HEDEVANG ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
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 financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2016 | 2017 | 2018 | |
---|---|---|---|
Volume | |||
Net sales | |||
Gross profit | 2 679.66 | 12 200.88 | 7 506.41 |
EBIT | -4 566.49 | 5 842.86 | 1 184.74 |
Net earnings | -5 803.14 | 4 944.59 | - 845.98 |
Shareholders equity total | -24 748.41 | -19 803.82 | -20 649.80 |
Balance sheet total (assets) | 90 890.57 | 95 369.50 | 92 165.50 |
Net debt | 109 696.26 | 108 642.92 | 104 446.63 |
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) | -4 651.19 | 1 596.82 | -3 201.61 |
Solvency | |||
Equity ratio | -21.4 % | -17.2 % | -18.3 % |
Gearing | -446.7 % | -556.3 % | -509.2 % |
Relative net indebtedness % | |||
Liquidity | |||
Quick ratio | 0.6 | 1.1 | 0.6 |
Current ratio | 1.4 | 1.8 | 0.9 |
Cash and cash equivalents | 860.42 | 1 525.10 | 710.26 |
Capital use efficiency | |||
Trade debtors turnover (days) | |||
Net working capital % | |||
Credit risk | |||
Credit rating | BBB | A | BBB |
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