Hydrive ApS — Credit Rating and Financial Key Figures

CVR number: 37297860
Bottrupvej 45, Bottrup 8723 Løsning

Credit rating

Company information

Official name
Hydrive ApS
Personnel
2 persons
Established
2015
Domicile
Bottrup
Company form
Private limited company
Industry

About Hydrive ApS

Hydrive ApS (CVR number: 37297860) is a company from HEDENSTED. The company recorded a gross profit of 581 kDKK in 2024. The operating profit was 85 kDKK, while net earnings were 215 kDKK. The profitability of the company measured by Return on Assets (ROA) was 3.2 %, which can be considered weak but Return on Equity (ROE) was 11 %, which can be considered good. The equity ratio, a key indicator for solidity, stood at 66.9 %, a level that can be considered to be good. This shows that a large part of the company's assets are funded by shareholders' equity, reducing financial risk. Hydrive ApS's liquidity measured by quick ratio was 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
2020
2021
2022
2023
2024
Volume
Net sales
Gross profit2 050.002 154.001 144.00755.00581.00
EBIT-2 285.00524.00- 271.00206.0085.00
Net earnings-2 501.0032.00- 734.00237.00215.00
Shareholders equity total-6 397.00-6 367.001 616.001 853.002 068.00
Balance sheet total (assets)4 446.002 820.002 739.003 207.003 098.00
Net debt7 636.007 868.00-48.00708.00343.00
Profitability
EBIT-%
ROA-21.1 %5.4 %-4.4 %7.6 %3.2 %
ROE-44.5 %0.9 %-33.1 %13.7 %11.0 %
ROI-33.2 %6.8 %-5.0 %8.8 %3.8 %
Economic value added (EVA)-1 838.02950.8672.91634.69512.70
Solvency
Equity ratio-75.5 %-76.7 %61.9 %57.8 %66.9 %
Gearing-119.5 %-123.8 %50.9 %45.4 %27.5 %
Relative net indebtedness %
Liquidity
Quick ratio0.20.16.22.32.0
Current ratio0.40.38.33.73.8
Cash and cash equivalents9.0012.00870.00133.00226.00
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBBBBB

Variable visualization

ROA:3.24%
Rating: 36/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:66.9%
Rating: 51/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chairman of the board
Board member

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