HHE 3 A/S — Credit Rating and Financial Key Figures

CVR number: 41816740
Vittenvej 88 A, Vitten 8382 Hinnerup

Company information

Official name
HHE 3 A/S
Established
2020
Domicile
Vitten
Company form
Limited company
Industry

About HHE 3 A/S

HHE 3 A/S (CVR number: 41816740) is a company from FAVRSKOV. The company recorded a gross profit of 2241.7 kDKK in 2023. The operating profit was 1912.1 kDKK, while net earnings were 694.6 kDKK. The profitability of the company measured by Return on Assets (ROA) was 2.3 %, which can be considered weak but Return on Equity (ROE) was 5.1 %, which can be considered decent. The equity ratio, a key indicator for solidity, stood at 29.4 %, 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. HHE 3 A/S's liquidity measured by quick ratio was 0.9 which is at a modest level. Thus, the company's liquid assets are in relative balance with its short-term liabilities, indicating a moderate liquidity position. While it's likely to meet its current obligations, financial flexibility may be constrained, and unexpected costs could pose challenges.

Financial information

See financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2021
2022
2023
Volume
Net sales
Gross profit2 465.092 299.842 241.70
EBIT2 095.821 970.921 912.12
Net earnings714.991 021.55694.62
Shareholders equity total1 214.992 236.5524 931.16
Balance sheet total (assets)83 939.7784 365.0084 922.04
Net debt80 494.6279 052.6755 976.20
Profitability
EBIT-%
ROA2.5 %2.3 %2.3 %
ROE58.8 %59.2 %5.1 %
ROI2.5 %2.4 %2.3 %
Economic value added (EVA)1 634.74-1 084.84-1 108.33
Solvency
Equity ratio1.4 %2.7 %29.4 %
Gearing6686.0 %3593.0 %233.3 %
Relative net indebtedness %
Liquidity
Quick ratio0.40.60.9
Current ratio0.40.60.9
Cash and cash equivalents739.471 306.202 183.52
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingAAAA

Variable visualization

ROA:2.27%
Rating: 31/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:29.4%
Rating: 26/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Board member
Chief executive officer

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