HAE HOLDING ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About HAE HOLDING ApS
HAE HOLDING ApS (CVR number: 21120901K) is a company from ESBJERG. The company reported a net sales of 413.6 mDKK in 2024, demonstrating a growth of 6.6 % compared to the previous year. The operating profit percentage was at 4.7 % (EBIT: 19.3 mDKK), while net earnings were 11.8 mDKK. The profitability of the company measured by Return on Assets (ROA) was 7.9 %, which can be considered decent but Return on Equity (ROE) was 10.3 %, which can be considered good. The equity ratio, a key indicator for solidity, stood at 52.1 %, 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. HAE HOLDING ApS's liquidity measured by quick ratio was 1.2 which is at a high level. Thus, the company is in a strong financial position, with liquid assets surpassing current liabilities. It is well-prepared to cover short-term financial obligations.
Financial information
See financialsNet sales (mDKK)
EBIT (mDKK)
Profitability
Solidity
Key figures (mDKK)
See financials2020 | 2021 | 2022 | 2023 | 2024 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | 300.17 | 321.01 | 361.54 | 388.00 | 413.62 |
Gross profit | 202.72 | 216.63 | 240.46 | 254.12 | 281.29 |
EBIT | 13.13 | 11.23 | 15.01 | 8.27 | 19.26 |
Net earnings | 5.78 | 4.01 | 6.80 | 1.92 | 11.80 |
Shareholders equity total | 75.98 | 89.89 | 110.74 | 109.77 | 124.89 |
Balance sheet total (assets) | 242.74 | 265.45 | 249.00 | 259.01 | 244.59 |
Net debt | 56.04 | 23.48 | |||
Profitability | |||||
EBIT-% | 4.4 % | 3.5 % | 4.2 % | 2.1 % | 4.7 % |
ROA | 5.6 % | 4.4 % | 5.8 % | 3.4 % | 7.9 % |
ROE | 7.8 % | 4.8 % | 6.8 % | 1.8 % | 10.3 % |
ROI | 5.6 % | 4.4 % | 5.8 % | 3.9 % | 10.3 % |
Economic value added (EVA) | 9.47 | 7.41 | 10.49 | 0.31 | 4.40 |
Solvency | |||||
Equity ratio | 100.0 % | 100.0 % | 100.0 % | 43.2 % | 52.1 % |
Gearing | 56.2 % | 24.5 % | |||
Relative net indebtedness % | 34.0 % | 24.7 % | |||
Liquidity | |||||
Quick ratio | 1.0 | 1.2 | |||
Current ratio | 1.2 | 1.5 | |||
Cash and cash equivalents | 5.68 | 7.11 | |||
Capital use efficiency | |||||
Trade debtors turnover (days) | 66.5 | 49.7 | |||
Net working capital % | 5.6 % | 8.4 % | |||
Credit risk | |||||
Credit rating | BBB | BBB | BBB | AAA | AAA |
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