HEAT HOLDING ApS — Credit Rating and Financial Key Figures

CVR number: 35658955
Bondropsgade 17, 9400 Nørresundby
tel: 26281043

Company information

Official name
HEAT HOLDING ApS
Established
2014
Company form
Private limited company
Industry

About HEAT HOLDING ApS

HEAT HOLDING ApS (CVR number: 35658955) is a company from AALBORG. The company recorded a gross profit of -5.8 kDKK in 2024. The operating profit was -5.8 kDKK, while net earnings were 4.1 kDKK. The profitability of the company measured by Return on Assets (ROA) was 4.7 %, which can be considered decent but Return on Equity (ROE) was 3.6 %, which can be considered weak. The equity ratio, a key indicator for solidity, stood at 83.4 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. HEAT HOLDING ApS's liquidity measured by quick ratio was 5.3 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
2020
2021
2022
2023
2024
Volume
Net sales
Gross profit-2.75-3.00-6.75-5.50-5.75
EBIT-2.75-3.00-6.75-5.50-5.75
Net earnings-49.97-41.6994.5438.554.09
Shareholders equity total21.14-20.5573.99112.54116.63
Balance sheet total (assets)38.790.1098.38133.68139.78
Net debt15.0518.05-80.24-70.36- 104.72
Profitability
EBIT-%
ROA-80.1 %-140.3 %159.5 %34.4 %4.7 %
ROE-108.3 %-392.6 %255.2 %41.3 %3.6 %
ROI-83.4 %-153.2 %172.2 %35.9 %4.9 %
Economic value added (EVA)-6.95-4.82-6.63-10.13-12.32
Solvency
Equity ratio54.5 %-99.5 %75.2 %84.2 %83.4 %
Gearing71.6 %-88.3 %24.5 %16.1 %15.6 %
Relative net indebtedness %
Liquidity
Quick ratio0.00.04.04.25.3
Current ratio0.00.04.04.25.3
Cash and cash equivalents0.100.1098.3888.51122.87
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBB

Variable visualization

ROA:4.75%
Rating: 42/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:83.4%
Rating: 63/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

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