Halco Packaging ApS — Credit Rating and Financial Key Figures

CVR number: 34883254
Viborgvej 97 A, 7400 Herning

Company information

Official name
Halco Packaging ApS
Personnel
14 persons
Established
2012
Company form
Private limited company
Industry

About Halco Packaging ApS

Halco Packaging ApS (CVR number: 34883254) is a company from HERNING. The company recorded a gross profit of 8531.9 kDKK in 2023. The operating profit was 597.7 kDKK, while net earnings were 353.5 kDKK. The profitability of the company measured by Return on Assets (ROA) was 5.2 %, which can be considered decent but Return on Equity (ROE) was 8.4 %, which can be considered good. The equity ratio, a key indicator for solidity, stood at 44.8 %, a level that can be considered to be modest. This means a balanced mix of debt and equity financing its assets—a typical operational level for many companies. Halco Packaging ApS's liquidity measured by quick ratio was 0.8 which is at a modest level. Thus, the company's liquid assets are in relative balance with its short-term liabilities, indicating a moderate liquidity position. While it's likely to meet its current obligations, financial flexibility may be constrained, and unexpected costs could pose challenges.

Financial information

See financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2019
2020
2021
2022
2023
Volume
Net sales
Gross profit4 607.056 699.678 811.008 711.498 531.94
EBIT1 025.311 488.601 979.231 082.25597.73
Net earnings770.691 178.791 494.04695.35353.49
Shareholders equity total2 446.013 624.804 118.844 314.194 067.67
Balance sheet total (assets)8 040.3611 410.3212 145.7012 281.4010 643.35
Net debt1 103.20- 388.071 487.531 562.57- 213.51
Profitability
EBIT-%
ROA15.1 %15.9 %17.1 %8.9 %5.2 %
ROE37.4 %38.8 %38.6 %16.5 %8.4 %
ROI38.7 %42.3 %42.9 %18.7 %11.8 %
Economic value added (EVA)706.421 027.881 374.43596.85216.70
Solvency
Equity ratio35.1 %40.1 %38.9 %36.8 %44.8 %
Gearing45.2 %3.5 %36.4 %37.2 %3.3 %
Relative net indebtedness %
Liquidity
Quick ratio0.81.00.60.80.8
Current ratio1.31.41.51.51.5
Cash and cash equivalents3.48513.6210.0841.87348.64
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingAAAAA

Variable visualization

ROA:5.24%
Rating: 44/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:44.8%
Rating: 36/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer

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