HVIRRING SMEDE- OG MASKINFABRIK ApS — Credit Rating and Financial Key Figures

CVR number: 25192478
Mekuvej 4, Dortheasminde 7171 Uldum

Credit rating

Company information

Official name
HVIRRING SMEDE- OG MASKINFABRIK ApS
Personnel
7 persons
Established
2000
Domicile
Dortheasminde
Company form
Private limited company
Industry
  • Expand more icon25Manufacture of fabricated metal products, except machinery and equipment

About HVIRRING SMEDE- OG MASKINFABRIK ApS

HVIRRING SMEDE- OG MASKINFABRIK ApS (CVR number: 25192478) is a company from HEDENSTED. The company recorded a gross profit of 7189 kDKK in 2023. The operating profit was 2610.5 kDKK, while net earnings were 1997.8 kDKK. The profitability of the company measured by Return on Assets (ROA) was 19.4 %, which can be considered excellent and Return on Equity (ROE) was 22.6 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 64.1 %, a level that can be considered to be good. This shows that a large part of the company's assets are funded by shareholders' equity, reducing financial risk. HVIRRING SMEDE- OG MASKINFABRIK ApS's liquidity measured by quick ratio was 2.6 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
2019
2020
2021
2022
2023
Volume
Net sales
Gross profit5 598.224 366.465 811.055 060.107 189.04
EBIT606.43253.48721.86541.032 610.46
Net earnings441.31172.63432.07367.281 997.82
Shareholders equity total7 181.667 054.297 486.357 853.649 851.46
Balance sheet total (assets)13 008.6512 680.9612 012.8811 683.6215 357.61
Net debt761.762 517.912 103.011 464.14308.17
Profitability
EBIT-%
ROA4.7 %2.2 %5.4 %4.7 %19.4 %
ROE6.1 %2.4 %5.9 %4.8 %22.6 %
ROI5.8 %2.7 %6.3 %5.3 %23.6 %
Economic value added (EVA)1.54- 189.4496.56-42.791 622.43
Solvency
Equity ratio55.2 %55.6 %62.3 %67.2 %64.1 %
Gearing39.6 %37.2 %28.1 %23.2 %17.3 %
Relative net indebtedness %
Liquidity
Quick ratio1.61.11.21.42.6
Current ratio2.32.02.33.42.7
Cash and cash equivalents2 085.27105.731.27354.371 391.99
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingAAAAA

Variable visualization

ROA:19.4%
Rating: 73/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:64.1%
Rating: 49/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

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