Credit rating
Company information
About HINES NORDICS APS
HINES NORDICS APS (CVR number: 38816489) is a company from KØBENHAVN. The company recorded a gross profit of 12.2 mDKK in 2023. The operating profit was -9914 kDKK, while net earnings were -10.7 mDKK. The profitability of the company measured by Return on Assets (ROA) was -27.6 %, which can be considered poor and Return on Equity (ROE) was -59.4 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 64.2 %, 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. HINES NORDICS APS's liquidity measured by quick ratio was 2.8 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 financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | |||||
Gross profit | 9 111.13 | 28 993.54 | 26 016.97 | 21 060.74 | 12 225.42 |
EBIT | 3 814.03 | 13 372.15 | 7 597.23 | 1 407.34 | -9 913.98 |
Net earnings | 2 776.91 | 9 764.05 | 5 533.07 | 1 120.79 | -10 744.18 |
Shareholders equity total | 7 053.32 | 16 817.36 | 22 350.43 | 23 471.22 | 12 727.05 |
Balance sheet total (assets) | 19 919.99 | 28 015.49 | 33 384.85 | 50 638.73 | 19 816.31 |
Net debt | -12 541.79 | -8 682.22 | -7 463.69 | 474.74 | -11 521.78 |
Profitability | |||||
EBIT-% | |||||
ROA | 21.8 % | 55.8 % | 24.7 % | 3.7 % | -27.6 % |
ROE | 49.0 % | 81.8 % | 28.3 % | 4.9 % | -59.4 % |
ROI | 33.1 % | 80.2 % | 30.4 % | 4.6 % | -36.7 % |
Economic value added (EVA) | 3 070.73 | 10 990.14 | 5 680.72 | 742.12 | -10 381.06 |
Solvency | |||||
Equity ratio | 35.4 % | 60.0 % | 66.9 % | 46.4 % | 64.2 % |
Gearing | 85.6 % | 20.5 % | 33.1 % | 62.4 % | 16.8 % |
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 1.5 | 2.5 | 3.0 | 1.9 | 2.8 |
Current ratio | 1.5 | 2.5 | 3.0 | 1.9 | 2.8 |
Cash and cash equivalents | 18 577.34 | 12 121.95 | 14 868.38 | 14 175.94 | 13 665.24 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | BB | BBB | BB | BB | B |
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