Credit rating
Company information
About HG INDUSTRI ApS
HG INDUSTRI ApS (CVR number: 36491019) is a company from VARDE. The company recorded a gross profit of 213.4 kDKK in 2022. The operating profit was -26 kDKK, while net earnings were -21.8 kDKK. The profitability of the company measured by Return on Assets (ROA) was -7.2 %, which can be considered poor and Return on Equity (ROE) was -25 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 27.5 %, 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 1.2 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 financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2018 | 2019 | 2020 | 2021 | 2022 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | |||||
Gross profit | 644.67 | 328.13 | 576.65 | 8.69 | 213.41 |
EBIT | 387.28 | - 104.67 | 302.70 | - 252.96 | -25.99 |
Net earnings | 256.54 | - 101.97 | 209.83 | - 200.85 | -21.76 |
Shareholders equity total | 191.09 | 89.12 | 298.95 | 98.10 | 76.34 |
Balance sheet total (assets) | 967.69 | 677.70 | 790.26 | 359.77 | 277.95 |
Net debt | 403.83 | 373.75 | -63.40 | 56.91 | 31.82 |
Profitability | |||||
EBIT-% | |||||
ROA | 38.5 % | -12.7 % | 42.5 % | -43.4 % | -7.2 % |
ROE | 43.9 % | -72.8 % | 108.1 % | -101.2 % | -25.0 % |
ROI | 59.8 % | -17.5 % | 63.3 % | -71.6 % | -11.4 % |
Economic value added (EVA) | 306.34 | -89.11 | 234.37 | - 201.47 | -21.08 |
Solvency | |||||
Equity ratio | 19.7 % | 13.2 % | 37.8 % | 27.3 % | 27.5 % |
Gearing | 248.8 % | 488.7 % | 53.9 % | 141.7 % | 120.8 % |
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 0.4 | 0.5 | 1.4 | 1.1 | 1.2 |
Current ratio | 0.5 | 0.7 | 1.4 | 1.1 | 1.2 |
Cash and cash equivalents | 71.52 | 61.80 | 224.59 | 82.11 | 60.38 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | BB | BB | BB | B | B |
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