Udviklingshuset Heart-Work ApS — Credit Rating and Financial Key Figures

CVR number: 37603082
Torvet 24, 8700 Horsens
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Company information

Official name
Udviklingshuset Heart-Work ApS
Personnel
1 person
Established
2016
Company form
Private limited company
Industry

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 financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2016
2017
2018
2019
2020
Volume
Net sales
Gross profit77.2849.6554.0423.01-6.02
EBIT33.3613.8822.31-32.33- 151.04
Net earnings25.1610.8817.41-33.18- 151.74
Shareholders equity total150.16161.03178.44145.2633.52
Balance sheet total (assets)180.40183.84202.29153.8273.04
Net debt- 179.36- 146.07- 193.35- 150.10-18.40
Profitability
EBIT-%
ROA18.5 %7.6 %11.6 %-18.2 %-133.2 %
ROE16.8 %7.0 %10.3 %-20.5 %-169.7 %
ROI22.2 %8.7 %12.8 %-19.8 %-154.6 %
Economic value added (EVA)25.1612.3417.07-31.58- 150.62
Solvency
Equity ratio83.2 %87.6 %88.2 %94.4 %45.9 %
Gearing5.1 %2.5 %39.0 %
Relative net indebtedness %
Liquidity
Quick ratio6.08.18.518.01.8
Current ratio6.08.18.518.01.8
Cash and cash equivalents179.36154.28193.35153.6731.46
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBB

Variable visualization

ROA:-133.2%
Rating: 0/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:45.9%
Rating: 37/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

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