HPS, VARDE A/S — Credit Rating and Financial Key Figures

CVR number: 36409428
Riisagers Vej 7, 6800 Varde
strandvejen116@privar.dk
tel: 75220847

Company information

Official name
HPS, VARDE A/S
Established
1939
Company form
Limited company
Industry

About HPS, VARDE A/S

HPS, VARDE A/S (CVR number: 36409428) is a company from VARDE. The company recorded a gross profit of -24.8 kDKK in 2022. The operating profit was -44.8 kDKK, while net earnings were -65.5 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 -6.4 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 97.7 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. HPS, VARDE A/S's liquidity measured by quick ratio was 44.2 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
2018
2019
2020
2021
2022
Volume
Net sales
Gross profit2 240.7214 628.94163.27-49.67-24.75
EBIT1 150.5213 357.95158.79-49.67-44.75
Net earnings890.1711 230.7044.04-26.10-65.48
Shareholders equity total7 525.7518 540.452 584.491 058.39992.91
Balance sheet total (assets)12 043.0824 298.942 620.691 081.391 015.92
Net debt1 023.33616.64-2 362.67- 810.43- 917.56
Profitability
EBIT-%
ROA10.6 %73.8 %1.3 %-0.8 %-3.9 %
ROE12.4 %86.2 %0.4 %-1.4 %-6.4 %
ROI11.4 %85.4 %1.5 %-0.8 %-4.0 %
Economic value added (EVA)485.3410 875.21- 785.29-60.82-57.21
Solvency
Equity ratio62.5 %76.3 %98.6 %97.9 %97.7 %
Gearing30.3 %9.3 %
Relative net indebtedness %
Liquidity
Quick ratio0.94.265.537.244.2
Current ratio1.14.272.447.044.2
Cash and cash equivalents1 259.401 107.942 362.67810.43917.56
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingAABBBBB

Variable visualization

ROA:-3.92%
Rating: 16/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:97.7%
Rating: 79/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

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