Udviklingshuset Heart-Work ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About Udviklingshuset Heart-Work ApS
Udviklingshuset Heart-Work ApS (CVR number: 37603082) is a company from HORSENS. The company recorded a gross profit of -6 kDKK in 2020. The operating profit was -151 kDKK, while net earnings were -151.7 kDKK. The profitability of the company measured by Return on Assets (ROA) was -133.2 %, which can be considered poor and Return on Equity (ROE) was -169.7 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 45.9 %, a level that can be considered to be modest. This means a balanced mix of debt and equity financing its assets—a typical operational level for many companies. Udviklingshuset Heart-Work ApS's liquidity measured by quick ratio was 1.8 which is at a very high level. Thus, the company demonstrates exceptional financial stability, possessing a significant surplus of liquid assets over its short-term liabilities.
Financial information
See financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2016 | 2017 | 2018 | 2019 | 2020 | |
|---|---|---|---|---|---|
| Volume | |||||
| Net sales | |||||
| Gross profit | 77.28 | 49.65 | 54.04 | 23.01 | -6.02 |
| EBIT | 33.36 | 13.88 | 22.31 | -32.33 | - 151.04 |
| Net earnings | 25.16 | 10.88 | 17.41 | -33.18 | - 151.74 |
| Shareholders equity total | 150.16 | 161.03 | 178.44 | 145.26 | 33.52 |
| Balance sheet total (assets) | 180.40 | 183.84 | 202.29 | 153.82 | 73.04 |
| Net debt | - 179.36 | - 146.07 | - 193.35 | - 150.10 | -18.40 |
| Profitability | |||||
| EBIT-% | |||||
| ROA | 18.5 % | 7.6 % | 11.6 % | -18.2 % | -133.2 % |
| ROE | 16.8 % | 7.0 % | 10.3 % | -20.5 % | -169.7 % |
| ROI | 22.2 % | 8.7 % | 12.8 % | -19.8 % | -154.6 % |
| Economic value added (EVA) | 25.16 | 12.34 | 17.07 | -31.58 | - 150.62 |
| Solvency | |||||
| Equity ratio | 83.2 % | 87.6 % | 88.2 % | 94.4 % | 45.9 % |
| Gearing | 5.1 % | 2.5 % | 39.0 % | ||
| Relative net indebtedness % | |||||
| Liquidity | |||||
| Quick ratio | 6.0 | 8.1 | 8.5 | 18.0 | 1.8 |
| Current ratio | 6.0 | 8.1 | 8.5 | 18.0 | 1.8 |
| Cash and cash equivalents | 179.36 | 154.28 | 193.35 | 153.67 | 31.46 |
| Capital use efficiency | |||||
| Trade debtors turnover (days) | |||||
| Net working capital % | |||||
| Credit risk | |||||
| Credit rating | B | B | B | B | B |
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