H.K. GLAS ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About H.K. GLAS ApS
H.K. GLAS ApS (CVR number: 28896190) is a company from REBILD. The company recorded a gross profit of -68.4 kDKK in 2024. The operating profit was -867 kDKK, while net earnings were -795.6 kDKK. The profitability of the company measured by Return on Assets (ROA) was -46.8 %, which can be considered poor and Return on Equity (ROE) was -82.8 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at -24.5 %. This indicates that the company's debt surpasses the value of its total assets, posing significant financial risk. H.K. GLAS ApS's liquidity measured by quick ratio was 0.7 which is at a low level. Thus, the company may face difficulties in addressing its short-term obligations with its available liquid assets.
Financial information
See financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2020 | 2021 | 2022 | 2023 | 2024 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | |||||
Gross profit | 178.00 | 426.00 | - 635.00 | 457.00 | -68.39 |
EBIT | - 582.00 | - 256.00 | -1 525.00 | - 230.00 | - 867.02 |
Net earnings | - 464.00 | - 208.00 | -1 205.00 | - 232.00 | - 795.61 |
Shareholders equity total | 199.00 | 491.00 | - 714.00 | 254.00 | - 541.56 |
Balance sheet total (assets) | 2 946.00 | 1 666.00 | 1 543.00 | 1 464.00 | 1 666.73 |
Net debt | 2 248.00 | 174.00 | 1 734.00 | 874.00 | 1 682.48 |
Profitability | |||||
EBIT-% | |||||
ROA | -21.5 % | -10.2 % | -77.7 % | -12.4 % | -46.8 % |
ROE | -107.4 % | -60.3 % | -118.5 % | -25.8 % | -82.8 % |
ROI | -26.8 % | -14.0 % | -112.0 % | -15.5 % | -56.7 % |
Economic value added (EVA) | - 543.58 | - 325.05 | -1 233.62 | - 237.05 | - 808.56 |
Solvency | |||||
Equity ratio | 6.8 % | 29.5 % | -31.6 % | 17.5 % | -24.5 % |
Gearing | 1148.7 % | 79.2 % | -258.3 % | 344.9 % | -351.1 % |
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 0.9 | 1.2 | 0.6 | 1.2 | 0.7 |
Current ratio | 1.0 | 1.2 | 0.6 | 1.1 | 0.7 |
Cash and cash equivalents | 38.00 | 215.00 | 110.00 | 2.00 | 218.82 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | BB | BBB | BB | BBB | B |
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