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Hot Air ApS — Credit Rating and Financial Key Figures

CVR number: 37661961
Cirkelhusene 10, Torpet 4100 Ringsted
Free credit report Annual report

Company information

Official name
Hot Air ApS
Personnel
3 persons
Established
2016
Domicile
Torpet
Company form
Private limited company
Industry

About Hot Air ApS

Hot Air ApS (CVR number: 37661961) is a company from RINGSTED. The company recorded a gross profit of 7.9 kDKK in 2025. The operating profit was -106.8 kDKK, while net earnings were -106.8 kDKK. The profitability of the company measured by Return on Assets (ROA) was -80.4 %, which can be considered poor and Return on Equity (ROE) was -174.8 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at -2503.8 %. This indicates that the company's debt surpasses the value of its total assets, posing significant financial risk. Hot Air ApS's liquidity measured by quick ratio was 4.2 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
2021
2022
2023
2024
2025
Volume
Net sales
Gross profit- 179.85279.85275.91144.767.92
EBIT45.2528.4514.04-54.12- 106.82
Net earnings45.2528.4514.04-53.67- 106.80
Shareholders equity total-9.3019.1532.48-21.19- 122.34
Balance sheet total (assets)178.32272.45151.03101.6620.53
Net debt- 178.32-45.27- 151.03-19.26
Profitability
EBIT-%
ROA26.1 %12.4 %6.6 %-39.2 %-80.4 %
ROE32.0 %28.8 %54.4 %-80.0 %-174.8 %
ROI297.2 %54.4 %-330.3 %
Economic value added (EVA)47.9928.9213.07-55.75- 105.76
Solvency
Equity ratio-37.3 %11.6 %60.5 %-2503.8 %
Gearing
Relative net indebtedness %
Liquidity
Quick ratio7.11.97.14.2
Current ratio1.01.11.30.80.1
Cash and cash equivalents178.3245.27151.0319.26
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBC

Variable visualization

ROA:-80.4%
Rating: 0/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:-2503.8%
Rating: 0/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Director

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