HAPPEL HOLDING ApS — Credit Rating and Financial Key Figures

CVR number: 29835454
Helgavej 22, 5230 Odense M

Credit rating

Company information

Official name
HAPPEL HOLDING ApS
Established
2007
Company form
Private limited company
Industry

About HAPPEL HOLDING ApS

HAPPEL HOLDING ApS (CVR number: 29835454) is a company from ODENSE. The company recorded a gross profit of -509.3 kDKK in 2024. The operating profit was -768.8 kDKK, while net earnings were 97 mDKK. The profitability of the company measured by Return on Assets (ROA) was 113.2 %, which can be considered excellent and Return on Equity (ROE) was 115 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 95.5 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. HAPPEL HOLDING ApS's liquidity measured by quick ratio was 43.4 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 profit233.00-43.00116.00- 531.00- 509.26
EBIT137.00- 145.0014.00- 672.00- 768.85
Net earnings5 777.003 921.007 126.004 141.0097 033.08
Shareholders equity total29 611.0029 320.0035 446.0038 597.00130 223.74
Balance sheet total (assets)33 071.0032 895.0040 413.0044 248.00136 394.11
Net debt-3 349.00-3 513.00-2 511.001 732.00-58 074.79
Profitability
EBIT-%
ROA19.3 %13.5 %22.3 %10.5 %113.2 %
ROE20.8 %13.3 %22.0 %11.2 %115.0 %
ROI19.5 %13.6 %22.4 %10.6 %114.3 %
Economic value added (EVA)-1 312.70-1 754.52-1 632.51-2 506.22-2 805.43
Solvency
Equity ratio89.5 %89.1 %87.7 %87.2 %95.5 %
Gearing11.0 %11.5 %13.9 %13.1 %3.8 %
Relative net indebtedness %
Liquidity
Quick ratio38.217.779.417.943.4
Current ratio38.217.779.417.943.4
Cash and cash equivalents6 605.006 898.007 445.003 342.0063 025.39
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingAAAABBB

Variable visualization

ROA:113.2%
Rating: 100/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:95.5%
Rating: 76/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer

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