HVK ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About HVK ApS
HVK ApS (CVR number: 29914494) is a company from VEJLE. The company recorded a gross profit of 152.3 kDKK in 2023. The operating profit was 94.6 kDKK, while net earnings were -7.9 kDKK. The profitability of the company measured by Return on Assets (ROA) was 2.5 %, which can be considered weak but Return on Equity (ROE) was -0.6 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 36.8 %, a level that can be considered to be low. This means a higher proportion of debt in its capital structure, indicating a greater reliance on borrowed funds. HVK ApS'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 financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | |||||
Gross profit | 306.18 | 240.61 | 217.44 | 214.16 | 152.35 |
EBIT | 248.42 | 182.85 | 159.67 | 156.40 | 94.58 |
Net earnings | 143.24 | 103.52 | 94.45 | 74.64 | -7.90 |
Shareholders equity total | 1 104.11 | 1 207.63 | 1 302.08 | 1 376.72 | 1 368.81 |
Balance sheet total (assets) | 3 907.30 | 3 820.33 | 3 736.54 | 3 703.75 | 3 725.43 |
Net debt | 2 674.57 | 2 501.02 | 2 328.97 | 2 174.35 | 2 091.82 |
Profitability | |||||
EBIT-% | |||||
ROA | 6.3 % | 4.7 % | 4.2 % | 4.2 % | 2.5 % |
ROE | 13.9 % | 9.0 % | 7.5 % | 5.6 % | -0.6 % |
ROI | 6.5 % | 4.9 % | 4.4 % | 4.3 % | 2.6 % |
Economic value added (EVA) | 16.66 | -33.81 | -49.01 | -48.89 | -99.72 |
Solvency | |||||
Equity ratio | 28.3 % | 31.6 % | 34.8 % | 37.2 % | 36.8 % |
Gearing | 242.3 % | 207.1 % | 178.9 % | 161.3 % | 160.5 % |
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 0.5 | 0.5 | 0.4 | 1.0 | 1.2 |
Current ratio | 0.5 | 0.5 | 0.4 | 1.0 | 1.2 |
Cash and cash equivalents | 0.20 | 0.20 | 0.81 | 46.85 | 105.17 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | A | A | BBB | BBB | BBB |
Variable visualization
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