T. Hvas Holding ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About T. Hvas Holding ApS
T. Hvas Holding ApS (CVR number: 38042599) is a company from FAVRSKOV. The company recorded a gross profit of -5.5 kDKK in 2024. The operating profit was -5.5 kDKK, while net earnings were 282.4 kDKK. The profitability of the company measured by Return on Assets (ROA) was 11.4 %, which can be considered good and Return on Equity (ROE) was 13.6 %, which can be considered good. The equity ratio, a key indicator for solidity, stood at 76.3 %, a level that can be considered to be good. This shows that a large part of the company's assets are funded by shareholders' equity, reducing financial risk. T. Hvas Holding ApS's liquidity measured by quick ratio was 3.2 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 | -8.25 | -7.13 | -7.13 | -5.50 | -5.50 |
EBIT | -8.25 | -7.13 | -7.13 | -5.50 | -5.50 |
Net earnings | 362.59 | 495.86 | 356.52 | 344.76 | 282.39 |
Shareholders equity total | 1 147.55 | 1 530.42 | 1 773.93 | 2 000.89 | 2 161.28 |
Balance sheet total (assets) | 1 417.93 | 1 883.28 | 2 226.50 | 2 552.78 | 2 832.19 |
Net debt | - 329.45 | - 703.39 | -1 058.12 | -1 265.31 | -1 473.92 |
Profitability | |||||
EBIT-% | |||||
ROA | 29.1 % | 30.2 % | 18.2 % | 15.0 % | 11.4 % |
ROE | 35.5 % | 37.0 % | 21.6 % | 18.3 % | 13.6 % |
ROI | 29.2 % | 30.3 % | 18.3 % | 15.0 % | 11.4 % |
Economic value added (EVA) | 24.97 | 29.77 | 33.75 | 39.70 | 43.20 |
Solvency | |||||
Equity ratio | 80.9 % | 81.3 % | 79.7 % | 78.4 % | 76.3 % |
Gearing | 23.1 % | 22.7 % | 25.2 % | 27.3 % | 30.8 % |
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 2.2 | 3.0 | 3.4 | 3.3 | 3.2 |
Current ratio | 2.2 | 3.0 | 3.4 | 3.3 | 3.2 |
Cash and cash equivalents | 594.83 | 1 051.26 | 1 505.69 | 1 812.21 | 2 139.83 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | BBB | A | A | A | A |
Variable visualization
Roles
Companies in the same industry
- Professional credit risk reports
- Create your own estimates for any company
- Valuation analysis
- All 400,000+ Danish companies
- See instructions

... and more!
No registration needed.