HVACON Marine Systems A/S — Credit Rating and Financial Key Figures

CVR number: 32643434
Elsenbakken 13, 3600 Frederikssund
chb@hvaconmarine.com

Credit rating

Company information

Official name
HVACON Marine Systems A/S
Personnel
26 persons
Established
2009
Company form
Limited company
Industry
  • Expand more icon30Manufacture of other transport equipment

About HVACON Marine Systems A/S

HVACON Marine Systems A/S (CVR number: 32643434) is a company from FREDERIKSSUND. The company recorded a gross profit of 58.7 mDKK in 2023. The operating profit was 37.3 mDKK, while net earnings were 27.9 mDKK. The profitability of the company measured by Return on Assets (ROA) was 44.1 %, which can be considered excellent and Return on Equity (ROE) was 96.1 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 43.8 %, 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. HVACON Marine Systems A/S's liquidity measured by quick ratio was 2.6 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
2019
2020
2021
2022
2023
Volume
Net sales
Gross profit14 330.0013 595.0032 118.0039 679.0058 705.39
EBIT6 391.006 890.0021 746.0023 967.0037 268.47
Net earnings4 764.005 156.0016 613.0018 143.0027 942.86
Shareholders equity total7 509.0010 284.0021 697.0022 139.0036 010.53
Balance sheet total (assets)17 912.0024 615.0056 671.0074 219.0097 868.39
Net debt10 647.004 124.80
Profitability
EBIT-%
ROA29.2 %32.4 %53.5 %37.2 %44.1 %
ROE51.5 %58.0 %103.9 %82.8 %96.1 %
ROI41.6 %32.4 %53.5 %44.5 %68.8 %
Economic value added (EVA)6 278.746 512.6721 229.2317 588.9328 443.65
Solvency
Equity ratio100.0 %100.0 %100.0 %33.0 %43.8 %
Gearing93.7 %24.7 %
Relative net indebtedness %
Liquidity
Quick ratio2.02.6
Current ratio1.71.9
Cash and cash equivalents10 089.004 760.84
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBBAA

Variable visualization

ROA:44.1%
Rating: 91/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:43.8%
Rating: 36/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Board member
Chairman of the board
Board member

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