Hingsberg Holding ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About Hingsberg Holding ApS
Hingsberg Holding ApS (CVR number: 40371656) is a company from VEJLE. The company recorded a gross profit of -30 kDKK in 2024. The operating profit was -30 kDKK, while net earnings were 9195.9 kDKK. The profitability of the company measured by Return on Assets (ROA) was 42.4 %, which can be considered excellent and Return on Equity (ROE) was 66.9 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 75.4 %, a level that can be considered to be good. This shows that a large part of the company's assets are funded by shareholders' equity, reducing financial risk. Hingsberg Holding 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 financialsNet sales (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2020 | 2021 | 2022 | 2023 | 2024 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | 1 203.68 | 2 766.76 | 1 045.76 | ||
Gross profit | 1 166.56 | 2 758.26 | 1 036.01 | -11.63 | -29.96 |
EBIT | 1 166.56 | 2 758.26 | 1 036.01 | -11.63 | -29.96 |
Net earnings | 809.79 | 2 234.54 | 480.23 | 6 030.96 | 9 195.90 |
Shareholders equity total | 818.16 | 2 939.69 | 3 305.52 | 9 218.68 | 18 292.58 |
Balance sheet total (assets) | 18 653.69 | 15 945.74 | 13 775.43 | 20 025.65 | 25 784.02 |
Net debt | 17 828.07 | 12 687.75 | 10 464.91 | 9 494.53 | 4 112.73 |
Profitability | |||||
EBIT-% | 96.9 % | 99.7 % | 99.1 % | ||
ROA | 11.9 % | 15.9 % | 7.0 % | 38.5 % | 42.4 % |
ROE | 196.0 % | 118.9 % | 15.4 % | 96.3 % | 66.9 % |
ROI | 11.9 % | 16.0 % | 7.0 % | 39.6 % | 46.8 % |
Economic value added (EVA) | 1 307.33 | 2 019.94 | 237.95 | - 699.21 | - 982.93 |
Solvency | |||||
Equity ratio | 10.6 % | 25.6 % | 32.3 % | 51.8 % | 75.4 % |
Gearing | 2179.2 % | 440.7 % | 316.6 % | 107.5 % | 22.5 % |
Relative net indebtedness % | 1481.7 % | 460.4 % | 1001.2 % | ||
Liquidity | |||||
Quick ratio | 0.2 | 0.6 | 0.7 | 0.6 | 0.6 |
Current ratio | 0.2 | 0.6 | 0.7 | 0.6 | 0.6 |
Cash and cash equivalents | 0.88 | 268.71 | 412.58 | 3.27 | |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | -376.2 % | -40.0 % | -54.1 % | ||
Credit risk | |||||
Credit rating | A | A | A | BBB | BBB |
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