HASSING-KJÆR ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About HASSING-KJÆR ApS
HASSING-KJÆR ApS (CVR number: 33945736) is a company from RUDERSDAL. The company reported a net sales of 0.8 mDKK in 2023, demonstrating a decline of -39.1 % compared to the previous year. The operating profit percentage was poor at -1.2 % (EBIT: -0 mDKK), while net earnings were -31.5 kDKK. The profitability of the company measured by Return on Assets (ROA) was -0.6 %, which can be considered poor and Return on Equity (ROE) was -3.5 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 73.8 %, 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. HASSING-KJÆR ApS's liquidity measured by quick ratio was 4.6 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 financials2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | 1 304.00 | 793.73 | |||
Gross profit | - 105.04 | 334.43 | 374.44 | 277.00 | 110.62 |
EBIT | - 225.48 | 198.91 | 195.76 | 157.00 | -9.38 |
Net earnings | - 260.37 | 190.62 | 127.22 | 97.00 | -31.47 |
Shareholders equity total | 626.21 | 816.65 | 943.87 | 927.00 | 895.47 |
Balance sheet total (assets) | 1 399.54 | 1 701.84 | 2 081.14 | 1 759.00 | 1 462.95 |
Net debt | 374.89 | 162.29 | 128.66 | 105.00 | 110.62 |
Profitability | |||||
EBIT-% | 12.0 % | -1.2 % | |||
ROA | -17.6 % | 12.9 % | 10.3 % | 8.2 % | -0.6 % |
ROE | -32.3 % | 26.4 % | 14.5 % | 10.4 % | -3.5 % |
ROI | -22.2 % | 19.4 % | 17.4 % | 13.5 % | -0.9 % |
Economic value added (EVA) | - 270.62 | 160.29 | 99.49 | 74.56 | -50.21 |
Solvency | |||||
Equity ratio | 44.7 % | 48.0 % | 50.2 % | 52.7 % | 73.8 % |
Gearing | 62.9 % | 28.3 % | 27.6 % | 21.0 % | 16.6 % |
Relative net indebtedness % | 56.9 % | 66.7 % | |||
Liquidity | |||||
Quick ratio | 0.8 | 0.5 | 1.5 | 2.1 | 4.6 |
Current ratio | 0.8 | 0.5 | 1.2 | 2.1 | 2.6 |
Cash and cash equivalents | 18.71 | 68.81 | 131.69 | 90.00 | 38.05 |
Capital use efficiency | |||||
Trade debtors turnover (days) | 4.8 | 41.3 | |||
Net working capital % | 71.1 % | 112.8 % | |||
Credit risk | |||||
Credit rating | BBB | BBB | BBB | BBB | BBB |
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