HH Rental A/S — Credit Rating and Financial Key Figures
Credit rating
Company information
About HH Rental A/S
HH Rental A/S (CVR number: 41064668) is a company from VIBORG. The company recorded a gross profit of -2578.3 kDKK in 2024. The operating profit was -2578.3 kDKK, while net earnings were -2557.7 kDKK. The profitability of the company measured by Return on Assets (ROA) was -45 %, which can be considered poor and Return on Equity (ROE) was -76.2 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 71.3 %, 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. HH Rental A/S's liquidity measured by quick ratio was 3.4 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 financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2020 | 2021 | 2022 | 2023 | 2024 | |
|---|---|---|---|---|---|
| Volume | |||||
| Net sales | |||||
| Gross profit | -38.96 | 304.79 | 1 490.52 | 3 962.01 | -2 578.25 |
| EBIT | - 143.96 | 199.79 | 1 385.52 | 3 962.01 | -2 578.25 |
| Net earnings | - 115.04 | 152.74 | 1 074.57 | 3 023.18 | -2 557.68 |
| Shareholders equity total | 384.95 | 537.69 | 1 612.26 | 4 635.44 | 2 077.76 |
| Balance sheet total (assets) | 644.31 | 905.80 | 2 982.71 | 8 273.00 | 2 912.11 |
| Net debt | - 356.81 | - 641.56 | -1 533.59 | -1 525.48 | - 331.56 |
| Profitability | |||||
| EBIT-% | |||||
| ROA | -22.3 % | 25.8 % | 71.3 % | 70.7 % | -45.0 % |
| ROE | -29.9 % | 33.1 % | 100.0 % | 96.8 % | -76.2 % |
| ROI | -37.4 % | 43.3 % | 128.9 % | 127.3 % | -75.0 % |
| Economic value added (EVA) | - 114.19 | 136.97 | 1 053.35 | 3 008.87 | -2 833.55 |
| Solvency | |||||
| Equity ratio | 59.7 % | 59.4 % | 54.1 % | 56.0 % | 71.3 % |
| Gearing | |||||
| Relative net indebtedness % | |||||
| Liquidity | |||||
| Quick ratio | 1.7 | 2.2 | 1.6 | 2.2 | 3.4 |
| Current ratio | 1.7 | 2.2 | 2.2 | 2.3 | 3.5 |
| Cash and cash equivalents | 356.81 | 641.56 | 1 533.59 | 1 525.48 | 331.56 |
| Capital use efficiency | |||||
| Trade debtors turnover (days) | |||||
| Net working capital % | |||||
| Credit risk | |||||
| Credit rating | BB | BBB | BBB | BBB | BB |
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