H.G.E. HOLDING ApS — Credit Rating and Financial Key Figures

CVR number: 25526694
Simmerbølle Kirkevej 17, Simmerbølle 5900 Rudkøbing

Company information

Official name
H.G.E. HOLDING ApS
Established
2000
Domicile
Simmerbølle
Company form
Private limited company
Industry

About H.G.E. HOLDING ApS

H.G.E. HOLDING ApS (CVR number: 25526694) is a company from LANGELAND. The company recorded a gross profit of -15 kDKK in 2022. The operating profit was -15 kDKK, while net earnings were 842.9 kDKK. The profitability of the company measured by Return on Assets (ROA) was 10.5 %, which can be considered good but Return on Equity (ROE) was 18.2 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 55.8 %, a level that can be considered to be modest. This means a balanced mix of debt and equity financing its assets—a typical operational level for many companies. H.G.E. HOLDING ApS's liquidity measured by quick ratio was 15.3 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
2018
2019
2020
2021
2022
Volume
Net sales
Gross profit-23.60-22.61-66.09-64.19-15.00
EBIT-23.60-22.61-66.09-64.19-15.00
Net earnings2 241.5530 000.48-78.79- 131.14842.90
Shareholders equity total17 443.9546 444.4346 365.654 406.404 859.30
Balance sheet total (assets)18 487.3047 702.3747 200.728 220.508 711.37
Net debt- 543.31-38 005.39-38 875.57- 328.72- 819.59
Profitability
EBIT-%
ROA12.7 %91.1 %0.1 %-0.2 %10.5 %
ROE13.7 %93.9 %-0.2 %-0.5 %18.2 %
ROI12.9 %91.1 %0.1 %-0.2 %10.5 %
Economic value added (EVA)185.07381.28-24.65-44.00176.66
Solvency
Equity ratio94.4 %97.4 %98.2 %53.6 %55.8 %
Gearing5.9 %2.7 %
Relative net indebtedness %
Liquidity
Quick ratio1.931.547.16.915.3
Current ratio1.931.547.16.915.3
Cash and cash equivalents1 566.2039 243.3338 875.57328.72819.59
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingAAABBBAAA

Variable visualization

ROA:10.5%
Rating: 58/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:55.8%
Rating: 44/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

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