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HUGIN 20 ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About HUGIN 20 ApS
HUGIN 20 ApS (CVR number: 35526498) is a company from RINGSTED. The company recorded a gross profit of -48 kDKK in 2025. The operating profit was -48 kDKK, while net earnings were -38.5 kDKK. The profitability of the company measured by Return on Assets (ROA) was -3.8 %, which can be considered poor and Return on Equity (ROE) was -13.7 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 61.6 %, 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. HUGIN 20 ApS's liquidity measured by quick ratio was 2.6 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 financials2021 | 2022 | 2023 | 2024 | 2025 | |
|---|---|---|---|---|---|
| Volume | |||||
| Net sales | |||||
| Gross profit | 603.64 | 645.79 | 696.51 | 6 854.89 | -47.97 |
| EBIT | 521.21 | 563.35 | 696.51 | 6 854.89 | -47.97 |
| Net earnings | 368.43 | 278.57 | 477.83 | 5 456.95 | -38.52 |
| Shareholders equity total | 1 767.21 | 1 845.78 | 2 073.61 | 530.56 | 32.04 |
| Balance sheet total (assets) | 5 666.08 | 5 597.07 | 5 309.49 | 1 944.42 | 52.04 |
| Net debt | 2 906.49 | 2 718.78 | 2 366.36 | - 128.35 | -52.04 |
| Profitability | |||||
| EBIT-% | |||||
| ROA | 9.3 % | 10.0 % | 12.8 % | 190.1 % | -3.8 % |
| ROE | 21.9 % | 15.4 % | 24.4 % | 419.1 % | -13.7 % |
| ROI | 9.6 % | 10.4 % | 14.2 % | 276.9 % | -13.5 % |
| Economic value added (EVA) | 162.48 | 155.27 | 303.58 | 5 270.77 | -74.63 |
| Solvency | |||||
| Equity ratio | 31.2 % | 33.0 % | 39.1 % | 27.3 % | 61.6 % |
| Gearing | 175.6 % | 158.4 % | 114.7 % | ||
| Relative net indebtedness % | |||||
| Liquidity | |||||
| Quick ratio | 0.7 | 1.1 | 0.0 | 31.0 | 2.6 |
| Current ratio | 0.7 | 1.1 | 0.0 | 31.0 | 2.6 |
| Cash and cash equivalents | 196.09 | 205.22 | 11.41 | 128.35 | 52.04 |
| Capital use efficiency | |||||
| Trade debtors turnover (days) | |||||
| Net working capital % | |||||
| Credit risk | |||||
| Credit rating | A | A | A | BB | BB |
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