HS NETCONNECT ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About HS NETCONNECT ApS
HS NETCONNECT ApS (CVR number: 20983043) is a company from DRAGØR. The company reported a net sales of 0.5 mDKK in 2024, demonstrating a growth of 27 % compared to the previous year. The operating profit percentage was at 5.7 % (EBIT: 0 mDKK), while net earnings were 28.8 kDKK. The profitability of the company measured by Return on Assets (ROA) was 4.6 %, which can be considered decent and Return on Equity (ROE) was 5.8 %, which can be considered decent. The equity ratio, a key indicator for solidity, stood at 76.2 %, a level that can be considered to be good. This shows that a large part of the company's assets are funded by shareholders' equity, reducing financial risk. HS NETCONNECT ApS's liquidity measured by quick ratio was 4.2 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 financialsNet sales (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2020 | 2021 | 2022 | 2023 | 2024 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | 648.88 | 617.91 | 192.41 | 379.56 | 481.86 |
Gross profit | 599.59 | 617.91 | 192.41 | 379.56 | 481.86 |
EBIT | 244.95 | 32.70 | - 332.76 | -58.50 | 27.30 |
Net earnings | 207.59 | 23.86 | - 337.65 | -57.66 | 28.77 |
Shareholders equity total | 912.19 | 936.05 | 598.40 | 485.74 | 514.50 |
Balance sheet total (assets) | 1 110.68 | 1 034.35 | 673.49 | 567.51 | 675.63 |
Net debt | - 890.17 | - 796.74 | - 546.96 | - 458.18 | - 462.19 |
Profitability | |||||
EBIT-% | 37.7 % | 5.3 % | -172.9 % | -15.4 % | 5.7 % |
ROA | 24.5 % | 3.0 % | -38.9 % | -9.3 % | 4.6 % |
ROE | 24.1 % | 2.6 % | -44.0 % | -10.6 % | 5.8 % |
ROI | 28.4 % | 3.5 % | -43.3 % | -10.6 % | 5.8 % |
Economic value added (EVA) | 170.19 | -13.60 | - 379.80 | -88.57 | 2.89 |
Solvency | |||||
Equity ratio | 82.1 % | 90.5 % | 88.9 % | 85.6 % | 76.2 % |
Gearing | |||||
Relative net indebtedness % | -106.6 % | -113.0 % | -245.2 % | -99.2 % | -62.5 % |
Liquidity | |||||
Quick ratio | 4.9 | 9.3 | 8.9 | 6.9 | 4.2 |
Current ratio | 4.9 | 9.3 | 9.0 | 6.9 | 4.2 |
Cash and cash equivalents | 890.17 | 796.74 | 546.96 | 458.18 | 462.19 |
Capital use efficiency | |||||
Trade debtors turnover (days) | 3.2 | 3.7 | 79.3 | ||
Net working capital % | 119.5 % | 132.6 % | 311.0 % | 128.0 % | 106.8 % |
Credit risk | |||||
Credit rating | BBB | BBB | BB | BB | BBB |
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