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HECTO A/S — Credit Rating and Financial Key Figures
Credit rating
Company information
About HECTO A/S
HECTO A/S (CVR number: 15147601) is a company from RINGKØBING-SKJERN. The company recorded a gross profit of -177.9 kDKK in 2025. The operating profit was -177.9 kDKK, while net earnings were 2385.2 kDKK. The profitability of the company measured by Return on Assets (ROA) was 21.5 %, which can be considered excellent and Return on Equity (ROE) was 24.3 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 32.3 %, 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. HECTO A/S's liquidity measured by quick ratio was 2.8 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 financials2021 | 2022 | 2023 | 2024 | 2025 | |
|---|---|---|---|---|---|
| Volume | |||||
| Net sales | |||||
| Gross profit | - 140.68 | -85.55 | -68.88 | - 228.50 | - 177.91 |
| EBIT | - 140.68 | -85.55 | -68.88 | - 228.50 | - 177.91 |
| Net earnings | 3 493.22 | - 218.17 | 2 774.00 | 3 657.81 | 2 385.16 |
| Shareholders equity total | 6 920.65 | 6 702.48 | 9 476.48 | 13 134.29 | 6 519.45 |
| Balance sheet total (assets) | 21 594.03 | 21 641.90 | 24 335.95 | 27 365.69 | 22 984.92 |
| Net debt | -7 449.19 | -7 137.60 | -9 536.01 | -13 817.71 | -6 326.51 |
| Profitability | |||||
| EBIT-% | |||||
| ROA | 23.6 % | 9.3 % | 18.7 % | 20.8 % | 21.5 % |
| ROE | 67.5 % | -3.2 % | 34.3 % | 32.4 % | 24.3 % |
| ROI | 24.4 % | 9.8 % | 19.4 % | 21.7 % | 22.5 % |
| Economic value added (EVA) | -1 039.60 | -1 113.13 | -1 084.72 | -1 370.96 | -1 434.75 |
| Solvency | |||||
| Equity ratio | 36.2 % | 35.1 % | 42.6 % | 51.3 % | 32.3 % |
| Gearing | 198.2 % | 206.2 % | 150.6 % | 96.5 % | 242.3 % |
| Relative net indebtedness % | |||||
| Liquidity | |||||
| Quick ratio | 4.4 | 4.2 | 4.8 | 5.0 | 2.8 |
| Current ratio | 4.4 | 4.2 | 4.8 | 5.0 | 2.8 |
| Cash and cash equivalents | 21 168.06 | 20 954.85 | 23 806.94 | 26 492.85 | 22 124.77 |
| Capital use efficiency | |||||
| Trade debtors turnover (days) | |||||
| Net working capital % | |||||
| Credit risk | |||||
| Credit rating | A | A | A | A | A |
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