HI-FIX A/S — Credit Rating and Financial Key Figures

CVR number: 21798770
Stenagervej 5, 8752 Østbirk
hl@hi-fix.dk
tel: 75780709

Credit rating

Company information

Official name
HI-FIX A/S
Personnel
15 persons
Established
1999
Company form
Limited company
Industry

About HI-FIX A/S

HI-FIX A/S (CVR number: 21798770) is a company from HORSENS. The company recorded a gross profit of 2250.3 kDKK in 2024. The operating profit was 26.3 kDKK, while net earnings were -190.7 kDKK. The profitability of the company measured by Return on Assets (ROA) was 0.7 %, which can be considered weak but Return on Equity (ROE) was -13.9 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 16.6 %, a level that can be considered to be very low. This means the company is highly leveraged, with most assets financed through debt. This high level of financial risk could pose challenges in periods of financial distress or rising interest rates. HI-FIX A/S's liquidity measured by quick ratio was 0.5 which is at a very low level. Thus, the company is in an unstable financial position, with its liquid assets significantly undermatching its current liabilities. This severe liquidity deficiency may lead to financial distress and threaten the company's operational continuity.

Financial information

See financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2020
2021
2022
2023
2024
Volume
Net sales
Gross profit4 416.384 298.052 394.071 858.662 250.31
EBIT929.411 112.96- 365.50- 394.5626.35
Net earnings666.71799.65- 398.64- 486.31- 190.74
Shareholders equity total2 749.133 003.471 952.931 466.631 275.89
Balance sheet total (assets)7 019.198 788.368 521.028 222.127 688.63
Net debt670.491 494.803 780.983 757.223 972.01
Profitability
EBIT-%
ROA14.1 %14.4 %-4.0 %-4.5 %0.7 %
ROE25.6 %27.8 %-16.1 %-28.4 %-13.9 %
ROI20.0 %20.2 %-5.2 %-5.6 %0.9 %
Economic value added (EVA)490.78626.05- 609.21- 651.80- 300.56
Solvency
Equity ratio39.2 %34.2 %22.9 %17.8 %16.6 %
Gearing71.7 %87.0 %209.2 %296.3 %336.4 %
Relative net indebtedness %
Liquidity
Quick ratio0.80.70.50.50.5
Current ratio1.51.41.21.21.2
Cash and cash equivalents1 300.861 118.11305.46588.38320.16
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingAABBBBBBBBB

Variable visualization

ROA:0.68%
Rating: 23/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:16.6%
Rating: 16/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Board member
Chairman of the board

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