HD Manufacturing Europe ApS
Credit rating
Company information
About HD Manufacturing Europe ApS
HD Manufacturing Europe ApS (CVR number: 35404287) is a company from KØBENHAVN. The company recorded a gross profit of -6.9 kDKK in 2023. The operating profit was -6.9 kDKK, while net earnings were 4.6 kDKK. The profitability of the company measured by Return on Assets (ROA) was 0.9 %, which can be considered weak but Return on Equity (ROE) was 4.3 %, which can be considered decent. The equity ratio, a key indicator for solidity, stood at 54.5 %, 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. HD Manufacturing Europe ApS's liquidity measured by quick ratio was 2.2 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 | -6.25 | -6.28 | -5.03 | -6.95 | -6.92 |
EBIT | -6.25 | -6.28 | -5.03 | -6.95 | -6.92 |
Net earnings | -6.26 | -6.29 | -5.05 | -2.20 | 4.62 |
Shareholders equity total | 123.37 | 117.08 | 112.02 | 109.83 | 104.44 |
Balance sheet total (assets) | 199.59 | 193.30 | 198.24 | 193.64 | 191.70 |
Net debt | 63.19 | 64.48 | 64.54 | 68.19 | 68.56 |
Profitability | |||||
EBIT-% | |||||
ROA | -3.1 % | -3.2 % | -2.6 % | 0.2 % | 0.9 % |
ROE | -4.9 % | -5.2 % | -4.4 % | -2.0 % | 4.3 % |
ROI | -3.2 % | -3.4 % | -2.7 % | 0.3 % | 1.0 % |
Economic value added (EVA) | -12.61 | -12.32 | -10.82 | -12.24 | -12.40 |
Solvency | |||||
Equity ratio | 61.8 % | 60.6 % | 56.5 % | 56.7 % | 54.5 % |
Gearing | 53.7 % | 56.6 % | 63.6 % | 62.7 % | 69.2 % |
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 2.6 | 2.5 | 2.3 | 2.3 | 2.2 |
Current ratio | 2.6 | 2.5 | 2.3 | 2.3 | 2.2 |
Cash and cash equivalents | 3.03 | 1.74 | 6.68 | 0.68 | 3.76 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | B | B | B | B | B |
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