H.P.P. HOLDING A/S — Credit Rating and Financial Key Figures

CVR number: 20715987
Grønløkkevej 10, 5000 Odense C

Credit rating

Company information

Official name
H.P.P. HOLDING A/S
Established
1998
Company form
Limited company
Industry

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 financials

Net sales (mDKK)

EBIT (mDKK)

Profitability

Solidity

Key figures (mDKK)

See financials
2019
2020
2021
2022
2023
Volume
Net sales226.71200.66202.52201.77177.18
Gross profit165.22211.39257.4674.5774.27
EBIT148.04192.58237.8352.1147.02
Net earnings117.05167.29169.9159.8427.79
Shareholders equity total583.09721.10951.471 022.921 037.92
Balance sheet total (assets)1 590.341 884.892 051.592 130.122 143.13
Net debt567.63615.55609.20615.19594.15
Profitability
EBIT-%65.3 %96.0 %117.4 %25.8 %26.5 %
ROA11.0 %13.4 %13.3 %4.9 %4.1 %
ROE28.0 %31.2 %23.8 %7.1 %3.2 %
ROI12.6 %15.2 %14.6 %5.2 %4.3 %
Economic value added (EVA)68.4598.69121.21-28.75-42.02
Solvency
Equity ratio36.7 %38.3 %46.4 %48.0 %48.4 %
Gearing117.9 %109.8 %81.6 %76.8 %74.3 %
Relative net indebtedness %338.7 %415.4 %356.5 %358.2 %396.4 %
Liquidity
Quick ratio0.91.63.43.12.9
Current ratio0.91.73.53.13.0
Cash and cash equivalents120.04176.45167.62170.60177.13
Capital use efficiency
Trade debtors turnover (days)15.215.39.77.46.7
Net working capital %-48.4 %-16.2 %19.9 %16.3 %-0.3 %
Credit risk
Credit ratingAAAAAAAAAAAAAAA

Variable visualization

ROA:4.10%
Rating: 40/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:48.4%
Rating: 39/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chairman of the board

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