.1 %5.3 %1.1 %
Economic value added (EVA)-4 651.191 596.82-3 201.61
Solvency
Equity ratio-21.4 %-17.2 %-18.3 %
Gearing-446.7 %-556.3 %-509.2 %
Relative net indebtedness %
Liquidity
Quick ratio0.61.10.6
Current ratio1.41.80.9
Cash and cash equivalents860.421 525.10710.26
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBABBB

Variable visualization

ROA:1.04%
Rating: 25/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:-18.3%
Rating: 0/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

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