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: 20715987) is a company from ODENSE. The company recorded a gross profit of -375 kDKK in 2023. The operating profit was -375 kDKK, while net earnings were 24.1 mDKK. The profitability of the company measured by Return on Assets (ROA) was 4.5 %, which can be considered decent but Return on Equity (ROE) was 2.7 %, which can be considered weak. The equity ratio, a key indicator for solidity, stood at 69.8 %, 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. H.P.P. HOLDING A/S's liquidity measured by quick ratio was 10.2 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 | |||||
Gross profit | - 265.00 | - 287.00 | - 147.00 | - 658.00 | - 375.00 |
EBIT | - 265.00 | - 287.00 | - 147.00 | - 658.00 | - 375.00 |
Net earnings | 89 727.00 | 142 882.00 | 144 020.00 | 50 417.00 | 24 071.00 |
Shareholders equity total | 457 083.00 | 614 914.00 | 810 414.00 | 870 742.00 | 883 710.00 |
Balance sheet total (assets) | 647 732.00 | 885 415.00 | 1 128 252.00 | 1 233 868.00 | 1 265 483.00 |
Net debt | 164 370.00 | 199 864.00 | 182 671.00 | 200 754.00 | 195 759.00 |
Profitability | |||||
EBIT-% | |||||
ROA | 16.7 % | 19.9 % | 15.5 % | 6.5 % | 4.5 % |
ROE | 21.5 % | 26.7 % | 20.2 % | 6.0 % | 2.7 % |
ROI | 17.5 % | 21.2 % | 16.5 % | 6.8 % | 4.7 % |
Economic value added (EVA) | 17 226.81 | 21 362.87 | 31 513.30 | 45 105.85 | 50 488.26 |
Solvency | |||||
Equity ratio | 70.6 % | 69.4 % | 71.8 % | 70.6 % | 69.8 % |
Gearing | 36.1 % | 32.7 % | 32.3 % | 36.3 % | 37.7 % |
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 1.9 | 8.0 | 6.2 | 9.4 | 10.2 |
Current ratio | 1.9 | 8.0 | 6.2 | 9.4 | 10.2 |
Cash and cash equivalents | 577.00 | 1 160.00 | 79 022.00 | 115 063.00 | 137 444.00 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | A | A | A | A | A |
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