HIPAQ A/S — Credit Rating and Financial Key Figures

CVR number: 13716137
Vidalsvej 4, 9230 Svenstrup J

Credit rating

Company information

Official name
HIPAQ A/S
Personnel
9 persons
Established
1990
Company form
Limited company
Industry

About HIPAQ A/S

HIPAQ A/S (CVR number: 13716137) is a company from AALBORG. The company recorded a gross profit of 2044.7 kDKK in 2022. The operating profit was -2543.7 kDKK, while net earnings were -1624.1 kDKK. The profitability of the company measured by Return on Assets (ROA) was -13.4 %, which can be considered poor and Return on Equity (ROE) was -34.1 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 31.2 %, a level that can be considered to be low. This means a higher proportion of debt in its capital structure, indicating a greater reliance on borrowed funds. HIPAQ A/S'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

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2018
2019
2020
2021
2022
Volume
Net sales
Gross profit10 382.3414 451.157 387.013 505.312 044.66
EBIT6 112.679 240.232 682.67-1 131.49-2 543.67
Net earnings4 830.907 804.212 463.15- 519.31-1 624.10
Shareholders equity total8 314.9113 057.787 540.224 509.475 005.89
Balance sheet total (assets)17 049.2425 991.7119 270.6314 779.4916 021.82
Net debt3 005.21-6 117.76-6 013.722 299.424 284.91
Profitability
EBIT-%
ROA45.5 %46.3 %14.0 %-3.8 %-13.4 %
ROE81.8 %73.0 %23.9 %-8.6 %-34.1 %
ROI55.0 %60.3 %19.6 %-4.8 %-15.4 %
Economic value added (EVA)4 835.526 997.552 060.36- 572.99-1 822.47
Solvency
Equity ratio48.8 %54.6 %39.1 %30.5 %31.2 %
Gearing65.5 %38.3 %80.1 %189.8 %176.4 %
Relative net indebtedness %
Liquidity
Quick ratio1.32.31.31.01.0
Current ratio2.02.51.71.41.4
Cash and cash equivalents2 441.1211 122.1312 055.226 260.504 545.86
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingAAABBBBBB

Variable visualization

ROA:-13.4%
Rating: 7/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:31.2%
Rating: 27/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chairman of the board

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