HH af 26/10 2023 Esbjerg ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About HH af 26/10 2023 Esbjerg ApS
HH af 26/10 2023 Esbjerg ApS (CVR number: 37596272) is a company from ESBJERG. The company recorded a gross profit of 2204.5 kDKK in 2024. The operating profit was 330.5 kDKK, while net earnings were 265.6 kDKK. The profitability of the company measured by Return on Assets (ROA) was 9.3 %, which can be considered good but Return on Equity (ROE) was 28.3 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 26.4 %, a level that can be considered to be low. This means a higher proportion of debt in its capital structure, indicating a greater reliance on borrowed funds. HH af 26/10 2023 Esbjerg 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 financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2020 | 2021 | 2022 | 2023 | 2024 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | |||||
Gross profit | 1 368.77 | 1 872.07 | 2 187.27 | 2 210.60 | 2 204.50 |
EBIT | 327.03 | 258.67 | 319.20 | 341.94 | 330.51 |
Net earnings | 252.33 | 193.72 | 242.09 | 258.91 | 265.58 |
Shareholders equity total | 577.33 | 577.33 | 792.09 | 858.91 | 1 015.58 |
Balance sheet total (assets) | 2 106.60 | 2 106.60 | 2 773.05 | 3 317.49 | 3 845.03 |
Net debt | - 615.52 | - 615.52 | - 883.70 | -1 341.42 | -1 891.37 |
Profitability | |||||
EBIT-% | |||||
ROA | 15.8 % | 12.3 % | 13.1 % | 11.2 % | 9.3 % |
ROE | 48.7 % | 33.6 % | 35.4 % | 31.4 % | 28.3 % |
ROI | 44.3 % | 33.6 % | 36.6 % | 33.6 % | 29.2 % |
Economic value added (EVA) | 256.15 | 203.15 | 253.20 | 269.04 | 294.51 |
Solvency | |||||
Equity ratio | 27.4 % | 27.4 % | 28.6 % | 25.9 % | 26.4 % |
Gearing | 14.1 % | 14.1 % | |||
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 0.9 | 0.9 | 1.1 | 1.1 | 1.2 |
Current ratio | 0.9 | 0.9 | 1.1 | 1.1 | 1.2 |
Cash and cash equivalents | 697.19 | 697.19 | 883.70 | 1 341.42 | 1 891.37 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | BBB | BBB | BBB | BBB | BBB |
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