HKN ApS — Credit Rating and Financial Key Figures

CVR number: 14788336
Nørregade 45, 7500 Holstebro

Company information

Official name
HKN ApS
Established
1990
Company form
Private limited company
Industry

About HKN ApS

HKN ApS (CVR number: 14788336) is a company from HOLSTEBRO. The company recorded a gross profit of 0 kDKK in 2023. The operating profit was -12.8 kDKK, while net earnings were 460.4 kDKK. The profitability of the company measured by Return on Assets (ROA) was 6.4 %, which can be considered decent but Return on Equity (ROE) was 10.1 %, which can be considered good. The equity ratio, a key indicator for solidity, stood at 47.6 %, a level that can be considered to be modest. This means a balanced mix of debt and equity financing its assets—a typical operational level for many companies. HKN ApS's liquidity measured by quick ratio was 0.7 which is at a low level. Thus, the company may face difficulties in addressing its short-term obligations with its available liquid assets.

Financial information

See financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2019
2020
2021
2022
2023
Volume
Net sales
Gross profit
EBIT-18.69-10.73-13.17-13.44-12.77
Net earnings- 436.70224.59- 713.55- 740.53460.37
Shareholders equity total5 935.246 049.835 223.284 368.744 709.12
Balance sheet total (assets)9 241.8811 091.8910 176.679 351.189 890.35
Net debt2 756.214 553.384 283.921 669.391 778.64
Profitability
EBIT-%
ROA-3.0 %2.8 %-0.6 %-2.7 %6.4 %
ROE-7.1 %3.7 %-12.7 %-15.4 %10.1 %
ROI-3.2 %2.8 %-0.6 %-2.7 %6.4 %
Economic value added (EVA)- 205.70-16.95-84.27-54.75106.54
Solvency
Equity ratio64.2 %54.5 %51.3 %46.7 %47.6 %
Gearing55.6 %83.2 %94.4 %113.7 %109.5 %
Relative net indebtedness %
Liquidity
Quick ratio0.20.20.20.70.7
Current ratio0.20.20.20.70.7
Cash and cash equivalents541.43478.68647.483 300.043 378.60
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingAAAAAA

Variable visualization

ROA:6.35%
Rating: 47/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:47.6%
Rating: 38/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

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