HiTek Industries ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About HiTek Industries ApS
HiTek Industries ApS (CVR number: 36700351) is a company from KØBENHAVN. The company recorded a gross profit of -17.1 kDKK in 2024. The operating profit was -17.1 kDKK, while net earnings were -81.8 kDKK. The profitability of the company measured by Return on Assets (ROA) was -27.2 %, which can be considered poor and Return on Equity (ROE) was -183.9 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at -41.8 %. This indicates that the company's debt surpasses the value of its total assets, posing significant financial risk. HiTek Industries ApS'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 | 1.34 | 0.57 | 6.84 | 3.32 | -17.07 |
| EBIT | 1.34 | -14.43 | 6.84 | 3.32 | -17.07 |
| Net earnings | 0.77 | -11.65 | 5.16 | 2.36 | -81.78 |
| Shareholders equity total | 67.62 | 55.96 | 61.13 | 63.49 | -18.29 |
| Balance sheet total (assets) | 97.01 | 83.59 | 77.56 | 81.99 | 25.44 |
| Net debt | -19.85 | 5.73 | 1.79 | -2.21 | 16.50 |
| Profitability | |||||
| EBIT-% | |||||
| ROA | 1.5 % | -15.8 % | 8.8 % | 4.2 % | -27.2 % |
| ROE | 1.1 % | -18.9 % | 8.8 % | 3.8 % | -183.9 % |
| ROI | 2.0 % | -20.8 % | 10.4 % | 4.8 % | -31.7 % |
| Economic value added (EVA) | -2.11 | -15.08 | 1.91 | -0.08 | -15.77 |
| Solvency | |||||
| Equity ratio | 69.7 % | 66.9 % | 78.8 % | 77.4 % | -41.8 % |
| Gearing | 2.7 % | 21.7 % | 10.7 % | 14.4 % | -191.7 % |
| Relative net indebtedness % | |||||
| Liquidity | |||||
| Quick ratio | 3.3 | 3.0 | 4.7 | 4.4 | 0.6 |
| Current ratio | 3.3 | 3.0 | 4.7 | 4.4 | 0.6 |
| Cash and cash equivalents | 21.65 | 6.42 | 4.75 | 11.35 | 18.57 |
| Capital use efficiency | |||||
| Trade debtors turnover (days) | |||||
| Net working capital % | |||||
| Credit risk | |||||
| Credit rating | BB | BB | BB | BB | BB |
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