HG SERVICE A/S
Credit rating
Company information
About HG SERVICE A/S
HG SERVICE A/S (CVR number: 27457436) is a company from KØBENHAVN. The company recorded a gross profit of 5562.1 kDKK in 2023. The operating profit was 3.3 kDKK, while net earnings were -0.9 kDKK. The profitability of the company measured by Return on Assets (ROA) was 0.4 %, which can be considered weak but Return on Equity (ROE) was -0.1 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 23 %, 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. HG SERVICE A/S's liquidity measured by quick ratio was 1.3 which is at a high level. Thus, the company is in a strong financial position, with liquid assets surpassing current liabilities. It is well-prepared to cover short-term financial obligations.
Financial information
See financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | |||||
Gross profit | 5 523.95 | 5 745.24 | 5 317.69 | 6 314.98 | 5 562.09 |
EBIT | 503.10 | 510.86 | 300.30 | 968.71 | 3.32 |
Net earnings | 384.57 | 396.61 | 233.98 | 756.12 | -0.93 |
Shareholders equity total | 1 306.03 | 1 452.65 | 1 436.63 | 1 493.59 | 792.65 |
Balance sheet total (assets) | 3 790.95 | 5 032.20 | 3 753.22 | 3 992.15 | 3 449.61 |
Net debt | -1 339.24 | -1 437.36 | - 202.49 | - 985.32 | - 704.95 |
Profitability | |||||
EBIT-% | |||||
ROA | 15.2 % | 11.8 % | 7.2 % | 25.4 % | 0.4 % |
ROE | 31.0 % | 28.8 % | 16.2 % | 51.6 % | -0.1 % |
ROI | 37.1 % | 36.1 % | 21.4 % | 62.9 % | 1.1 % |
Economic value added (EVA) | 374.54 | 391.22 | 228.69 | 691.91 | -17.77 |
Solvency | |||||
Equity ratio | 34.5 % | 28.9 % | 38.3 % | 37.4 % | 23.0 % |
Gearing | 0.1 % | 7.2 % | 10.2 % | ||
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 1.5 | 1.4 | 1.6 | 1.7 | 1.3 |
Current ratio | 1.6 | 1.4 | 1.7 | 1.7 | 1.3 |
Cash and cash equivalents | 1 340.04 | 1 437.36 | 202.49 | 1 093.19 | 785.49 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | BBB | BB | BB | BBB | BB |
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