HHE 1 A/S — Credit Rating and Financial Key Figures

CVR number: 38236563
Vittenvej 88 A, Vitten 8382 Hinnerup

Company information

Official name
HHE 1 A/S
Established
2016
Domicile
Vitten
Company form
Limited company
Industry

About HHE 1 A/S

HHE 1 A/S (CVR number: 38236563) is a company from FAVRSKOV. The company recorded a gross profit of 2926.3 kDKK in 2023. The operating profit was 2388.4 kDKK, while net earnings were 1148.2 kDKK. The profitability of the company measured by Return on Assets (ROA) was 3.5 %, which can be considered weak but Return on Equity (ROE) was 8.8 %, which can be considered good. The equity ratio, a key indicator for solidity, stood at 29.6 %, 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. HHE 1 A/S's liquidity measured by quick ratio was 1.1 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

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2019
2020
2021
2022
2023
Volume
Net sales
Gross profit2 765.862 895.132 955.052 408.252 926.34
EBIT2 235.122 359.942 419.861 873.052 388.45
Net earnings735.421 271.081 395.10977.811 148.16
Shareholders equity total2 364.053 635.135 030.236 008.0420 156.20
Balance sheet total (assets)67 624.5367 969.4667 766.8968 104.8768 104.41
Net debt63 019.4861 807.6360 219.6559 051.8945 163.01
Profitability
EBIT-%
ROA3.3 %3.5 %3.6 %2.8 %3.5 %
ROE36.8 %42.4 %32.2 %17.7 %8.8 %
ROI3.4 %3.6 %3.7 %2.9 %3.6 %
Economic value added (EVA)- 476.35- 330.38- 283.63- 713.50- 263.57
Solvency
Equity ratio3.5 %5.3 %7.4 %8.8 %29.6 %
Gearing2672.2 %1704.6 %1199.8 %992.4 %225.5 %
Relative net indebtedness %
Liquidity
Quick ratio0.60.80.91.11.1
Current ratio0.60.80.91.11.1
Cash and cash equivalents152.37156.31134.34570.27296.03
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingAAAAAAAA

Variable visualization

ROA:3.55%
Rating: 38/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:29.6%
Rating: 26/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chairman of the board
Board member
Chief executive officer

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