JØRGEN SOLSØ HINDHEDE ApS — Credit Rating and Financial Key Figures

CVR number: 34885591
Skovvejen 3, 6900 Skjern

Credit rating

Company information

Official name
JØRGEN SOLSØ HINDHEDE ApS
Established
2012
Company form
Private limited company
Industry

About JØRGEN SOLSØ HINDHEDE ApS

JØRGEN SOLSØ HINDHEDE ApS (CVR number: 34885591) is a company from RINGKØBING-SKJERN. The company recorded a gross profit of -7.1 kDKK in 2021. The operating profit was -7.1 kDKK, while net earnings were -9 kDKK. The profitability of the company measured by Return on Assets (ROA) was -3.9 %, which can be considered poor and Return on Equity (ROE) was -24.5 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 24.7 %, a level that can be considered to be low. This means a higher proportion of debt in its capital structure, indicating a greater reliance on borrowed funds. JØRGEN SOLSØ HINDHEDE ApS's liquidity measured by quick ratio was 0.4 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
2017
2018
2019
2020
2021
Volume
Net sales
Gross profit-3.47-7.39-4.86-4.47-7.13
EBIT-3.47-7.39-4.86-4.47-7.13
Net earnings-5.06-6.33-1.38-1.92-9.01
Shareholders equity total50.8744.5443.1641.2332.22
Balance sheet total (assets)135.99132.66134.39135.92130.64
Net debt51.7051.4151.8446.5549.05
Profitability
EBIT-%
ROA-1.6 %-2.5 %1.5 %1.1 %-3.9 %
ROE-9.5 %-13.3 %-3.2 %-4.6 %-24.5 %
ROI-1.7 %-2.7 %1.6 %1.2 %-4.0 %
Economic value added (EVA)-5.33-8.78-5.76-4.91-7.04
Solvency
Equity ratio37.4 %33.6 %32.1 %30.3 %24.7 %
Gearing147.5 %175.2 %199.8 %217.5 %289.4 %
Relative net indebtedness %
Liquidity
Quick ratio0.30.30.40.50.4
Current ratio0.30.30.40.50.4
Cash and cash equivalents23.3526.6334.4043.1344.21
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBBBBBBBB

Variable visualization

ROA:-3.88%
Rating: 16/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:24.7%
Rating: 23/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

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