HBC Coating ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About HBC Coating ApS
HBC Coating ApS (CVR number: 40293728) is a company from AALBORG. The company recorded a gross profit of 72 kDKK in 2024. The operating profit was 12 kDKK, while net earnings were -5.7 kDKK. The profitability of the company measured by Return on Assets (ROA) was 1.1 %, which can be considered weak but Return on Equity (ROE) was -0.9 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 66 %, 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. HBC Coating ApS's liquidity measured by quick ratio was 0.6 which is at a low level. Thus, the company may face difficulties in addressing its short-term obligations with its available liquid assets.
Financial information
See financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2020 | 2021 | 2022 | 2023 | 2024 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | |||||
Gross profit | 221.22 | 561.88 | 416.69 | 318.10 | 71.99 |
EBIT | 141.22 | 481.88 | 336.69 | 238.10 | 11.99 |
Net earnings | 85.91 | 372.80 | 243.96 | 165.59 | -5.69 |
Shareholders equity total | 283.58 | 656.37 | 900.33 | 665.92 | 660.23 |
Balance sheet total (assets) | 856.50 | 1 628.47 | 1 098.14 | 2 386.08 | 1 000.21 |
Net debt | 458.48 | 475.30 | -4.02 | 392.45 | 274.62 |
Profitability | |||||
EBIT-% | |||||
ROA | 10.3 % | 40.2 % | 25.0 % | 14.0 % | 1.1 % |
ROE | 35.7 % | 79.3 % | 31.3 % | 21.1 % | -0.9 % |
ROI | 14.1 % | 42.8 % | 27.8 % | 24.1 % | 1.9 % |
Economic value added (EVA) | 56.30 | 333.35 | 187.56 | 137.58 | -44.49 |
Solvency | |||||
Equity ratio | 33.1 % | 40.3 % | 82.0 % | 27.9 % | 66.0 % |
Gearing | 174.6 % | 120.2 % | 2.9 % | 58.9 % | 41.6 % |
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 0.4 | 1.2 | 5.3 | 0.9 | 0.6 |
Current ratio | 1.1 | 1.8 | 11.9 | 1.4 | 3.0 |
Cash and cash equivalents | 36.67 | 313.65 | 29.77 | ||
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | BB | BBB | BBB | BB | BB |
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