Hearts & Science A/S — Credit Rating and Financial Key Figures
Credit rating
Company information
About Hearts & Science A/S
Hearts & Science A/S (CVR number: 39700018) is a company from KØBENHAVN. The company reported a net sales of 31.1 mDKK in 2024, demonstrating a growth of 11.2 % compared to the previous year. The operating profit percentage was at 14 % (EBIT: 4.4 mDKK), while net earnings were 3810 kDKK. The profitability of the company measured by Return on Assets (ROA) was 9 %, which can be considered good but Return on Equity (ROE) was 34.8 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 22.7 %, 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. Hearts & Science A/S's liquidity measured by quick ratio was 1.3 which is at a high level. Thus, the company is in a strong financial position, with liquid assets surpassing current liabilities. It is well-prepared to cover short-term financial obligations.
Financial information
See financialsNet sales (mDKK)
EBIT (mDKK)
Profitability
Solidity
Key figures (mDKK)
See financials2020 | 2021 | 2022 | 2023 | 2024 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | 6.85 | 10.80 | 14.81 | 28.01 | 31.14 |
Gross profit | 3.50 | 7.10 | 8.89 | 14.43 | 14.81 |
EBIT | 0.02 | 2.90 | 3.31 | 5.62 | 4.35 |
Net earnings | 0.01 | 2.24 | 2.55 | 4.55 | 3.81 |
Shareholders equity total | -0.29 | 1.95 | 4.50 | 9.05 | 12.86 |
Balance sheet total (assets) | 29.45 | 24.50 | 42.06 | 52.95 | 56.53 |
Net debt | 3.95 | 3.44 | 8.41 | 17.39 | 15.62 |
Profitability | |||||
EBIT-% | 0.3 % | 26.8 % | 22.3 % | 20.1 % | 14.0 % |
ROA | 0.1 % | 10.7 % | 10.0 % | 12.3 % | 9.0 % |
ROE | 0.0 % | 14.3 % | 79.1 % | 67.2 % | 34.8 % |
ROI | 0.4 % | 62.0 % | 36.3 % | 29.8 % | 17.9 % |
Economic value added (EVA) | 0.03 | 2.27 | 2.47 | 4.15 | 2.94 |
Solvency | |||||
Equity ratio | -1.0 % | 8.0 % | 10.7 % | 17.1 % | 22.7 % |
Gearing | -1357.7 % | 176.5 % | 187.0 % | 192.1 % | 121.5 % |
Relative net indebtedness % | 434.4 % | 208.8 % | 253.6 % | 156.8 % | 140.3 % |
Liquidity | |||||
Quick ratio | 1.0 | 1.1 | 1.1 | 1.2 | 1.3 |
Current ratio | 1.0 | 1.1 | 1.1 | 1.2 | 1.3 |
Cash and cash equivalents | |||||
Capital use efficiency | |||||
Trade debtors turnover (days) | 1 320.8 | 379.0 | 605.9 | 486.6 | 332.6 |
Net working capital % | -4.3 % | 18.1 % | 30.4 % | 32.1 % | 41.3 % |
Credit risk | |||||
Credit rating | BB | BBB | BBB | BBB | BBB |
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