HG TRÆ & GLAS ApS — Credit Rating and Financial Key Figures

CVR number: 30826205
Frederiksgade 17, 7620 Lemvig

Credit rating

Company information

Official name
HG TRÆ & GLAS ApS
Established
2007
Company form
Private limited company
Industry

About HG TRÆ & GLAS ApS

HG TRÆ & GLAS ApS (CVR number: 30826205) is a company from LEMVIG. The company recorded a gross profit of 150.5 kDKK in 2024. The operating profit was 139.8 kDKK, while net earnings were 133.4 kDKK. The profitability of the company measured by Return on Assets (ROA) was 5.8 %, which can be considered decent and Return on Equity (ROE) was 5.5 %, which can be considered decent. The equity ratio, a key indicator for solidity, stood at 89.9 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. HG TRÆ & GLAS ApS's liquidity measured by quick ratio was 5.9 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

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2020
2021
2022
2023
2024
Volume
Net sales
Gross profit-28.6555.75584.40200.34150.46
EBIT-98.52-82.77497.77196.17139.83
Net earnings- 124.88- 108.00446.44174.46133.41
Shareholders equity total2 025.111 917.112 363.542 423.602 435.01
Balance sheet total (assets)3 010.112 842.282 567.712 498.262 709.44
Net debt615.57596.81-1 238.59-1 508.42-1 193.34
Profitability
EBIT-%
ROA-3.2 %-2.8 %18.4 %7.7 %5.8 %
ROE-6.0 %-5.5 %20.9 %7.3 %5.5 %
ROI-3.4 %-3.0 %19.7 %8.2 %6.2 %
Economic value added (EVA)- 222.16- 213.61343.52118.0778.22
Solvency
Equity ratio67.3 %67.4 %92.0 %97.0 %89.9 %
Gearing40.2 %40.5 %
Relative net indebtedness %
Liquidity
Quick ratio1.81.98.125.35.9
Current ratio1.91.98.225.55.9
Cash and cash equivalents198.51180.281 238.591 508.421 193.34
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBBBBBBBB

Variable visualization

ROA:5.82%
Rating: 45/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:89.9%
Rating: 70/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

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