HBS Economics ApS — Credit Rating and Financial Key Figures

CVR number: 36947993
Strandgade 27 B, 1401 København K
info@hbseconomics.dk

Company information

Official name
HBS Economics ApS
Personnel
10 persons
Established
2015
Company form
Private limited company
Industry

About HBS Economics ApS

HBS Economics ApS (CVR number: 36947993) is a company from KØBENHAVN. The company recorded a gross profit of 5905.8 kDKK in 2023. The operating profit was 1026.9 kDKK, while net earnings were 754.7 kDKK. The profitability of the company measured by Return on Assets (ROA) was 27 %, which can be considered excellent and Return on Equity (ROE) was 77.9 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 12 %, 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. HBS Economics ApS's liquidity measured by quick ratio was 1.4 which is at a high level. Thus, the company is in a strong financial position, with liquid assets surpassing current liabilities. It is well-prepared to cover short-term financial obligations.

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 profit10 229.008 763.007 852.006 874.005 905.79
EBIT2 754.00- 381.00- 119.00798.001 026.87
Net earnings2 108.00- 352.00- 174.00596.00754.66
Shareholders equity total4 534.003 282.001 609.001 526.00410.38
Balance sheet total (assets)7 869.006 544.005 388.003 660.003 957.30
Net debt-3 875.00-2 905.00-2 520.00- 958.00-50.78
Profitability
EBIT-%
ROA38.7 %-5.3 %-2.0 %17.6 %27.0 %
ROE53.6 %-9.0 %-7.1 %38.0 %77.9 %
ROI69.4 %-9.0 %-3.9 %42.5 %104.0 %
Economic value added (EVA)2 048.57- 336.54- 134.62664.25757.48
Solvency
Equity ratio58.5 %50.2 %29.9 %41.7 %12.0 %
Gearing
Relative net indebtedness %
Liquidity
Quick ratio2.32.31.62.01.4
Current ratio2.22.31.62.01.2
Cash and cash equivalents3 875.002 905.002 520.00958.0050.78
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingAABBBBBBABB

Variable visualization

ROA:27.0%
Rating: 82/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:12.0%
Rating: 12/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer
Chief executive officer

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