HVIDBJERG BAGERI ApS

CVR number: 34051607
Enghavevej 2 A, Hvidbjerg 7790 Thyholm
golfmadsen@hotmail.com

Credit rating

Company information

Official name
HVIDBJERG BAGERI ApS
Established
2011
Domicile
Hvidbjerg
Company form
Private limited company
Industry
  • Expand more icon10Manufacture of food products

About the company

HVIDBJERG BAGERI ApS (CVR number: 34051607) is a company from STRUER. The company recorded a gross profit of -4.5 kDKK in 2019. The operating profit was -75.7 kDKK, while net earnings were -36.6 kDKK. The profitability of the company measured by Return on Assets (ROA) was 23.5 %, which can be considered excellent but Return on Equity (ROE) was -5.7 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at -14 %. This indicates that the company's debt surpasses the value of its total assets, posing significant financial risk. HVIDBJERG BAGERI ApS's liquidity measured by quick ratio was 0.3 which is at a very low level. Thus, the company is in an unstable financial position, with its liquid assets significantly undermatching its current liabilities. This severe liquidity deficiency may lead to financial distress and threaten the company's operational continuity.

Financial information

See financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2016201720182019
Volume
Net sales
Gross profit59.0017.9992.97-4.46
EBIT- 165.00- 351.12-46.75-75.69
Net earnings111.00- 283.07-48.86-36.63
Shareholders equity total251.00-32.34-81.20- 143.82
Balance sheet total (assets)912.00773.58395.37884.91
Net debt361.00381.81407.30931.11
Profitability
EBIT-%
ROA9.3 %-40.8 %-7.2 %23.5 %
ROE44.2 %-55.3 %-8.4 %-5.7 %
ROI13.2 %-67.1 %-11.1 %25.7 %
Economic value added (EVA)- 130.31- 281.72-27.48-47.15
Solvency
Equity ratio27.5 %-4.0 %-17.0 %-14.0 %
Gearing151.8 %-1243.6 %-526.7 %-661.6 %
Relative net indebtedness %
Liquidity
Quick ratio0.30.30.20.3
Current ratio0.60.50.20.3
Cash and cash equivalents20.0020.3920.3820.38
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBB

Variable visualization

ROA:23.5%
Rating: 79/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:-14.0%
Rating: 0/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

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