Hey Group ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About Hey Group ApS
Hey Group ApS (CVR number: 29309469) is a company from AARHUS. The company recorded a gross profit of -23.2 kDKK in 2024. The operating profit was -23.2 kDKK, while net earnings were 1847 kDKK. The profitability of the company measured by Return on Assets (ROA) was 29.6 %, which can be considered excellent and Return on Equity (ROE) was 60.4 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 45.9 %, a level that can be considered to be modest. This means a balanced mix of debt and equity financing its assets—a typical operational level for many companies. Hey Group ApS's liquidity measured by quick ratio was 2 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 financials2020 | 2021 | 2022 | 2023 | 2024 | |
|---|---|---|---|---|---|
| Volume | |||||
| Net sales | |||||
| Gross profit | 970.13 | -46.17 | -48.70 | -46.51 | -23.23 |
| EBIT | 46.68 | -17.73 | -48.70 | -46.51 | -23.23 |
| Net earnings | 286.17 | 139.16 | 652.13 | 1 307.48 | 1 847.01 |
| Shareholders equity total | -1 364.14 | -1 224.98 | 1 427.15 | 2 634.63 | 3 481.64 |
| Balance sheet total (assets) | 2 207.05 | 1 951.29 | 4 156.16 | 6 240.97 | 7 590.67 |
| Net debt | 2 902.91 | 2 870.58 | 1 945.43 | 3 373.68 | 3 919.60 |
| Profitability | |||||
| EBIT-% | |||||
| ROA | 9.3 % | 6.7 % | 20.2 % | 28.1 % | 29.6 % |
| ROE | 12.3 % | 6.7 % | 38.6 % | 64.4 % | 60.4 % |
| ROI | 11.3 % | 7.7 % | 23.7 % | 31.0 % | 30.4 % |
| Economic value added (EVA) | -41.37 | -97.80 | - 120.80 | - 205.75 | - 322.25 |
| Solvency | |||||
| Equity ratio | -38.2 % | -38.6 % | 34.3 % | 42.2 % | 45.9 % |
| Gearing | -222.5 % | -234.5 % | 136.3 % | 129.7 % | 112.6 % |
| Relative net indebtedness % | |||||
| Liquidity | |||||
| Quick ratio | 1.0 | 0.1 | 0.3 | 2.2 | 2.0 |
| Current ratio | 1.0 | 0.1 | 0.3 | 2.2 | 2.0 |
| Cash and cash equivalents | 132.25 | 2.59 | 44.07 | 1.47 | |
| Capital use efficiency | |||||
| Trade debtors turnover (days) | |||||
| Net working capital % | |||||
| Credit risk | |||||
| Credit rating | BBB | BB | BBB | BBB | BBB |
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