Hitch A/S — Credit Rating and Financial Key Figures
Credit rating
Company information
About Hitch A/S
Hitch A/S (CVR number: 41529806) is a company from KØBENHAVN. The company recorded a gross profit of 3083.7 kDKK in 2024. The operating profit was -821.8 kDKK, while net earnings were -845.7 kDKK. The profitability of the company measured by Return on Assets (ROA) was -38.7 %, which can be considered poor and Return on Equity (ROE) was -69.1 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at -10.4 %. This indicates that the company's debt surpasses the value of its total assets, posing significant financial risk. Hitch A/S's liquidity measured by quick ratio was 0.6 which is at a low level. Thus, the company may face difficulties in addressing its short-term obligations with its available liquid assets.
Financial information
See financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2020 | 2021 | 2022 | 2023 | 2024 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | |||||
Gross profit | 1 373.74 | 3 108.82 | 3 835.02 | 3 083.72 | |
EBIT | - 224.00 | 968.07 | 683.17 | - 821.81 | |
Net earnings | - 225.37 | 800.84 | 528.47 | - 845.67 | |
Shareholders equity total | 274.63 | 1 075.47 | 1 201.40 | - 144.27 | |
Balance sheet total (assets) | 634.27 | 1 657.66 | 2 853.13 | 1 247.05 | |
Net debt | -30.35 | - 819.39 | -1 173.31 | 49.60 | |
Profitability | |||||
EBIT-% | |||||
ROA | -35.2 % | 84.5 % | 30.3 % | -38.7 % | |
ROE | -82.1 % | 118.6 % | 46.4 % | -69.1 % | |
ROI | -81.3 % | 143.4 % | 56.3 % | -106.5 % | |
Economic value added (EVA) | - 224.00 | 792.57 | 519.99 | - 821.89 | |
Solvency | |||||
Equity ratio | 43.3 % | 64.9 % | 42.1 % | -10.4 % | |
Gearing | -131.7 % | ||||
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 1.7 | 2.8 | 1.6 | 0.6 | |
Current ratio | 1.7 | 2.8 | 1.6 | 0.6 | |
Cash and cash equivalents | 30.35 | 819.39 | 1 173.31 | 140.40 | |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | B | BB | BB | BBB | C |
Variable visualization
Roles
Companies in the same industry
Create your own estimates for any company
Valuation analysis
See instructions

... and more!
No registration needed.