HUST INNOVATION A/S — Credit Rating and Financial Key Figures

CVR number: 10154804
Marsvej 6, 7430 Ikast

Company information

Official name
HUST INNOVATION A/S
Established
1986
Company form
Limited company
Industry

About HUST INNOVATION A/S

HUST INNOVATION A/S (CVR number: 10154804) is a company from IKAST-BRANDE. The company recorded a gross profit of -9 kDKK in 2023. The operating profit was -9 kDKK, while net earnings were 1.7 kDKK. The profitability of the company measured by Return on Assets (ROA) was 0.2 %, which can be considered weak and Return on Equity (ROE) was 0.1 %, which can be considered weak. The equity ratio, a key indicator for solidity, stood at 99.4 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. HUST INNOVATION A/S's liquidity measured by quick ratio was 176.2 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
2019
2020
2021
2022
2023
Volume
Net sales
Gross profit-34.53-6.92-6.19-6.37-9.05
EBIT-41.03-6.92-6.19-6.37-9.05
Net earnings-37.70-2.641 088.52-0.581.71
Shareholders equity total223.38220.741 309.261 308.681 310.39
Balance sheet total (assets)228.38225.741 314.261 313.681 317.87
Net debt-13.70-6.73-8.09-1.76-1.71
Profitability
EBIT-%
ROA-15.2 %-1.2 %-0.5 %-0.1 %0.2 %
ROE-15.6 %-1.2 %142.3 %-0.0 %0.1 %
ROI-15.6 %-1.2 %-0.5 %-0.1 %0.2 %
Economic value added (EVA)-54.08-17.46-16.95-71.75-74.72
Solvency
Equity ratio97.8 %97.8 %99.6 %99.6 %99.4 %
Gearing
Relative net indebtedness %
Liquidity
Quick ratio45.745.1262.9262.7176.2
Current ratio45.745.1262.9262.7176.2
Cash and cash equivalents13.706.738.091.761.71
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBB

Variable visualization

ROA:0.17%
Rating: 21/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:99.4%
Rating: 91/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chairman of the board
Board member

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