HC Finans ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About HC Finans ApS
HC Finans ApS (CVR number: 36933062K) is a company from GRIBSKOV. The company reported a net sales of 724.8 mDKK in 2022, demonstrating a growth of 14.8 % compared to the previous year. The operating profit percentage was at 7.3 % (EBIT: 53.2 mDKK), while net earnings were 27.5 mDKK. The profitability of the company measured by Return on Assets (ROA) was 8.3 %, which can be considered good but Return on Equity (ROE) was 33.4 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 34.1 %, 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. HC Finans ApS'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 financials2018 | 2019 | 2020 | 2021 | 2022 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | 528.73 | 595.33 | 544.45 | 631.57 | 724.77 |
Gross profit | 72.46 | 57.38 | 51.31 | 64.48 | 96.11 |
EBIT | 29.73 | 15.29 | 4.57 | 19.69 | 53.19 |
Net earnings | 25.74 | 17.48 | 16.28 | 32.65 | 27.48 |
Shareholders equity total | 207.61 | 278.28 | |||
Balance sheet total (assets) | 533.17 | 549.42 | 598.88 | 604.99 | 816.34 |
Net debt | -35.48 | 95.49 | |||
Profitability | |||||
EBIT-% | 5.6 % | 2.6 % | 0.8 % | 3.1 % | 7.3 % |
ROA | 6.5 % | 2.8 % | 0.8 % | 3.3 % | 8.3 % |
ROE | 17.5 % | 23.5 % | 33.4 % | ||
ROI | 9.0 % | 3.3 % | 0.8 % | 3.3 % | 9.6 % |
Economic value added (EVA) | 15.83 | 7.58 | 4.57 | 19.69 | 41.60 |
Solvency | |||||
Equity ratio | 38.9 % | 34.1 % | |||
Gearing | 25.5 % | 73.4 % | |||
Relative net indebtedness % | 40.8 % | 55.9 % | |||
Liquidity | |||||
Quick ratio | 1.2 | 1.3 | |||
Current ratio | 1.3 | 1.3 | |||
Cash and cash equivalents | 88.38 | 108.79 | |||
Capital use efficiency | |||||
Trade debtors turnover (days) | 75.1 | 79.6 | |||
Net working capital % | 3.8 % | 1.6 % | |||
Credit risk | |||||
Credit rating | AAA | BBB | BBB | BBB | AAA |
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