Hessel Trucks A/S — Credit Rating and Financial Key Figures

CVR number: 42824909
Jyllandsvej 4, 7330 Brande

Credit rating

Company information

Official name
Hessel Trucks A/S
Personnel
28 persons
Established
2021
Company form
Limited company
Industry

About Hessel Trucks A/S

Hessel Trucks A/S (CVR number: 42824909) is a company from IKAST-BRANDE. The company recorded a gross profit of 16 mDKK in 2024. The operating profit was 1005.1 kDKK, while net earnings were 4537.8 kDKK. The profitability of the company measured by Return on Assets (ROA) was 2.9 %, which can be considered weak but Return on Equity (ROE) was 14.5 %, which can be considered good. The equity ratio, a key indicator for solidity, stood at 14.4 %, a level that can be considered to be very low. This means the company is highly leveraged, with most assets financed through debt. This high level of financial risk could pose challenges in periods of financial distress or rising interest rates. Hessel Trucks A/S'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 financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2022
2023
2024
Volume
Net sales
Gross profit-19 070.2430 281.5416 020.53
EBIT-43 685.9316 500.441 005.12
Net earnings12 994.134 537.84
Shareholders equity total16 035.3729 029.5033 567.34
Balance sheet total (assets)239 125.23329 084.04233 172.38
Net debt54 167.6660 756.5160 544.30
Profitability
EBIT-%
ROA-18.3 %6.5 %2.9 %
ROE57.7 %14.5 %
ROI-62.1 %22.8 %8.9 %
Economic value added (EVA)-31 017.018 525.18-3 763.88
Solvency
Equity ratio6.3 %8.8 %14.4 %
Gearing338.8 %211.3 %180.4 %
Relative net indebtedness %
Liquidity
Quick ratio1.11.11.2
Current ratio1.11.11.2
Cash and cash equivalents162.68580.86
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBB

Variable visualization

ROA:2.92%
Rating: 35/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:14.4%
Rating: 14/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chairman of the board
Board member

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