HICO Group ApS — Credit Rating and Financial Key Figures

HICO Group ApS (CVR number: 21517909K) is a company from GENTOFTE. The company reported a net sales of 197.4 mDKK in 2023, demonstrating a decline of -79.9 % compared to the previous year. The operating profit percentage was at 5.9 % (EBIT: 11.6 mDKK), while net earnings were -76.3 mDKK. The profitability of the company measured by Return on Assets (ROA) was -12.9 %, which can be considered poor and Return on Equity (ROE) was -98.8 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at -2.7 %. This indicates that the company's debt surpasses the value of its total assets, posing significant financial risk. HICO Group ApS's liquidity measured by quick ratio was 1.8 which is at a very high level. Thus, the company demonstrates exceptional financial stability, possessing a significant surplus of liquid assets over its short-term liabilities.