HOECK MANAGEMENT ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About HOECK MANAGEMENT ApS
HOECK MANAGEMENT ApS (CVR number: 34055688) is a company from GENTOFTE. The company reported a net sales of 0.2 mDKK in 2023, demonstrating a decline of -70.8 % compared to the previous year. The operating profit percentage was at 3.3 % (EBIT: 0 mDKK), while net earnings were 46.4 kDKK. The profitability of the company measured by Return on Assets (ROA) was 2.9 %, which can be considered weak and Return on Equity (ROE) was 3.1 %, which can be considered weak. The equity ratio, a key indicator for solidity, stood at 65.6 %, 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. HOECK MANAGEMENT ApS's liquidity measured by quick ratio was 2.9 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 financialsNet sales (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | 1 475.88 | 1 318.89 | 942.13 | 550.89 | 160.97 |
Gross profit | 735.39 | 879.98 | 511.04 | 179.23 | 5.32 |
EBIT | 735.39 | 353.36 | 511.04 | 179.23 | 5.32 |
Net earnings | 533.14 | 270.25 | 354.90 | 129.60 | 46.35 |
Shareholders equity total | 697.47 | 967.72 | 1 322.63 | 1 473.07 | 1 519.42 |
Balance sheet total (assets) | 1 426.01 | 1 767.80 | 2 006.36 | 2 185.96 | 2 314.82 |
Net debt | 134.20 | 19.11 | -50.35 | 462.84 | 425.63 |
Profitability | |||||
EBIT-% | 49.8 % | 26.8 % | 54.2 % | 32.5 % | 3.3 % |
ROA | 61.5 % | 23.6 % | 29.6 % | 8.6 % | 2.9 % |
ROE | 123.7 % | 32.5 % | 31.0 % | 9.3 % | 3.1 % |
ROI | 89.6 % | 36.3 % | 45.9 % | 10.6 % | 3.2 % |
Economic value added (EVA) | 553.02 | 242.85 | 337.39 | 74.24 | -62.43 |
Solvency | |||||
Equity ratio | 48.9 % | 54.7 % | 65.9 % | 67.4 % | 65.6 % |
Gearing | 42.4 % | 12.1 % | 1.9 % | 38.9 % | 38.0 % |
Relative net indebtedness % | 38.4 % | 53.2 % | 64.5 % | 109.4 % | 400.0 % |
Liquidity | |||||
Quick ratio | 2.2 | 2.2 | 2.9 | 3.0 | 2.9 |
Current ratio | 2.2 | 2.2 | 2.9 | 3.0 | 2.9 |
Cash and cash equivalents | 161.69 | 98.03 | 75.90 | 110.15 | 151.55 |
Capital use efficiency | |||||
Trade debtors turnover (days) | 31.1 | ||||
Net working capital % | 51.5 % | 70.6 % | 136.5 % | 260.5 % | 928.4 % |
Credit risk | |||||
Credit rating | BBB | BBB | BBB | BBB | BBB |
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