Hygind Elteknik ApS — Credit Rating and Financial Key Figures

CVR number: 39405156
Hygindvej 76, Hygind 5592 Ejby

Company information

Official name
Hygind Elteknik ApS
Personnel
1 person
Established
2018
Domicile
Hygind
Company form
Private limited company
Industry

About Hygind Elteknik ApS

Hygind Elteknik ApS (CVR number: 39405156) is a company from MIDDELFART. The company reported a net sales of 1.9 mDKK in 2023, demonstrating a decline of -20.4 % compared to the previous year. The operating profit percentage was at 6.8 % (EBIT: 0.1 mDKK), while net earnings were 99.8 kDKK. The profitability of the company measured by Return on Assets (ROA) was 8 %, which can be considered decent and Return on Equity (ROE) was 7.7 %, which can be considered decent. The equity ratio, a key indicator for solidity, stood at 83.6 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. Hygind Elteknik ApS's liquidity measured by quick ratio was 5.1 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 (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2019
2020
2021
2022
2023
Volume
Net sales1 853.981 855.142 506.162 352.061 872.62
Gross profit844.421 135.231 491.261 383.49953.90
EBIT105.32325.17637.98418.70128.27
Net earnings80.15249.97493.76322.3599.85
Shareholders equity total633.16754.891 127.701 318.991 289.01
Balance sheet total (assets)785.431 093.801 549.281 689.441 542.18
Net debt- 498.15- 584.19- 806.08-1 135.82- 921.65
Profitability
EBIT-%5.7 %17.5 %25.5 %17.8 %6.8 %
ROA17.8 %34.6 %48.3 %25.9 %8.0 %
ROE13.5 %36.0 %52.5 %26.3 %7.7 %
ROI35.1 %46.9 %67.8 %34.2 %9.9 %
Economic value added (EVA)63.30256.23498.43319.81100.23
Solvency
Equity ratio80.6 %69.0 %72.8 %78.1 %83.6 %
Gearing
Relative net indebtedness %-18.7 %-13.2 %-15.3 %-32.5 %-35.7 %
Liquidity
Quick ratio1.12.12.73.75.1
Current ratio1.12.12.73.75.1
Cash and cash equivalents498.15584.19806.081 135.82921.65
Capital use efficiency
Trade debtors turnover (days)32.220.245.535.336.1
Net working capital %0.6 %19.4 %28.3 %42.7 %54.8 %
Credit risk
Credit ratingBBBBBBBBBAA

Variable visualization

ROA:7.96%
Rating: 51/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:83.6%
Rating: 63/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer

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