Hugin Property Holding ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About Hugin Property Holding ApS
Hugin Property Holding ApS (CVR number: 41517727) is a company from KØBENHAVN. The company recorded a gross profit of -146 kDKK in 2023. The operating profit was -146 kDKK, while net earnings were -9669 kDKK. The profitability of the company measured by Return on Assets (ROA) was -8.8 %, which can be considered poor and Return on Equity (ROE) was -12.1 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 75.9 %, 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. Hugin Property Holding ApS's liquidity measured by quick ratio was 1.3 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 financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|
Volume | ||||
Net sales | ||||
Gross profit | -32.00 | -1 499.00 | - 396.00 | - 146.00 |
EBIT | -32.00 | -1 499.00 | - 396.00 | - 146.00 |
Net earnings | -25.00 | -1 667.00 | - 539.00 | -9 669.00 |
Shareholders equity total | 15.00 | 38 448.00 | 87 275.00 | 72 219.00 |
Balance sheet total (assets) | 47.00 | 61 883.00 | 110 832.00 | 95 140.00 |
Net debt | 21 668.00 | 23 383.00 | 22 205.00 | |
Profitability | ||||
EBIT-% | ||||
ROA | -68.1 % | -4.8 % | -0.0 % | -8.8 % |
ROE | -166.7 % | -8.7 % | -0.9 % | -12.1 % |
ROI | -213.3 % | -4.9 % | -0.0 % | -8.6 % |
Economic value added (EVA) | -25.00 | -1 422.97 | 863.99 | 1 753.83 |
Solvency | ||||
Equity ratio | 31.9 % | 62.1 % | 78.7 % | 75.9 % |
Gearing | 59.2 % | 26.8 % | 31.5 % | |
Relative net indebtedness % | ||||
Liquidity | ||||
Quick ratio | 1.5 | 0.1 | 0.3 | 1.3 |
Current ratio | 1.5 | 0.1 | 0.3 | 1.3 |
Cash and cash equivalents | 1 087.00 | 39.00 | 510.00 | |
Capital use efficiency | ||||
Trade debtors turnover (days) | ||||
Net working capital % | ||||
Credit risk | ||||
Credit rating | B | BBB | BBB | BBB |
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