HI3G DENMARK ApS — Credit Rating and Financial Key Figures

CVR number: 26123445
Fadet 4, 1799 København V
tel: 33330135
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Credit rating

Company information

Official name
HI3G DENMARK ApS
Personnel
728 persons
Established
2001
Company form
Private limited company
Industry

About HI3G DENMARK ApS

HI3G DENMARK ApS (CVR number: 26123445) is a company from KØBENHAVN. The company reported a net sales of 2790 mDKK in 2024, demonstrating a decline of -3.8 % compared to the previous year. The operating profit percentage was at 7.5 % (EBIT: 210.1 mDKK), while net earnings were 217.4 mDKK. The profitability of the company measured by Return on Assets (ROA) was 6.4 %, which can be considered decent and Return on Equity (ROE) was 5.6 %, which can be considered decent. The equity ratio, a key indicator for solidity, stood at 80.7 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. HI3G DENMARK ApS's liquidity measured by quick ratio was 1 which is at a modest level. Thus, the company's liquid assets are in relative balance with its short-term liabilities, indicating a moderate liquidity position. While it's likely to meet its current obligations, financial flexibility may be constrained, and unexpected costs could pose challenges.

Financial information

See financials

Net sales (mDKK)

EBIT (mDKK)

Profitability

Solidity

Key figures (mDKK)

See financials
2020
2021
2022
2023
2024
Volume
Net sales2 740.562 787.372 904.822 898.882 790.04
Gross profit936.08947.74934.87873.251 085.83
EBIT233.88- 104.32- 867.96-6.64210.10
Net earnings159.96- 124.45- 706.84-44.93217.45
Shareholders equity total2 868.842 744.392 037.551 992.625 754.29
Balance sheet total (assets)4 037.404 252.053 721.043 618.697 129.23
Net debt1 119.41578.53
Profitability
EBIT-%8.5 %-3.7 %-29.9 %-0.2 %7.5 %
ROA5.4 %-2.5 %-21.8 %-0.0 %6.4 %
ROE4.9 %-4.4 %-29.6 %-2.2 %5.6 %
ROI5.4 %-2.5 %-21.8 %-0.0 %6.9 %
Economic value added (EVA)51.71- 248.48-1 005.86- 107.37-9.80
Solvency
Equity ratio100.0 %100.0 %100.0 %55.1 %80.7 %
Gearing63.7 %17.3 %
Relative net indebtedness %50.9 %34.4 %
Liquidity
Quick ratio1.01.0
Current ratio1.11.1
Cash and cash equivalents150.11414.68
Capital use efficiency
Trade debtors turnover (days)18.58.7
Net working capital %2.0 %3.5 %
Credit risk
Credit ratingBBBBBBBBAAAA

Variable visualization

ROA:6.41%
Rating: 47/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:80.7%
Rating: 60/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

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