High Precision systems ApS — Credit Rating and Financial Key Figures

CVR number: 39643537
Falkoner Alle 65, 2000 Frederiksberg
niels@kbdahl.dk
tel: 22373509

Credit rating

Company information

Official name
High Precision systems ApS
Established
2018
Company form
Private limited company
Industry
  • Expand more icon72Scientific research and development

About High Precision systems ApS

High Precision systems ApS (CVR number: 39643537) is a company from FREDERIKSBERG. The company reported a net sales of 0.1 mDKK in 2022, demonstrating a decline of -22.5 % compared to the previous year. The operating profit percentage was at 52.7 % (EBIT: 0 mDKK), while net earnings were 35.3 kDKK. The profitability of the company measured by Return on Assets (ROA) was 35.4 %, which can be considered excellent and Return on Equity (ROE) was 47.4 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at -10.8 %. This indicates that the company's debt surpasses the value of its total assets, posing significant financial risk. High Precision systems ApS's liquidity measured by quick ratio was 0 which is at a very low level. Thus, the company is in an unstable financial position, with its liquid assets significantly undermatching its current liabilities. This severe liquidity deficiency may lead to financial distress and threaten the company's operational continuity.

Financial information

See financials

Net sales (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2018
2019
2020
2021
2022
Volume
Net sales43.8986.3866.98
Gross profit-78.04-19.8054.2952.6239.35
EBIT-78.04-20.587.6747.6235.27
Net earnings-78.04-21.577.5446.0735.27
Shareholders equity total-77.04-98.61-91.07-45.01-5.12
Balance sheet total (assets)98.0162.4129.16106.4042.49
Net debt-98.01-62.41-12.47-78.85-2.49
Profitability
EBIT-%-46.9 %55.1 %52.7 %
ROA-44.6 %-12.2 %5.5 %35.1 %35.4 %
ROE-79.6 %-26.9 %16.5 %68.0 %47.4 %
ROI-44.6 %-12.7 %10.2 %
Economic value added (EVA)-78.04-15.7014.6752.8241.49
Solvency
Equity ratio-44.0 %-61.2 %-75.7 %-29.7 %-10.8 %
Gearing
Relative net indebtedness %224.7 %-69.5 %-3.7 %
Liquidity
Quick ratio5.738.04.2
Current ratio5.788.95.7
Cash and cash equivalents98.0162.4112.4778.852.49
Capital use efficiency
Trade debtors turnover (days)
Net working capital %117.2 %101.4 %3.7 %
Credit risk
Credit ratingBBBBBB

Variable visualization

ROA:35.4%
Rating: 86/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:-10.8%
Rating: 0/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

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