HAE HOLDING ApS — Credit Rating and Financial Key Figures

CVR number: 21120901
Hjerting Strandvej 115, Hjerting 6710 Esbjerg V

Credit rating

Company information

Official name
HAE HOLDING ApS
Personnel
6 persons
Established
1998
Domicile
Hjerting
Company form
Private limited company
Industry

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 financials

Net sales (mDKK)

EBIT (mDKK)

Profitability

Solidity

Key figures (mDKK)

See financials
2020
2021
2022
2023
2024
Volume
Net sales300.17321.01361.54388.00413.62
Gross profit202.72216.63240.46254.12281.29
EBIT13.1311.2315.018.2719.26
Net earnings5.784.016.801.9211.80
Shareholders equity total75.9889.89110.74109.77124.89
Balance sheet total (assets)242.74265.45249.00259.01244.59
Net debt56.0423.48
Profitability
EBIT-%4.4 %3.5 %4.2 %2.1 %4.7 %
ROA5.6 %4.4 %5.8 %3.4 %7.9 %
ROE7.8 %4.8 %6.8 %1.8 %10.3 %
ROI5.6 %4.4 %5.8 %3.9 %10.3 %
Economic value added (EVA)9.477.4110.490.314.40
Solvency
Equity ratio100.0 %100.0 %100.0 %43.2 %52.1 %
Gearing56.2 %24.5 %
Relative net indebtedness %34.0 %24.7 %
Liquidity
Quick ratio1.01.2
Current ratio1.21.5
Cash and cash equivalents5.687.11
Capital use efficiency
Trade debtors turnover (days)66.549.7
Net working capital %5.6 %8.4 %
Credit risk
Credit ratingBBBBBBBBBAAAAAA

Variable visualization

ROA:7.86%
Rating: 51/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:52.1%
Rating: 41/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chairman of the board
Board member

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