Hydro Hull Cleaning A/S — Credit Rating and Financial Key Figures
Credit rating
Company information
About Hydro Hull Cleaning A/S
Hydro Hull Cleaning A/S (CVR number: 35244360) is a company from GENTOFTE. The company recorded a gross profit of -1512.3 kDKK in 2023. The operating profit was -4406.6 kDKK, while net earnings were -3844.6 kDKK. The profitability of the company measured by Return on Assets (ROA) was -11.9 %, which can be considered poor and Return on Equity (ROE) was -20.2 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 45.4 %, 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. Hydro Hull Cleaning A/S'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 financials2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | |||||
Gross profit | 595.07 | 685.06 | - 732.13 | -1 747.48 | -1 512.29 |
EBIT | 595.07 | -2 996.22 | -4 269.16 | -5 075.31 | -4 406.61 |
Net earnings | 613.92 | -2 311.28 | -3 100.44 | -3 862.68 | -3 844.63 |
Shareholders equity total | 5 398.92 | 3 087.65 | 24 852.21 | 20 989.52 | 17 144.89 |
Balance sheet total (assets) | 29 708.34 | 27 280.18 | 33 682.63 | 36 311.32 | 37 796.21 |
Net debt | 15 988.16 | 16 409.54 | -3 296.43 | 6 256.80 | 11 711.76 |
Profitability | |||||
EBIT-% | |||||
ROA | 2.0 % | -10.5 % | -13.9 % | -14.5 % | -11.9 % |
ROE | 12.1 % | -54.5 % | -22.2 % | -16.9 % | -20.2 % |
ROI | 2.0 % | -10.6 % | -14.1 % | -15.5 % | -13.5 % |
Economic value added (EVA) | 803.45 | -2 195.90 | -2 910.06 | -4 413.96 | -3 617.82 |
Solvency | |||||
Equity ratio | 72.1 % | 69.8 % | 73.8 % | 58.6 % | 45.4 % |
Gearing | 296.2 % | 545.1 % | 2.3 % | 30.3 % | 73.0 % |
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 4.6 | 2.5 | 5.8 | 1 816.1 | 1.8 |
Current ratio | 3.8 | 2.5 | 7.0 | 8 221.8 | 7.4 |
Cash and cash equivalents | 2.19 | 420.52 | 3 866.43 | 112.61 | 802.42 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | A | BBB | BBB | BBB | BBB |
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