HK DESIGN ApS — Credit Rating and Financial Key Figures

CVR number: 31596289
Rugosavej 1, 4873 Væggerløse
hkdesignaps@outlook.dk
tel: 28457505

Company information

Official name
HK DESIGN ApS
Personnel
1 person
Established
2008
Company form
Private limited company
Industry

About HK DESIGN ApS

HK DESIGN ApS (CVR number: 31596289) is a company from GULDBORGSUND. The company reported a net sales of 0 mDKK in 2023, demonstrating a decline of -91.3 % compared to the previous year. The operating profit percentage was poor at -194.1 % (EBIT: -0 mDKK), while net earnings were 111.7 kDKK. The profitability of the company measured by Return on Assets (ROA) was 21.8 %, which can be considered excellent and Return on Equity (ROE) was 17 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 95.5 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. HK DESIGN ApS's liquidity measured by quick ratio was 22.4 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

Net sales (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2019
2020
2021
2022
2023
Volume
Net sales20.8099.3029.40237.2020.63
Gross profit6.2492.3315.89182.520.38
EBIT6.24-27.68-74.4962.01-40.04
Net earnings45.2819.9025.5672.99111.69
Shareholders equity total484.03503.93527.50601.57713.26
Balance sheet total (assets)496.84578.96539.91622.52746.56
Net debt- 486.16- 575.68- 539.91- 609.13- 746.56
Profitability
EBIT-%30.0 %-27.9 %-253.4 %26.1 %-194.1 %
ROA2.1 %5.2 %6.4 %16.8 %21.8 %
ROE9.8 %4.0 %5.0 %12.9 %17.0 %
ROI2.2 %5.6 %6.9 %17.3 %22.7 %
Economic value added (EVA)-17.19-45.96-85.9521.82-61.46
Solvency
Equity ratio97.4 %87.0 %97.7 %96.6 %95.5 %
Gearing
Relative net indebtedness %-2275.7 %-504.2 %-1794.2 %-248.0 %-3456.7 %
Liquidity
Quick ratio38.87.743.529.722.4
Current ratio38.87.743.529.722.4
Cash and cash equivalents486.16575.68539.91609.13746.56
Capital use efficiency
Trade debtors turnover (days)
Net working capital %1264.9 %233.1 %511.8 %81.7 %580.1 %
Credit risk
Credit ratingBBBBBBBBBBB

Variable visualization

ROA:21.8%
Rating: 77/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:95.5%
Rating: 76/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

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