Hygge Danmark ApS — Credit Rating and Financial Key Figures

CVR number: 36490225
Ejbytoften 17, 2600 Glostrup

Credit rating

Company information

Official name
Hygge Danmark ApS
Established
2015
Company form
Private limited company
Industry
  • Expand more icon477800

About Hygge Danmark ApS

Hygge Danmark ApS (CVR number: 36490225) is a company from GLOSTRUP. The company recorded a gross profit of 411.9 kDKK in 2024. The operating profit was 411.9 kDKK, while net earnings were 117.3 kDKK. The profitability of the company measured by Return on Assets (ROA) was 264.7 %, which can be considered excellent and Return on Equity (ROE) was 111.7 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at -31.4 %. This indicates that the company's debt surpasses the value of its total assets, posing significant financial risk. Hygge Danmark ApS's liquidity measured by quick ratio was 0 which is at a very low level. Thus, the company is in an unstable financial position, with its liquid assets significantly undermatching its current liabilities. This severe liquidity deficiency may lead to financial distress and threaten the company's operational continuity.

Financial information

See financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2020
2021
2022
2023
2024
Volume
Net sales
Gross profit-24.401.01-0.97302.39411.89
EBIT-24.401.01-0.97302.39411.89
Net earnings-34.56-10.30-11.2789.14117.28
Shareholders equity total- 252.39- 262.69- 273.95- 184.82-67.53
Balance sheet total (assets)46.4225.415.2762.41147.66
Net debt280.15247.54268.9959.17-1.67
Profitability
EBIT-%
ROA-9.2 %0.3 %-0.3 %190.9 %264.7 %
ROE-110.9 %-28.7 %-73.4 %263.4 %111.7 %
ROI-9.5 %0.4 %-0.4 %60.6 %612.9 %
Economic value added (EVA)-13.1614.1513.13316.20247.60
Solvency
Equity ratio-84.5 %-91.2 %-98.1 %-74.8 %-31.4 %
Gearing-114.6 %-101.1 %-98.5 %-36.8 %-1.7 %
Relative net indebtedness %
Liquidity
Quick ratio1.60.80.00.30.0
Current ratio4.91.10.00.30.0
Cash and cash equivalents9.1617.940.748.772.81
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBCC

Variable visualization

ROA:264.7%
Rating: 100/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:-31.4%
Rating: 0/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer

Companies in the same industry

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