HB PROPERTIES ApS — Credit Rating and Financial Key Figures

CVR number: 35038523
Annexgårdsvej 42, 2610 Rødovre

Credit rating

Company information

Official name
HB PROPERTIES ApS
Established
2013
Company form
Private limited company
Industry

About HB PROPERTIES ApS

HB PROPERTIES ApS (CVR number: 35038523) is a company from RØDOVRE. The company recorded a gross profit of 839.9 kDKK in 2023. The operating profit was 763.5 kDKK, while net earnings were 363.9 kDKK. The profitability of the company measured by Return on Assets (ROA) was 9.6 %, which can be considered good but Return on Equity (ROE) was 18 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 27.7 %, a level that can be considered to be low. This means a higher proportion of debt in its capital structure, indicating a greater reliance on borrowed funds. HB PROPERTIES ApS's liquidity measured by quick ratio was 0 which is at a very low level. Thus, the company is in an unstable financial position, with its liquid assets significantly undermatching its current liabilities. This severe liquidity deficiency may lead to financial distress and threaten the company's operational continuity.

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 profit644.53624.54517.21597.12839.94
EBIT568.12548.12440.79520.71763.52
Net earnings269.34261.36185.61255.02363.92
Shareholders equity total1 137.751 399.101 584.711 839.732 203.65
Balance sheet total (assets)8 255.248 202.108 102.018 027.887 955.28
Net debt6 069.135 644.322 521.982 481.092 101.77
Profitability
EBIT-%
ROA6.8 %6.7 %5.4 %6.5 %9.6 %
ROE26.9 %20.6 %12.4 %14.9 %18.0 %
ROI7.8 %7.6 %6.3 %9.3 %17.5 %
Economic value added (EVA)46.7938.37-42.23172.25349.01
Solvency
Equity ratio13.8 %17.1 %19.7 %23.1 %27.7 %
Gearing537.2 %408.1 %161.6 %137.3 %97.3 %
Relative net indebtedness %
Liquidity
Quick ratio0.00.00.00.00.0
Current ratio0.00.00.00.00.0
Cash and cash equivalents42.4465.7238.6244.3342.08
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBBBBBBBB

Variable visualization

ROA:9.55%
Rating: 56/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:27.7%
Rating: 25/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer
Chief executive officer

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