Hessel Bus A/S — Credit Rating and Financial Key Figures
Credit rating
Company information
About Hessel Bus A/S
Hessel Bus A/S (CVR number: 33738811) is a company from IKAST-BRANDE. The company recorded a gross profit of 18.8 mDKK in 2023. The operating profit was -809.4 kDKK, while net earnings were -863.3 kDKK. The profitability of the company measured by Return on Assets (ROA) was -0.4 %, which can be considered poor and Return on Equity (ROE) was -1.7 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 41.5 %, a level that can be considered to be modest. This means a balanced mix of debt and equity financing its assets—a typical operational level for many companies. Hessel Bus A/S'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 financialsNet sales (mDKK)
EBIT (mDKK)
Profitability
Solidity
Key figures (mDKK)
See financials2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | 174.94 | 116.31 | 219.78 | ||
Gross profit | 174.94 | 116.31 | 36.32 | 29.51 | 18.75 |
EBIT | 0.13 | 1.10 | 13.46 | 3.12 | -0.81 |
Net earnings | -0.16 | 0.24 | 10.42 | 1.70 | -0.86 |
Shareholders equity total | 24.66 | 24.91 | 35.33 | 37.02 | 65.97 |
Balance sheet total (assets) | 157.98 | 80.26 | 158.98 | ||
Net debt | -16.85 | -6.86 | 25.36 | ||
Profitability | |||||
EBIT-% | 0.1 % | 0.9 % | 6.1 % | ||
ROA | 8.5 % | 2.6 % | -0.4 % | ||
ROE | -0.3 % | 0.5 % | 17.3 % | 4.7 % | -1.7 % |
ROI | 12.2 % | 3.7 % | -0.7 % | ||
Economic value added (EVA) | -1.45 | -0.46 | 9.39 | 5.01 | -1.06 |
Solvency | |||||
Equity ratio | 100.0 % | 100.0 % | 22.4 % | 46.1 % | 41.5 % |
Gearing | 213.5 % | 58.9 % | 39.1 % | ||
Relative net indebtedness % | 13.7 % | ||||
Liquidity | |||||
Quick ratio | 0.9 | 0.9 | 1.5 | ||
Current ratio | 1.1 | 1.5 | 1.9 | ||
Cash and cash equivalents | 92.27 | 28.68 | 0.40 | ||
Capital use efficiency | |||||
Trade debtors turnover (days) | 32.7 | ||||
Net working capital % | 6.9 % | ||||
Credit risk | |||||
Credit rating | B | B | AA | AA | A |
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