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HG INDUSTRI ApS — Credit Rating and Financial Key Figures

CVR number: 36491019
Krusbjergvej 7 B, 6870 Ølgod
Free credit report Annual report

Company information

Official name
HG INDUSTRI ApS
Personnel
3 persons
Established
2015
Company form
Private limited company
Industry

About HG INDUSTRI ApS

HG INDUSTRI ApS (CVR number: 36491019) is a company from VARDE. The company recorded a gross profit of 307.7 kDKK in 2024. The operating profit was 106.1 kDKK, while net earnings were 77.8 kDKK. The profitability of the company measured by Return on Assets (ROA) was 34 %, which can be considered excellent and Return on Equity (ROE) was 109.2 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 31.9 %, a level that can be considered to be low. This means a higher proportion of debt in its capital structure, indicating a greater reliance on borrowed funds. HG INDUSTRI ApS's liquidity measured by quick ratio was 1.5 which is at a high level. Thus, the company is in a strong financial position, with liquid assets surpassing current liabilities. It is well-prepared to cover short-term financial obligations.

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 profit576.658.69240.82250.28307.66
EBIT302.70- 252.96-25.99-52.46106.06
Net earnings209.83- 200.85-21.76-44.0277.80
Shareholders equity total298.9598.1076.3432.32110.12
Balance sheet total (assets)790.26359.77277.95307.36345.27
Net debt-63.4056.9131.82101.12-53.71
Profitability
EBIT-%
ROA42.5 %-43.4 %-7.2 %-16.5 %34.0 %
ROE108.1 %-101.2 %-25.0 %-81.0 %109.2 %
ROI63.3 %-71.6 %-11.4 %-23.2 %50.9 %
Economic value added (EVA)209.37- 220.85-32.19-49.5369.96
Solvency
Equity ratio37.8 %27.3 %27.5 %10.5 %31.9 %
Gearing53.9 %141.7 %120.8 %666.1 %70.5 %
Relative net indebtedness %
Liquidity
Quick ratio1.41.11.21.11.5
Current ratio1.41.11.21.11.5
Cash and cash equivalents224.5982.1160.38114.14131.35
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBB

Variable visualization

ROA:34.0%
Rating: 86/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:31.9%
Rating: 28/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

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