HINGE ApS
Credit rating
Company information
About HINGE ApS
HINGE ApS (CVR number: 35631143) is a company from FREDERICIA. The company recorded a gross profit of 40.9 kDKK in 2023. The operating profit was -874.7 kDKK, while net earnings were -675.2 kDKK. The profitability of the company measured by Return on Assets (ROA) was -20.5 %, which can be considered poor and Return on Equity (ROE) was -26.9 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 41.9 %, 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. HINGE ApS's liquidity measured by quick ratio was 2.5 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 financials2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | |||||
Gross profit | 8 268.89 | 5 911.00 | 2 566.00 | 2 812.00 | 40.87 |
EBIT | 460.74 | -1 608.00 | - 767.00 | 958.00 | - 874.65 |
Net earnings | 374.16 | -1 642.00 | - 592.00 | 728.00 | - 675.17 |
Shareholders equity total | 5 600.93 | 3 959.00 | 3 367.00 | 4 095.00 | 919.44 |
Balance sheet total (assets) | 9 876.60 | 8 938.00 | 7 696.00 | 5 791.00 | 2 192.35 |
Net debt | - 263.19 | -2 338.00 | -11.00 | - 260.00 | 257.03 |
Profitability | |||||
EBIT-% | |||||
ROA | 5.2 % | -16.4 % | -8.1 % | 15.7 % | -20.5 % |
ROE | 6.9 % | -34.4 % | -16.2 % | 19.5 % | -26.9 % |
ROI | 8.4 % | -27.8 % | -13.9 % | 21.9 % | -23.5 % |
Economic value added (EVA) | 226.53 | -1 852.75 | - 675.58 | 596.73 | - 860.06 |
Solvency | |||||
Equity ratio | 56.7 % | 44.3 % | 43.8 % | 70.7 % | 41.9 % |
Gearing | 8.3 % | 10.2 % | 18.9 % | 8.0 % | 49.9 % |
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 1.9 | 1.7 | 1.7 | 4.6 | 2.5 |
Current ratio | 2.1 | 1.9 | 1.9 | 5.2 | 2.9 |
Cash and cash equivalents | 730.28 | 2 742.00 | 648.00 | 589.00 | 201.37 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | BBB | BB | BB | BBB | BB |
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