H.K. GLAS ApS — Credit Rating and Financial Key Figures

CVR number: 28896190
Aarestrupvej 23, 9541 Suldrup
line@hkglas.dk
tel: 98372411
www.hkglas.dk
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Company information

Official name
H.K. GLAS ApS
Personnel
3 persons
Established
2005
Company form
Private limited company
Industry

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 financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2020
2021
2022
2023
2024
Volume
Net sales
Gross profit178.00426.00- 635.00457.00-68.39
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 total199.00491.00- 714.00254.00- 541.56
Balance sheet total (assets)2 946.001 666.001 543.001 464.001 666.73
Net debt2 248.00174.001 734.00874.001 682.48
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 ratio6.8 %29.5 %-31.6 %17.5 %-24.5 %
Gearing1148.7 %79.2 %-258.3 %344.9 %-351.1 %
Relative net indebtedness %
Liquidity
Quick ratio0.91.20.61.20.7
Current ratio1.01.20.61.10.7
Cash and cash equivalents38.00215.00110.002.00218.82
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBBBB

Variable visualization

ROA:-46.8%
Rating: 0/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:-24.5%
Rating: 0/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer

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