HEARTBEAT MANAGEMENT ApS — Credit Rating and Financial Key Figures

CVR number: 35393269
Vester Allé 7, 8000 Aarhus C
thomas@heartbeatmanagement.dk
tel: 53343377
www.heartbeatmanagement.dk

Credit rating

Company information

Official name
HEARTBEAT MANAGEMENT ApS
Personnel
3 persons
Established
2013
Company form
Private limited company
Industry

About HEARTBEAT MANAGEMENT ApS

HEARTBEAT MANAGEMENT ApS (CVR number: 35393269) is a company from AARHUS. The company recorded a gross profit of 976 kDKK in 2023. The operating profit was 60.4 kDKK, while net earnings were 37.8 kDKK. The profitability of the company measured by Return on Assets (ROA) was 4.1 %, which can be considered decent but Return on Equity (ROE) was 3.5 %, which can be considered weak. 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. HEARTBEAT MANAGEMENT ApS's liquidity measured by quick ratio was 5.1 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.

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 profit1 096.39619.271 657.241 243.65975.96
EBIT239.42- 102.69900.00513.5660.38
Net earnings177.80-88.38687.65390.7837.82
Shareholders equity total596.78419.501 107.141 147.93990.36
Balance sheet total (assets)893.27571.741 503.071 684.891 227.96
Net debt- 634.72- 459.03- 745.15-1 220.60- 817.68
Profitability
EBIT-%
ROA26.2 %-14.0 %86.8 %32.2 %4.1 %
ROE35.0 %-17.4 %90.1 %34.7 %3.5 %
ROI47.2 %-20.2 %117.6 %45.4 %5.6 %
Economic value added (EVA)190.02-79.33702.07381.4747.38
Solvency
Equity ratio66.8 %73.4 %73.7 %68.1 %80.7 %
Gearing0.1 %0.3 %0.3 %0.2 %
Relative net indebtedness %
Liquidity
Quick ratio3.03.83.83.15.1
Current ratio3.03.83.83.15.1
Cash and cash equivalents634.72459.44748.231 223.68819.82
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBBBBBBB

Variable visualization

ROA:4.15%
Rating: 40/100
-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

Roles

Chief executive officer
Chief executive officer

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