Hessellund IT ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About Hessellund IT ApS
Hessellund IT ApS (CVR number: 42026530) is a company from AARHUS. The company reported a net sales of 1 mDKK in 2023, demonstrating a decline of -24.9 % compared to the previous year. The operating profit percentage was at 10.1 % (EBIT: 0.1 mDKK), while net earnings were 129 kDKK. The profitability of the company measured by Return on Assets (ROA) was 26.2 %, which can be considered excellent and Return on Equity (ROE) was 30 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 71.1 %, 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. Hessellund IT ApS's liquidity measured by quick ratio was 3.4 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 financialsNet sales (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2021 | 2022 | 2023 | |
---|---|---|---|
Volume | |||
Net sales | 1 125.00 | 1 292.55 | 970.29 |
Gross profit | 1 115.00 | 1 280.41 | 956.11 |
EBIT | 372.89 | 548.72 | 97.61 |
Net earnings | 296.47 | 331.65 | 129.04 |
Shareholders equity total | 336.47 | 418.12 | 442.17 |
Balance sheet total (assets) | 545.97 | 643.82 | 622.17 |
Net debt | - 261.80 | - 248.34 | - 289.51 |
Profitability | |||
EBIT-% | 33.1 % | 42.5 % | 10.1 % |
ROA | 69.8 % | 110.5 % | 26.2 % |
ROE | 88.1 % | 87.9 % | 30.0 % |
ROI | 113.2 % | 117.2 % | 38.6 % |
Economic value added (EVA) | 290.87 | 412.75 | 67.61 |
Solvency | |||
Equity ratio | 61.6 % | 64.9 % | 71.1 % |
Gearing | |||
Relative net indebtedness % | -4.6 % | -1.8 % | -11.3 % |
Liquidity | |||
Quick ratio | 2.5 | 2.8 | 3.4 |
Current ratio | 2.5 | 2.8 | 3.4 |
Cash and cash equivalents | 261.80 | 248.34 | 289.51 |
Capital use efficiency | |||
Trade debtors turnover (days) | 87.3 | 77.9 | 122.9 |
Net working capital % | 18.3 % | 18.2 % | 20.5 % |
Credit risk | |||
Credit rating | B | BB | BBB |
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