HVIID AVIATION ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About HVIID AVIATION ApS
HVIID AVIATION ApS (CVR number: 34603790) is a company from KALUNDBORG. The company recorded a gross profit of -7.5 kDKK in 2024. The operating profit was -7.5 kDKK, while net earnings were -0.4 kDKK. The profitability of the company measured by Return on Assets (ROA) was -0.5 %, which can be considered poor and Return on Equity (ROE) was -1.3 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 72.2 %, 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. HVIID AVIATION ApS's liquidity measured by quick ratio was 3.6 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 financials2020 | 2021 | 2022 | 2023 | 2024 | |
|---|---|---|---|---|---|
| Volume | |||||
| Net sales | |||||
| Gross profit | -8.66 | -9.79 | -21.93 | -17.56 | -7.50 |
| EBIT | -8.66 | -9.79 | -21.93 | -17.56 | -7.50 |
| Net earnings | -7.77 | -7.79 | 31.73 | -14.97 | -0.39 |
| Shareholders equity total | 21.87 | 14.08 | 45.81 | 30.84 | 30.45 |
| Balance sheet total (assets) | 118.80 | 129.66 | 181.04 | 191.38 | 42.19 |
| Net debt | 80.68 | 56.65 | 115.64 | 145.59 | |
| Profitability | |||||
| EBIT-% | |||||
| ROA | -2.0 % | -2.4 % | -10.2 % | -6.0 % | -0.5 % |
| ROE | -30.2 % | -43.4 % | 106.0 % | -39.1 % | -1.3 % |
| ROI | -2.3 % | -3.5 % | -13.5 % | -6.6 % | -0.6 % |
| Economic value added (EVA) | -13.43 | -13.04 | -19.21 | -22.06 | -16.37 |
| Solvency | |||||
| Equity ratio | 18.4 % | 10.9 % | 25.3 % | 16.1 % | 72.2 % |
| Gearing | 368.9 % | 415.0 % | 252.4 % | 472.1 % | |
| Relative net indebtedness % | |||||
| Liquidity | |||||
| Quick ratio | 1.2 | 1.1 | 1.3 | 1.2 | 3.6 |
| Current ratio | 1.2 | 1.1 | 1.3 | 1.2 | 3.6 |
| Cash and cash equivalents | 1.78 | ||||
| Capital use efficiency | |||||
| Trade debtors turnover (days) | |||||
| Net working capital % | |||||
| Credit risk | |||||
| Credit rating | BB | BB | B | BB | BB |
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