Hay - Hay - Haylage ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About Hay - Hay - Haylage ApS
Hay - Hay - Haylage ApS (CVR number: 39430371) is a company from MIDDELFART. The company recorded a gross profit of -237.2 kDKK in 2023. The operating profit was -730.2 kDKK, while net earnings were -591.4 kDKK. The profitability of the company measured by Return on Assets (ROA) was -18.8 %, which can be considered poor and Return on Equity (ROE) was -21.3 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 66.7 %, a level that can be considered to be good. This shows that a large part of the company's assets are funded by shareholders' equity, reducing financial risk. Hay - Hay - Haylage ApS's liquidity measured by quick ratio was 0.5 which is at a low level. Thus, the company may face difficulties in addressing its short-term obligations with its available liquid assets.
Financial information
See financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | |||||
Gross profit | 600.09 | - 491.59 | - 366.82 | - 200.91 | - 237.22 |
EBIT | - 763.52 | - 643.61 | - 764.25 | - 707.36 | - 730.22 |
Net earnings | - 578.94 | - 304.27 | - 795.74 | - 552.49 | - 591.41 |
Shareholders equity total | - 779.95 | -1 084.22 | 3 620.03 | 3 067.55 | 2 476.14 |
Balance sheet total (assets) | 3 746.42 | 4 191.67 | 3 915.23 | 4 040.82 | 3 713.20 |
Net debt | 622.63 | 5 112.97 | - 152.57 | 110.33 | 744.64 |
Profitability | |||||
EBIT-% | |||||
ROA | -6.9 % | -13.1 % | -16.6 % | -17.8 % | -18.8 % |
ROE | -5.5 % | -7.7 % | -20.4 % | -16.5 % | -21.3 % |
ROI | -9.1 % | -14.9 % | -16.7 % | -18.1 % | -19.2 % |
Economic value added (EVA) | - 411.16 | - 280.26 | - 733.55 | - 725.72 | - 700.11 |
Solvency | |||||
Equity ratio | -17.2 % | -20.6 % | 92.5 % | 75.9 % | 66.7 % |
Gearing | -430.7 % | -484.7 % | 18.8 % | 33.7 % | |
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 0.6 | 0.1 | 13.9 | 1.3 | 0.5 |
Current ratio | 0.6 | 0.1 | 17.4 | 1.7 | 1.2 |
Cash and cash equivalents | 2 736.49 | 141.90 | 152.57 | 465.96 | 90.69 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | BB | BBB | BBB | BBB | BBB |
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