I/S Hatten 2 — Credit Rating and Financial Key Figures
Credit rating
Company information
About I/S Hatten 2
I/S Hatten 2 (CVR number: 34305374) is a company from ROSKILDE. The company reported a net sales of 0.2 mEUR in 2023, demonstrating a decline of -38.1 % compared to the previous year. The operating profit percentage was poor at -9.6 % (EBIT: -0 mEUR), while net earnings were -21.1 kEUR. The profitability of the company measured by Return on Assets (ROA) was -3 %, which can be considered poor and Return on Equity (ROE) was -3.3 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 94.3 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. I/S Hatten 2's liquidity measured by quick ratio was 10.3 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 financialsNet sales (kEUR)
EBIT (kEUR)
Profitability
Solidity
Key figures (kEUR)
See financials2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|
Volume | ||||
Net sales | 277.63 | 258.78 | 355.39 | 219.89 |
Gross profit | 200.53 | 179.87 | 276.37 | 74.54 |
EBIT | 117.43 | 84.28 | 180.78 | -21.05 |
Net earnings | 91.19 | 47.86 | 177.92 | -21.12 |
Shareholders equity total | 675.18 | 613.05 | 517.16 | 750.82 |
Balance sheet total (assets) | 701.29 | 684.27 | 600.72 | 795.87 |
Net debt | -38.52 | -58.79 | - 117.56 | - 102.53 |
Profitability | ||||
EBIT-% | 42.3 % | 32.6 % | 50.9 % | -9.6 % |
ROA | 16.7 % | 12.2 % | 28.1 % | -3.0 % |
ROE | 13.5 % | 7.4 % | 31.5 % | -3.3 % |
ROI | 17.4 % | 13.1 % | 32.0 % | -3.3 % |
Economic value added (EVA) | 105.59 | 17.92 | 152.93 | -41.13 |
Solvency | ||||
Equity ratio | 96.3 % | 89.6 % | 86.1 % | 94.3 % |
Gearing | ||||
Relative net indebtedness % | -4.5 % | 4.8 % | -9.6 % | -26.1 % |
Liquidity | ||||
Quick ratio | 3.2 | 2.3 | 2.1 | 10.3 |
Current ratio | 3.2 | 2.3 | 2.1 | 10.3 |
Cash and cash equivalents | 38.52 | 58.79 | 117.56 | 102.53 |
Capital use efficiency | ||||
Trade debtors turnover (days) | 39.8 | 99.6 | 34.1 | 27.1 |
Net working capital % | 21.0 % | 35.5 % | 25.8 % | 191.4 % |
Credit risk | ||||
Credit rating | BBB | BBB | BBB | BBB |
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