HBS ENGINEERING ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About HBS ENGINEERING ApS
HBS ENGINEERING ApS (CVR number: 33757581) is a company from KALUNDBORG. The company reported a net sales of 0.1 mDKK in 2023, demonstrating a growth of 98.7 % compared to the previous year. The operating profit percentage was at 16.4 % (EBIT: 0 mDKK), while net earnings were 11.1 kDKK. The profitability of the company measured by Return on Assets (ROA) was 8.5 %, which can be considered good but Return on Equity (ROE) was 20.9 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 41.9 %, 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. HBS ENGINEERING ApS's liquidity measured by quick ratio was 1.5 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 | 136.72 | 81.75 | 27.00 | 34.64 | 68.83 |
Gross profit | 98.15 | 33.83 | 1.65 | -15.67 | 22.27 |
EBIT | 98.15 | 28.34 | -9.35 | -26.67 | 11.27 |
Net earnings | 90.87 | 23.30 | -9.35 | -27.62 | 11.13 |
Shareholders equity total | 61.31 | 84.61 | 75.26 | 47.65 | 58.78 |
Balance sheet total (assets) | 130.34 | 161.59 | 159.39 | 126.35 | 140.20 |
Net debt | - 120.33 | - 113.09 | - 121.89 | -88.21 | - 124.70 |
Profitability | |||||
EBIT-% | 71.8 % | 34.7 % | -34.6 % | -77.0 % | 16.4 % |
ROA | 103.9 % | 19.4 % | -5.8 % | -18.7 % | 8.5 % |
ROE | 201.1 % | 31.9 % | -11.7 % | -44.9 % | 20.9 % |
ROI | 320.2 % | 38.8 % | -11.7 % | -43.4 % | 21.2 % |
Economic value added (EVA) | 94.14 | 26.28 | -7.92 | -24.32 | 13.31 |
Solvency | |||||
Equity ratio | 47.0 % | 52.4 % | 47.2 % | 37.7 % | 41.9 % |
Gearing | |||||
Relative net indebtedness % | -37.5 % | -44.2 % | -139.9 % | -27.5 % | -62.9 % |
Liquidity | |||||
Quick ratio | 1.9 | 1.6 | 1.4 | 1.3 | 1.5 |
Current ratio | 1.9 | 1.6 | 1.4 | 1.3 | 1.5 |
Cash and cash equivalents | 120.33 | 113.09 | 121.89 | 88.21 | 124.70 |
Capital use efficiency | |||||
Trade debtors turnover (days) | 122.6 | ||||
Net working capital % | 42.2 % | 52.0 % | 139.9 % | 61.1 % | 62.9 % |
Credit risk | |||||
Credit rating | BB | BB | BB | BB | BBB |
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