HE HOLDING VEJEN ApS — Credit Rating and Financial Key Figures

CVR number: 20250143
Jyllandsgade 10, 6600 Vejen

Credit rating

Company information

Official name
HE HOLDING VEJEN ApS
Established
1997
Company form
Private limited company
Industry

About HE HOLDING VEJEN ApS

HE HOLDING VEJEN ApS (CVR number: 20250143) is a company from VEJEN. The company recorded a gross profit of -19.2 kDKK in 2023. The operating profit was -19.2 kDKK, while net earnings were 40 kDKK. The profitability of the company measured by Return on Assets (ROA) was 5.1 %, which can be considered decent but Return on Equity (ROE) was 4 %, which can be considered weak. The equity ratio, a key indicator for solidity, stood at 92.2 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. HE HOLDING VEJEN ApS's liquidity measured by quick ratio was 0.5 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 financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2019
2020
2021
2022
2023
Volume
Net sales
Gross profit-22.00-22.00-20.00-19.00-19.15
EBIT-22.00-22.00-20.00-19.00-19.15
Net earnings124.0028.0073.00- 132.0040.01
Shareholders equity total1 214.001 187.001 203.001 014.00995.61
Balance sheet total (assets)1 256.001 229.001 255.001 080.001 080.00
Net debt-15.00-2.00-17.00-15.00-13.11
Profitability
EBIT-%
ROA9.8 %3.0 %7.6 %-1.6 %5.1 %
ROE7.3 %2.3 %6.1 %-11.9 %4.0 %
ROI10.0 %3.1 %7.9 %-1.7 %5.5 %
Economic value added (EVA)- 126.55-77.36-75.08-74.44-65.14
Solvency
Equity ratio96.7 %96.6 %95.9 %93.9 %92.2 %
Gearing
Relative net indebtedness %
Liquidity
Quick ratio0.40.00.30.80.5
Current ratio0.40.00.30.80.5
Cash and cash equivalents15.002.0017.0015.0013.11
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBBBBBBBB

Variable visualization

ROA:5.14%
Rating: 43/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:92.2%
Rating: 73/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

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