HETAG TAGDÆKNING VEST A/S — Credit Rating and Financial Key Figures
Credit rating
Company information
About HETAG TAGDÆKNING VEST A/S
HETAG TAGDÆKNING VEST A/S (CVR number: 31261856) is a company from VEJEN. The company reported a net sales of -0 mDKK in 2023, demonstrating a growth of -48.5 % compared to the previous year. The operating profit percentage was poor at 0 % (EBIT: -0 mDKK), while net earnings were 7.2 kDKK. The profitability of the company measured by Return on Assets (ROA) was 1.7 %, which can be considered weak and Return on Equity (ROE) was 1.3 %, which can be considered weak. The equity ratio, a key indicator for solidity, stood at 99.6 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. HETAG TAGDÆKNING VEST A/S's liquidity measured by quick ratio was 267.4 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 financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2019 | 2020 | 2021 | 2022 | 2023 | |
|---|---|---|---|---|---|
| Volume | |||||
| Net sales | -2.80 | -1.44 | |||
| Gross profit | -4.03 | 7.46 | -0.62 | -2.80 | -1.44 |
| EBIT | -4.03 | 7.46 | -0.62 | -2.80 | -1.44 |
| Net earnings | -5.85 | 5.04 | -4.51 | -1.76 | 7.18 |
| Shareholders equity total | 533.50 | 538.55 | 534.03 | 532.27 | 539.45 |
| Balance sheet total (assets) | 541.00 | 538.55 | 534.03 | 532.27 | 541.48 |
| Net debt | - 538.89 | - 538.55 | - 534.03 | - 528.73 | - 540.14 |
| Profitability | |||||
| EBIT-% | |||||
| ROA | -0.7 % | 1.4 % | -0.1 % | -0.5 % | 1.7 % |
| ROE | -1.1 % | 0.9 % | -0.8 % | -0.3 % | 1.3 % |
| ROI | -0.8 % | 1.4 % | -0.1 % | -0.5 % | 1.7 % |
| Economic value added (EVA) | -3.00 | 7.73 | -0.62 | -1.99 | -1.30 |
| Solvency | |||||
| Equity ratio | 98.6 % | 100.0 % | 100.0 % | 100.0 % | 99.6 % |
| Gearing | |||||
| Relative net indebtedness % | 18896.6 % | 37317.1 % | |||
| Liquidity | |||||
| Quick ratio | 72.1 | 267.4 | |||
| Current ratio | 72.1 | 267.4 | |||
| Cash and cash equivalents | 538.89 | 538.55 | 534.03 | 528.73 | 540.14 |
| Capital use efficiency | |||||
| Trade debtors turnover (days) | |||||
| Net working capital % | -19023.2 % | -37409.9 % | |||
| Credit risk | |||||
| Credit rating | BB | BB | BB | BB | B |
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