Hip Hop ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About Hip Hop ApS
Hip Hop ApS (CVR number: 43193708) is a company from FREDERIKSBERG. The company recorded a gross profit of 455.9 kDKK in 2024. The operating profit was -182.1 kDKK, while net earnings were -145.7 kDKK. The profitability of the company measured by Return on Assets (ROA) was -49.2 %, which can be considered poor and Return on Equity (ROE) was -91.6 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 43.3 %, 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. Hip Hop ApS's liquidity measured by quick ratio was 1.8 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 | |
---|---|---|---|---|
Volume | ||||
Net sales | ||||
Gross profit | 47.32 | 230.79 | 455.86 | |
EBIT | - 105.70 | - 120.29 | - 182.07 | |
Net earnings | -82.88 | -93.77 | - 145.69 | |
Shareholders equity total | -42.88 | - 136.65 | 217.66 | |
Balance sheet total (assets) | 62.49 | 100.62 | 503.03 | |
Net debt | 3.03 | 85.11 | - 220.00 | |
Profitability | ||||
EBIT-% | ||||
ROA | -100.3 % | -70.2 % | -49.2 % | |
ROE | -132.6 % | -115.0 % | -91.6 % | |
ROI | -248.6 % | -145.6 % | -71.4 % | |
Economic value added (EVA) | -82.74 | -89.26 | - 134.78 | |
Solvency | ||||
Equity ratio | -40.7 % | -57.6 % | 43.3 % | |
Gearing | -99.2 % | -89.8 % | 77.9 % | |
Relative net indebtedness % | ||||
Liquidity | ||||
Quick ratio | 0.6 | 0.4 | 1.8 | |
Current ratio | 0.6 | 0.4 | 1.8 | |
Cash and cash equivalents | 39.49 | 37.66 | 389.63 | |
Capital use efficiency | ||||
Trade debtors turnover (days) | ||||
Net working capital % | ||||
Credit risk | ||||
Credit rating | B | B | BB | BB |
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