HETCO ApS — Credit Rating and Financial Key Figures

CVR number: 53308112
Grøndalsvej 67, 2000 Frederiksberg

Credit rating

Company information

Official name
HETCO ApS
Established
1946
Company form
Private limited company
Industry
  • Expand more icon28Manufacture of machinery and equipment n.e.c.

About HETCO ApS

HETCO ApS (CVR number: 53308112) is a company from FREDERIKSBERG. The company recorded a gross profit of -3.6 kDKK in 2023. The operating profit was -3.6 kDKK, while net earnings were 529.7 kDKK. The profitability of the company measured by Return on Assets (ROA) was -1.5 %, which can be considered poor but Return on Equity (ROE) was 1.7 %, which can be considered weak. The equity ratio, a key indicator for solidity, stood at 97.7 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. HETCO ApS's liquidity measured by quick ratio was 42.8 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 financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2019
2020
2021
2022
2023
Volume
Net sales
Gross profit-0.60-1.85-1.01-1.63-3.59
EBIT-0.60-1.85-1.01-1.63-3.59
Net earnings2 621.661 145.83- 136.81130.09529.74
Shareholders equity total29 948.8231 094.6630 957.8531 087.9431 617.68
Balance sheet total (assets)30 874.2131 140.7031 005.1631 133.9932 362.14
Net debt-15 952.66-15 846.98-15 710.18-15 838.70-28 255.07
Profitability
EBIT-%
ROA9.1 %7.3 %-0.0 %-0.0 %-1.5 %
ROE9.2 %3.8 %-0.4 %0.4 %1.7 %
ROI9.4 %4.2 %-0.0 %-0.0 %1.7 %
Economic value added (EVA)- 543.48- 680.10- 767.20- 767.35- 769.81
Solvency
Equity ratio97.0 %99.9 %99.8 %99.9 %97.7 %
Gearing
Relative net indebtedness %
Liquidity
Quick ratio32.8676.3655.4676.242.8
Current ratio32.8676.3655.4676.242.8
Cash and cash equivalents15 952.6615 846.9815 710.1815 838.7028 255.07
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingABBBBBBBBB

Variable visualization

ROA:-1.45%
Rating: 19/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:97.7%
Rating: 79/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer

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