Credit rating
Company information
About HVACON Force Systems A/S
HVACON Force Systems A/S (CVR number: 40607838) is a company from FREDERIKSSUND. The company recorded a gross profit of -16.2 kDKK in 2023. The operating profit was -16.2 kDKK, while net earnings were -7.9 kDKK. The profitability of the company measured by Return on Assets (ROA) was -1.2 %, which can be considered poor and Return on Equity (ROE) was -2.3 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 25.1 %, 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. HVACON Force Systems A/S's liquidity measured by quick ratio was 0.5 which is at a low level. Thus, the company may face difficulties in addressing its short-term obligations with its available liquid assets.
Financial information
See financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | |||||
Gross profit | -10.00 | -23.00 | -17.00 | -11.00 | -16.20 |
EBIT | -10.00 | -23.00 | -17.00 | -11.00 | -16.20 |
Net earnings | -11.00 | -20.00 | -16.00 | -9.00 | -7.90 |
Shareholders equity total | 389.00 | 369.00 | 353.00 | 344.00 | 336.44 |
Balance sheet total (assets) | 393.00 | 373.00 | 360.00 | 353.00 | 1 342.50 |
Net debt | - 391.00 | - 366.00 | - 348.00 | - 341.00 | - 333.21 |
Profitability | |||||
EBIT-% | |||||
ROA | -2.5 % | -6.0 % | -4.6 % | -3.1 % | -1.2 % |
ROE | -2.8 % | -5.3 % | -4.4 % | -2.6 % | -2.3 % |
ROI | -2.6 % | -6.1 % | -4.7 % | -3.2 % | -3.0 % |
Economic value added (EVA) | -9.17 | -17.59 | -13.75 | -8.50 | -12.79 |
Solvency | |||||
Equity ratio | 99.0 % | 98.9 % | 98.1 % | 97.5 % | 25.1 % |
Gearing | |||||
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 98.3 | 93.3 | 51.4 | 39.2 | 0.5 |
Current ratio | 98.3 | 93.3 | 51.4 | 39.2 | 1.3 |
Cash and cash equivalents | 391.00 | 366.00 | 348.00 | 341.00 | 333.21 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | BB | BB | B | B | BB |
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