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HEC Development ApS — Credit Rating and Financial Key Figures

CVR number: 43135686
Willemoesgade 2, 6700 Esbjerg
Free credit report Annual report

Credit rating

Company information

Official name
HEC Development ApS
Established
2022
Company form
Private limited company
Industry

About HEC Development ApS

HEC Development ApS (CVR number: 43135686) is a company from ESBJERG. The company recorded a gross profit of 0 kDKK in 2025. The operating profit was -880 kDKK, while net earnings were -735.4 kDKK. The profitability of the company measured by Return on Assets (ROA) was -9.7 %, which can be considered poor and Return on Equity (ROE) was -11.3 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 64.8 %, a level that can be considered to be good. This shows that a large part of the company's assets are funded by shareholders' equity, reducing financial risk. HEC Development ApS's liquidity measured by quick ratio was 0.7 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 financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2022
2023
2024
2025
Volume
Net sales
Gross profit36.89
EBIT36.89- 258.91- 398.45- 880.05
Net earnings27.25- 225.49- 351.16- 735.40
Shareholders equity total7 427.257 201.766 850.606 115.20
Balance sheet total (assets)8 685.118 631.758 703.179 430.71
Net debt1 138.591 278.111 461.742 482.18
Profitability
EBIT-%
ROA0.4 %-3.0 %-4.6 %-9.7 %
ROE0.4 %-3.1 %-5.0 %-11.3 %
ROI0.4 %-3.0 %-4.7 %-10.2 %
Economic value added (EVA)28.57- 632.98- 740.94-1 109.26
Solvency
Equity ratio85.5 %83.6 %78.7 %64.8 %
Gearing15.3 %19.0 %23.1 %42.5 %
Relative net indebtedness %
Liquidity
Quick ratio0.23.70.90.7
Current ratio0.22.70.90.7
Cash and cash equivalents0.1888.97119.99117.94
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBABBBBBB

Variable visualization

ROA:-9.66%
Rating: 10/100
-20%
0%
4%
11%
24%
60%
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Equity ratio:64.8%
Rating: 50/100
-1%
21%
50%
81%
99%
100%
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Roles

Companies in the same industry

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