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HHO HOLDING ApS — Credit Rating and Financial Key Figures

CVR number: 31594081
Havremarken 11, 7730 Hanstholm
Free credit report Annual report

Company information

Official name
HHO HOLDING ApS
Established
2008
Company form
Private limited company
Industry

About HHO HOLDING ApS

HHO HOLDING ApS (CVR number: 31594081) is a company from THISTED. The company recorded a gross profit of 85 kDKK in 2024. The operating profit was -39.2 kDKK, while net earnings were 2368.2 kDKK. The profitability of the company measured by Return on Assets (ROA) was 15.4 %, which can be considered excellent but Return on Equity (ROE) was 14.7 %, which can be considered good. The equity ratio, a key indicator for solidity, stood at 99.5 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. HHO HOLDING ApS's liquidity measured by quick ratio was 123.6 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
2020
2021
2022
2023
2024
Volume
Net sales
Gross profit59.6760.67111.8115.1985.00
EBIT-24.33-63.54-12.40- 109.02-39.21
Net earnings120.281 434.53928.92368.742 368.17
Shareholders equity total12 935.8314 257.3515 129.0715 401.2316 769.41
Balance sheet total (assets)13 000.6414 312.3515 184.0715 474.6416 846.28
Net debt-1 937.82-2 060.24-3 489.05-5 674.80-4 123.29
Profitability
EBIT-%
ROA1.4 %10.8 %7.7 %2.9 %15.4 %
ROE0.9 %10.6 %6.3 %2.4 %14.7 %
ROI1.4 %10.8 %7.7 %2.9 %15.4 %
Economic value added (EVA)99.84- 122.49-21.24- 198.17- 465.68
Solvency
Equity ratio99.5 %99.6 %99.6 %99.5 %99.5 %
Gearing0.1 %0.1 %
Relative net indebtedness %
Liquidity
Quick ratio33.342.385.5133.4123.6
Current ratio33.342.385.5133.4123.6
Cash and cash equivalents1 937.822 060.243 489.055 693.214 142.62
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingAAAAAAAAAA

Variable visualization

ROA:15.4%
Rating: 67/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:99.5%
Rating: 93/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

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