HYGADE ApS — Credit Rating and Financial Key Figures

CVR number: 26727693
Mejsevænget 7, 5610 Assens
hygade@hygade.com
tel: 40370869
www.hygade.com

Credit rating

Company information

Official name
HYGADE ApS
Personnel
3 persons
Established
2002
Company form
Private limited company
Industry

About HYGADE ApS

HYGADE ApS (CVR number: 26727693) is a company from ASSENS. The company recorded a gross profit of 1903.3 kDKK in 2023. The operating profit was 535 kDKK, while net earnings were 457.5 kDKK. The profitability of the company measured by Return on Assets (ROA) was 41.7 %, which can be considered excellent and Return on Equity (ROE) was 37.1 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 83.9 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. HYGADE ApS's liquidity measured by quick ratio was 6.2 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
2019
2020
2021
2022
2023
Volume
Net sales
Gross profit1 366.001 622.001 677.001 569.011 903.35
EBIT540.00751.00625.00429.60535.04
Net earnings631.00203.00612.00- 310.20457.54
Shareholders equity total725.00818.001 315.001 004.371 461.91
Balance sheet total (assets)1 054.001 283.001 689.001 266.511 741.78
Net debt- 381.00- 992.00-1 306.00- 897.99-1 322.43
Profitability
EBIT-%
ROA98.6 %65.9 %53.2 %33.4 %41.7 %
ROE154.1 %26.3 %57.4 %-26.7 %37.1 %
ROI170.7 %99.7 %74.1 %42.6 %50.8 %
Economic value added (EVA)478.29559.04454.31365.24452.42
Solvency
Equity ratio68.8 %63.8 %77.9 %79.3 %83.9 %
Gearing0.1 %0.1 %0.1 %0.1 %0.1 %
Relative net indebtedness %
Liquidity
Quick ratio3.22.84.54.86.2
Current ratio3.22.84.54.86.2
Cash and cash equivalents382.00993.001 307.00899.071 323.52
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBBBBBBB

Variable visualization

ROA:41.7%
Rating: 90/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:83.9%
Rating: 63/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

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