H.P.P. HOLDING A/S — Credit Rating and Financial Key Figures
Credit rating
Company information
About H.P.P. HOLDING A/S
H.P.P. HOLDING A/S (CVR number: 20715987K) is a company from ODENSE. The company reported a net sales of 177.2 mDKK in 2023, demonstrating a decline of -12.2 % compared to the previous year. The operating profit percentage was at 26.5 % (EBIT: 47 mDKK), while net earnings were 27.8 mDKK. The profitability of the company measured by Return on Assets (ROA) was 4.1 %, which can be considered decent but Return on Equity (ROE) was 3.2 %, which can be considered weak. The equity ratio, a key indicator for solidity, stood at 48.4 %, a level that can be considered to be modest. This means a balanced mix of debt and equity financing its assets—a typical operational level for many companies. H.P.P. HOLDING A/S's liquidity measured by quick ratio was 2.9 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 financialsNet sales (mDKK)
EBIT (mDKK)
Profitability
Solidity
Key figures (mDKK)
See financials2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | 226.71 | 200.66 | 202.52 | 201.77 | 177.18 |
Gross profit | 165.22 | 211.39 | 257.46 | 74.57 | 74.27 |
EBIT | 148.04 | 192.58 | 237.83 | 52.11 | 47.02 |
Net earnings | 117.05 | 167.29 | 169.91 | 59.84 | 27.79 |
Shareholders equity total | 583.09 | 721.10 | 951.47 | 1 022.92 | 1 037.92 |
Balance sheet total (assets) | 1 590.34 | 1 884.89 | 2 051.59 | 2 130.12 | 2 143.13 |
Net debt | 567.63 | 615.55 | 609.20 | 615.19 | 594.15 |
Profitability | |||||
EBIT-% | 65.3 % | 96.0 % | 117.4 % | 25.8 % | 26.5 % |
ROA | 11.0 % | 13.4 % | 13.3 % | 4.9 % | 4.1 % |
ROE | 28.0 % | 31.2 % | 23.8 % | 7.1 % | 3.2 % |
ROI | 12.6 % | 15.2 % | 14.6 % | 5.2 % | 4.3 % |
Economic value added (EVA) | 68.45 | 98.69 | 121.21 | -28.75 | -42.02 |
Solvency | |||||
Equity ratio | 36.7 % | 38.3 % | 46.4 % | 48.0 % | 48.4 % |
Gearing | 117.9 % | 109.8 % | 81.6 % | 76.8 % | 74.3 % |
Relative net indebtedness % | 338.7 % | 415.4 % | 356.5 % | 358.2 % | 396.4 % |
Liquidity | |||||
Quick ratio | 0.9 | 1.6 | 3.4 | 3.1 | 2.9 |
Current ratio | 0.9 | 1.7 | 3.5 | 3.1 | 3.0 |
Cash and cash equivalents | 120.04 | 176.45 | 167.62 | 170.60 | 177.13 |
Capital use efficiency | |||||
Trade debtors turnover (days) | 15.2 | 15.3 | 9.7 | 7.4 | 6.7 |
Net working capital % | -48.4 % | -16.2 % | 19.9 % | 16.3 % | -0.3 % |
Credit risk | |||||
Credit rating | AAA | AAA | AAA | AAA | AAA |
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