HYDRO-X INTERNATIONAL A/S — Credit Rating and Financial Key Figures
Credit rating
Company information
About HYDRO-X INTERNATIONAL A/S
HYDRO-X INTERNATIONAL A/S (CVR number: 15200006) is a company from Brønderslev. The company recorded a gross profit of -74.2 kDKK in 2023. The operating profit was -74.2 kDKK, while net earnings were 259.5 kDKK. The profitability of the company measured by Return on Assets (ROA) was 2.2 %, which can be considered weak and Return on Equity (ROE) was 0.4 %, which can be considered weak. The equity ratio, a key indicator for solidity, stood at 73.6 %, 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. HYDRO-X INTERNATIONAL A/S's liquidity measured by quick ratio was 1.9 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 financials2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | |||||
Gross profit | -46.39 | -47.34 | -52.95 | -67.13 | -74.16 |
EBIT | -46.39 | -47.34 | -52.95 | -67.13 | -74.16 |
Net earnings | 5 129.77 | 7 228.15 | 6 006.52 | 27 085.52 | 259.53 |
Shareholders equity total | 55 069.52 | 62 256.65 | 41 881.65 | 68 967.17 | 69 226.70 |
Balance sheet total (assets) | 80 446.75 | 88 000.67 | 65 923.84 | 97 853.40 | 94 076.24 |
Net debt | -23 129.43 | -32 637.54 | -21 697.61 | -22 224.88 | -21 458.55 |
Profitability | |||||
EBIT-% | |||||
ROA | 8.1 % | 9.6 % | 8.3 % | 33.4 % | 2.2 % |
ROE | 9.7 % | 12.3 % | 11.5 % | 48.9 % | 0.4 % |
ROI | 8.3 % | 9.8 % | 8.5 % | 35.0 % | 2.3 % |
Economic value added (EVA) | 2 424.49 | 2 496.90 | 2 471.03 | 1 060.86 | -47.92 |
Solvency | |||||
Equity ratio | 68.5 % | 70.7 % | 63.5 % | 70.5 % | 73.6 % |
Gearing | 43.5 % | 38.7 % | 54.2 % | 32.9 % | 35.0 % |
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 1.9 | 2.3 | 1.9 | 1.8 | 1.9 |
Current ratio | 1.9 | 2.3 | 1.9 | 1.8 | 1.9 |
Cash and cash equivalents | 47 088.74 | 56 754.67 | 44 409.74 | 44 914.66 | 45 657.74 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | AA | AA | AAA | AA | A |
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