H.E. ELECTRIC ApS — Credit Rating and Financial Key Figures

CVR number: 88505417
Håndværkerlyngen 1, 4573 Højby
tel: 59302031

Credit rating

Company information

Official name
H.E. ELECTRIC ApS
Personnel
7 persons
Established
1975
Company form
Private limited company
Industry

About H.E. ELECTRIC ApS

H.E. ELECTRIC ApS (CVR number: 88505417) is a company from ODSHERRED. The company recorded a gross profit of 2390.7 kDKK in 2024. The operating profit was -116.9 kDKK, while net earnings were -166.6 kDKK. The profitability of the company measured by Return on Assets (ROA) was -2.4 %, which can be considered poor and Return on Equity (ROE) was -18.3 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 31.5 %, 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. H.E. ELECTRIC ApS's liquidity measured by quick ratio was 1.4 which is at a high level. Thus, the company is in a strong financial position, with liquid assets surpassing current liabilities. It is well-prepared to cover short-term financial obligations.

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 profit2 772.323 994.333 766.072 829.382 390.72
EBIT68.781 046.64843.83149.12- 116.90
Net earnings19.42739.12666.3089.61- 166.55
Shareholders equity total697.051 236.161 402.46992.07825.52
Balance sheet total (assets)4 158.613 694.563 157.473 059.812 621.72
Net debt1 172.79640.66-94.77736.33848.82
Profitability
EBIT-%
ROA3.4 %27.2 %25.7 %5.9 %-2.4 %
ROE2.6 %76.5 %50.5 %7.5 %-18.3 %
ROI6.7 %50.6 %47.0 %10.9 %-4.0 %
Economic value added (EVA)7.88771.22598.4750.53- 166.20
Solvency
Equity ratio16.8 %33.5 %44.4 %32.4 %31.5 %
Gearing169.2 %52.7 %74.5 %103.5 %
Relative net indebtedness %
Liquidity
Quick ratio1.11.62.01.41.4
Current ratio1.31.82.41.61.6
Cash and cash equivalents6.4311.3594.772.335.77
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBBBBBBB

Variable visualization

ROA:-2.37%
Rating: 18/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:31.5%
Rating: 27/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer

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