HYDRO-X A/S — Credit Rating and Financial Key Figures

CVR number: 29207518
Tylstrupvej 50, Ravnstrup 9320 Hjallerup
tel: 96474650

Credit rating

Company information

Official name
HYDRO-X A/S
Personnel
4 persons
Established
1970
Domicile
Ravnstrup
Company form
Limited company
Industry
  • Expand more icon20Manufacture of chemicals and chemical products

About HYDRO-X A/S

HYDRO-X A/S (CVR number: 29207518) is a company from Brønderslev. The company recorded a gross profit of 6964.8 kDKK in 2023. The operating profit was 4187.5 kDKK, while net earnings were 3307.2 kDKK. The profitability of the company measured by Return on Assets (ROA) was 17.9 %, which can be considered excellent and Return on Equity (ROE) was 18.1 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 84.2 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. HYDRO-X A/S's liquidity measured by quick ratio was 5.1 which is at a very high level. Thus, the company demonstrates exceptional financial stability, possessing a significant surplus of liquid assets over its short-term liabilities.

Financial information

See financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
20192020202120222023
Volume
Net sales
Gross profit16 001.9716 449.9614 414.9632 354.446 964.82
EBIT9 511.5010 191.908 217.0026 154.924 187.54
Net earnings7 291.127 841.196 325.7819 883.003 307.23
Shareholders equity total21 521.6619 362.8519 688.6416 571.6319 878.86
Balance sheet total (assets)27 554.3225 424.6225 484.9024 635.1823 601.42
Net debt-11 785.46-6 321.38-6 428.39-6 737.45-6 569.47
Profitability
EBIT-%
ROA35.6 %38.6 %32.5 %104.5 %17.9 %
ROE34.9 %38.4 %32.4 %109.7 %18.1 %
ROI44.5 %48.8 %41.2 %140.6 %23.2 %
Economic value added (EVA)6 737.427 418.715 701.7519 235.081 738.95
Solvency
Equity ratio78.1 %76.2 %77.3 %67.3 %84.2 %
Gearing0.1 %0.0 %0.2 %0.2 %0.4 %
Relative net indebtedness %
Liquidity
Quick ratio3.52.82.82.35.1
Current ratio4.13.53.82.86.0
Cash and cash equivalents11 798.606 326.906 466.946 776.006 650.46
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingAAAAAAAAAA

Variable visualization

ROA:17.9%
Rating: 71/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:84.2%
Rating: 64/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chairman of the board

Companies in the same industry

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