HECO INTERNATIONAL A/S — Credit Rating and Financial Key Figures

CVR number: 37660612
Hecovej 1, 8722 Hedensted
heco@heco.dk
tel: 75892122

Company information

Official name
HECO INTERNATIONAL A/S
Personnel
37 persons
Established
1971
Company form
Limited company
Industry

About HECO INTERNATIONAL A/S

HECO INTERNATIONAL A/S (CVR number: 37660612) is a company from HEDENSTED. The company recorded a gross profit of 29.9 mDKK in 2024. The operating profit was 9197 kDKK, while net earnings were 6446 kDKK. The profitability of the company measured by Return on Assets (ROA) was 12 %, which can be considered good and Return on Equity (ROE) was 10.7 %, which can be considered good. The equity ratio, a key indicator for solidity, stood at 68.2 %, 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. HECO INTERNATIONAL A/S's liquidity measured by quick ratio was 2.7 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

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2020
2021
2022
2023
2024
Volume
Net sales
Gross profit29 031.0041 543.0021 002.0029 859.00
EBIT11 073.0013 979.004 452.009 197.00
Net earnings8 569.0010 822.002 146.006 446.00
Shareholders equity total44 242.0055 064.0057 210.0063 657.00
Balance sheet total (assets)69 705.00100 723.0086 618.0093 400.00
Net debt7 783.0031 503.0015 012.0018 644.00
Profitability
EBIT-%
ROA15.7 %14.9 %5.7 %12.0 %
ROE21.4 %19.7 %3.8 %10.7 %
ROI19.6 %11.9 %5.3 %13.5 %
Economic value added (EVA)5 576.80-2 711.7410 903.12-1 571.232 331.00
Solvency
Equity ratio63.5 %85.2 %66.0 %68.2 %
Gearing17.6 %57.5 %30.4 %31.8 %
Relative net indebtedness %
Liquidity
Quick ratio1.844.32.42.7
Current ratio3.567.33.43.5
Cash and cash equivalents140.002 388.001 573.00
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingAAAA

Variable visualization

ROA:12.0%
Rating: 62/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:68.2%
Rating: 52/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chairman of the board
Board member

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