HEAVY DUTY EUROPE ApS — Credit Rating and Financial Key Figures

CVR number: 36450363
Refshalevej 165 B, 1432 København K
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Credit rating

Company information

Official name
HEAVY DUTY EUROPE ApS
Established
2014
Company form
Private limited company
Industry

About HEAVY DUTY EUROPE ApS

HEAVY DUTY EUROPE ApS (CVR number: 36450363) is a company from KØBENHAVN. The company recorded a gross profit of 473.6 kDKK in 2024. The operating profit was 184.4 kDKK, while net earnings were 118.1 kDKK. The profitability of the company measured by Return on Assets (ROA) was 13.5 %, which can be considered good but Return on Equity (ROE) was 18.4 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 48 %, a level that can be considered to be modest. This means a balanced mix of debt and equity financing its assets—a typical operational level for many companies. HEAVY DUTY EUROPE ApS's liquidity measured by quick ratio was 0.9 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

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2020
2021
2022
2023
2024
Volume
Net sales
Gross profit244.21243.42497.59560.14473.58
EBIT120.77109.6648.67215.35184.37
Net earnings80.8065.569.25143.37118.11
Shareholders equity total364.89430.45439.69583.06701.17
Balance sheet total (assets)1 097.371 199.011 320.301 366.361 459.53
Net debt-55.80-64.21101.98- 126.73- 498.69
Profitability
EBIT-%
ROA13.6 %10.5 %4.3 %16.5 %13.5 %
ROE24.9 %16.5 %2.1 %28.0 %18.4 %
ROI20.7 %24.6 %9.2 %33.2 %25.7 %
Economic value added (EVA)50.2562.1711.24135.56107.46
Solvency
Equity ratio34.1 %35.9 %33.3 %42.7 %48.0 %
Gearing23.2 %
Relative net indebtedness %
Liquidity
Quick ratio0.50.20.10.50.9
Current ratio0.50.20.10.50.9
Cash and cash equivalents55.8064.21126.73498.69
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBBBBBBBB

Variable visualization

ROA:13.5%
Rating: 64/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:48.0%
Rating: 39/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer

Companies in the same industry

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