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HAY ApS — Credit Rating and Financial Key Figures

CVR number: 26799945
Havnen 3, 8700 Horsens
vendor@hay.com
tel: 31646000

Credit rating

Company information

Official name
HAY ApS
Personnel
227 persons
Established
2002
Company form
Private limited company
Industry

About HAY ApS

HAY ApS (CVR number: 26799945) is a company from HORSENS. The company reported a net sales of 1219.3 mDKK in 2024, demonstrating a growth of 0.3 % compared to the previous year. The operating profit percentage was at 12.4 % (EBIT: 151.6 mDKK), while net earnings were 112.9 mDKK. The profitability of the company measured by Return on Assets (ROA) was 28.2 %, which can be considered excellent and Return on Equity (ROE) was 28 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 73.3 %, 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. HAY ApS's liquidity measured by quick ratio was 2.3 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 financials

Net sales (mDKK)

EBIT (mDKK)

Profitability

Solidity

Key figures (mDKK)

See financials
2020
2021
2022
2023
2024
Volume
Net sales1 194.361 470.761 358.611 215.591 219.26
Gross profit276.15334.77274.52253.73285.65
EBIT179.79220.77155.04122.65151.65
Net earnings140.99170.66114.6693.62112.92
Shareholders equity total- 309.47- 347.98358.67394.45413.37
Balance sheet total (assets)475.77590.02493.24520.74582.06
Net debt19.10- 154.15- 147.96
Profitability
EBIT-%15.1 %15.0 %11.4 %10.1 %12.4 %
ROA26.4 %25.6 %21.3 %24.6 %28.2 %
ROE565.8 %-51.9 %2145.1 %24.9 %28.0 %
ROI29.1 %25.6 %23.1 %32.1 %38.0 %
Economic value added (EVA)168.45236.32138.0073.9598.04
Solvency
Equity ratio74.1 %76.4 %73.3 %
Gearing5.3 %1.3 %1.1 %
Relative net indebtedness %9.9 %-2.8 %1.3 %
Liquidity
Quick ratio2.92.3
Current ratio3.73.0
Cash and cash equivalents159.43152.33
Capital use efficiency
Trade debtors turnover (days)41.246.2
Net working capital %-9.9 %28.2 %28.2 %
Credit risk
Credit ratingBBBBBBBBBAAAAA

Variable visualization

ROA:28.2%
Rating: 82/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:73.3%
Rating: 55/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Board member

Companies in the same industry

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