HEC INVEST ApS — Credit Rating and Financial Key Figures

CVR number: 13169403
Snedkergangen 6, 2690 Karlslunde

Company information

Official name
HEC INVEST ApS
Established
1989
Company form
Private limited company
Industry

About HEC INVEST ApS

HEC INVEST ApS (CVR number: 13169403) is a company from GREVE. The company reported a net sales of 1.2 mDKK in 2023, demonstrating a growth of 1.7 % compared to the previous year. The operating profit percentage was at 66.2 % (EBIT: 0.8 mDKK), while net earnings were 540.9 kDKK. The profitability of the company measured by Return on Assets (ROA) was 8.4 %, which can be considered good and Return on Equity (ROE) was 14.8 %, which can be considered good. The equity ratio, a key indicator for solidity, stood at 38.4 %, a level that can be considered to be low. This means a higher proportion of debt in its capital structure, indicating a greater reliance on borrowed funds. HEC INVEST ApS's liquidity measured by quick ratio was 1 which is at a modest level. Thus, the company's liquid assets are in relative balance with its short-term liabilities, indicating a moderate liquidity position. While it's likely to meet its current obligations, financial flexibility may be constrained, and unexpected costs could pose challenges.

Financial information

See financials

Net sales (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2019
2020
2021
2022
2023
Volume
Net sales885.811 019.341 148.631 194.211 214.03
Gross profit757.74336.40394.48534.32939.61
EBIT633.24203.46261.54401.38803.85
Net earnings545.33173.31200.56260.32540.93
Shareholders equity total3 251.173 424.493 425.043 485.373 826.30
Balance sheet total (assets)9 520.4212 012.4911 544.3410 079.129 961.39
Net debt4 713.666 722.746 609.535 270.384 430.24
Profitability
EBIT-%71.5 %20.0 %22.8 %33.6 %66.2 %
ROA8.8 %3.0 %3.1 %4.6 %8.4 %
ROE17.7 %5.2 %5.9 %7.5 %14.8 %
ROI9.3 %3.2 %3.4 %4.9 %9.1 %
Economic value added (EVA)179.80- 219.23- 241.10- 120.97224.95
Solvency
Equity ratio34.1 %28.5 %29.7 %34.6 %38.4 %
Gearing156.7 %207.4 %200.1 %151.2 %121.6 %
Relative net indebtedness %598.0 %746.7 %632.4 %499.2 %435.8 %
Liquidity
Quick ratio3.41.31.20.81.0
Current ratio3.41.31.20.81.0
Cash and cash equivalents381.45380.12242.82222.56
Capital use efficiency
Trade debtors turnover (days)7.08.923.023.3
Net working capital %219.0 %63.8 %36.8 %-22.4 %-0.6 %
Credit risk
Credit ratingAAAAAAA

Variable visualization

ROA:8.38%
Rating: 53/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:38.4%
Rating: 32/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer

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