Hong Da Holding ApS — Credit Rating and Financial Key Figures

CVR number: 37395129
Grantoftestræde 11, 2750 Ballerup

Company information

Official name
Hong Da Holding ApS
Established
2016
Company form
Private limited company
Industry

About Hong Da Holding ApS

Hong Da Holding ApS (CVR number: 37395129) is a company from BALLERUP. The company recorded a gross profit of -22.5 kDKK in 2023. The operating profit was -22.5 kDKK, while net earnings were 1806 kDKK. The profitability of the company measured by Return on Assets (ROA) was 18.8 %, which can be considered excellent and Return on Equity (ROE) was 19.3 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 92.3 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. Hong Da Holding ApS's liquidity measured by quick ratio was 8.6 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 financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2019
2020
2021
2022
2023
Volume
Net sales
Gross profit-19.25-19.89-22.68-24.93-22.50
EBIT-19.25-19.89-22.68-24.93-22.50
Net earnings1 799.79438.511 694.701 761.631 806.05
Shareholders equity total4 939.305 377.817 016.018 577.6310 183.68
Balance sheet total (assets)7 870.766 370.957 865.249 422.8611 030.13
Net debt858.19- 489.69- 259.38- 911.48- 709.84
Profitability
EBIT-%
ROA25.4 %19.9 %26.0 %20.4 %18.8 %
ROE44.6 %8.5 %27.3 %22.6 %19.3 %
ROI30.8 %23.5 %29.7 %22.5 %20.4 %
Economic value added (EVA)-7.73-5.02-51.36-51.75- 106.26
Solvency
Equity ratio62.8 %84.4 %89.2 %91.0 %92.3 %
Gearing34.2 %0.9 %0.7 %0.6 %0.5 %
Relative net indebtedness %
Liquidity
Quick ratio1.94.45.87.28.6
Current ratio1.94.45.87.28.6
Cash and cash equivalents832.45540.76310.45962.55760.91
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingAAAAA

Variable visualization

ROA:18.8%
Rating: 72/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:92.3%
Rating: 73/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer

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