HKJ INVEST A/S — Credit Rating and Financial Key Figures

CVR number: 31281830
Murervej 4-6, 6710 Esbjerg V
Jesper.hansen@gasturbineservices.com
tel: 75468030

Credit rating

Company information

Official name
HKJ INVEST A/S
Established
2008
Company form
Limited company
Industry

About HKJ INVEST A/S

HKJ INVEST A/S (CVR number: 31281830) is a company from ESBJERG. The company recorded a gross profit of 554.2 kDKK in 2023. The operating profit was 400.3 kDKK, while net earnings were 93.6 kDKK. The profitability of the company measured by Return on Assets (ROA) was 5.4 %, which can be considered decent and Return on Equity (ROE) was 6.9 %, which can be considered decent. The equity ratio, a key indicator for solidity, stood at 19.1 %, a level that can be considered to be very low. This means the company is highly leveraged, with most assets financed through debt. This high level of financial risk could pose challenges in periods of financial distress or rising interest rates. HKJ INVEST A/S's liquidity measured by quick ratio was 0 which is at a very low level. Thus, the company is in an unstable financial position, with its liquid assets significantly undermatching its current liabilities. This severe liquidity deficiency may lead to financial distress and threaten the company's operational continuity.

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 profit439.35411.44466.41441.15554.15
EBIT288.36259.73312.51287.25400.26
Net earnings-74.09-75.96-34.46-22.6493.59
Shareholders equity total351.00364.16628.841 301.531 395.13
Balance sheet total (assets)8 688.098 647.488 481.997 467.117 313.22
Net debt5 491.545 469.845 371.755 729.855 645.99
Profitability
EBIT-%
ROA3.3 %3.0 %3.6 %3.6 %5.4 %
ROE-17.1 %-21.2 %-6.9 %-2.3 %6.9 %
ROI3.8 %3.1 %3.8 %3.8 %5.6 %
Economic value added (EVA)-47.57-63.25- 115.34-60.23- 101.09
Solvency
Equity ratio4.0 %4.2 %7.4 %17.4 %19.1 %
Gearing1803.2 %1732.8 %987.6 %440.3 %404.7 %
Relative net indebtedness %
Liquidity
Quick ratio0.40.40.40.00.0
Current ratio0.40.40.40.00.0
Cash and cash equivalents837.59840.27838.900.370.38
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBBBBBBBB

Variable visualization

ROA:5.42%
Rating: 44/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:19.1%
Rating: 18/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chairman of the board
Board member

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