HV44 FINANS ApS — Credit Rating and Financial Key Figures

CVR number: 32654568
Holbergsvej 44, 8752 Østbirk

Company information

Official name
HV44 FINANS ApS
Established
2009
Company form
Private limited company
Industry

About HV44 FINANS ApS

HV44 FINANS ApS (CVR number: 32654568) is a company from HORSENS. The company reported a net sales of 0.7 mDKK in 2023, demonstrating a growth of 11.1 % compared to the previous year. The operating profit percentage was at 99.3 % (EBIT: 0.7 mDKK), while net earnings were 2.3 kDKK. The profitability of the company measured by Return on Assets (ROA) was 8.2 %, which can be considered good but Return on Equity (ROE) was 0 %, which can be considered weak. The equity ratio, a key indicator for solidity, stood at 96.4 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. HV44 FINANS ApS's liquidity measured by quick ratio was 15.5 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 financials

Net sales (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2019
2020
2021
2022
2023
Volume
Net sales630.00630.00700.00630.00700.00
Gross profit622.37621.04686.80621.04695.03
EBIT622.37621.04686.80621.04695.03
Net earnings1 372.301 594.31221.911 538.232.26
Shareholders equity total6 948.288 342.598 214.509 422.409 024.36
Balance sheet total (assets)7 664.929 066.018 288.879 841.929 359.90
Net debt-2 938.40-4 382.50-3 905.01-5 376.48-4 267.88
Profitability
EBIT-%98.8 %98.6 %98.1 %98.6 %99.3 %
ROA22.6 %22.4 %8.9 %19.8 %8.2 %
ROE21.4 %20.9 %2.7 %17.4 %0.0 %
ROI24.4 %24.4 %9.3 %20.3 %8.4 %
Economic value added (EVA)539.76537.22500.99525.12499.45
Solvency
Equity ratio90.7 %92.0 %99.1 %95.7 %96.4 %
Gearing0.7 %0.0 %3.7 %
Relative net indebtedness %-352.7 %-590.5 %-547.2 %-786.8 %-608.8 %
Liquidity
Quick ratio4.96.855.413.515.5
Current ratio4.96.855.413.515.5
Cash and cash equivalents2 938.404 443.533 905.105 376.484 597.42
Capital use efficiency
Trade debtors turnover (days)
Net working capital %-22.8 %-41.6 %22.0 %-17.5 %39.3 %
Credit risk
Credit ratingAAAAAAAA

Variable visualization

ROA:8.21%
Rating: 52/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:96.4%
Rating: 77/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

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