H+H Kirstinehøj ApS — Credit Rating and Financial Key Figures

CVR number: 38800108
Tømmergravsgade 4 B, 2450 København SV
chris@madebyhand.dk
tel: 20207229

Company information

Official name
H+H Kirstinehøj ApS
Established
2017
Company form
Private limited company
Industry

About H+H Kirstinehøj ApS

H+H Kirstinehøj ApS (CVR number: 38800108) is a company from KØBENHAVN. The company recorded a gross profit of 195.5 kDKK in 2020. The operating profit was 2937.7 kDKK, while net earnings were 2133.1 kDKK. The profitability of the company measured by Return on Assets (ROA) was 30.9 %, which can be considered excellent and Return on Equity (ROE) was 43.5 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 16.2 %, a level that can be considered to be very low. This means the company is highly leveraged, with most assets financed through debt. This high level of financial risk could pose challenges in periods of financial distress or rising interest rates. H+H Kirstinehøj ApS's liquidity measured by quick ratio was 0 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
2018
2019
2020
Volume
Net sales
Gross profit125.587.56195.51
EBIT-30.51- 166.232 937.67
Net earnings- 166.68- 284.882 133.07
Shareholders equity total- 139.26- 424.131 708.93
Balance sheet total (assets)8 393.118 091.5710 527.20
Net debt8 024.098 250.618 285.67
Profitability
EBIT-%
ROA-0.4 %-2.0 %30.9 %
ROE-2.0 %-3.5 %43.5 %
ROI-0.4 %-2.0 %31.3 %
Economic value added (EVA)-23.79- 312.162 124.43
Solvency
Equity ratio-1.6 %-5.0 %16.2 %
Gearing-6019.0 %-1963.9 %484.8 %
Relative net indebtedness %
Liquidity
Quick ratio1.40.6
Current ratio1.40.6
Cash and cash equivalents357.7679.00
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBA

Variable visualization

ROA:30.9%
Rating: 84/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:16.2%
Rating: 16/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

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