HOT AIR HOLDING ApS — Credit Rating and Financial Key Figures

CVR number: 33600038
Rødsbækvej 11, Viby 5370 Mesinge
al@21stnorth.com
tel: 40591012

Credit rating

Company information

Official name
HOT AIR HOLDING ApS
Personnel
1 person
Established
2011
Domicile
Viby
Company form
Private limited company
Industry

About HOT AIR HOLDING ApS

HOT AIR HOLDING ApS (CVR number: 33600038) is a company from KERTEMINDE. The company recorded a gross profit of 259.4 kDKK in 2024. The operating profit was 172.3 kDKK, while net earnings were 208.2 kDKK. The profitability of the company measured by Return on Assets (ROA) was 5.8 %, which can be considered decent and Return on Equity (ROE) was 4.2 %, which can be considered decent. The equity ratio, a key indicator for solidity, stood at 97.7 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. HOT AIR HOLDING ApS's liquidity measured by quick ratio was 5.5 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
2020
2021
2022
2023
2024
Volume
Net sales
Gross profit-27.23-8.29136.696.92259.40
EBIT-27.23-8.29134.18-23.20172.30
Net earnings545.15966.931 719.71-80.08208.25
Shareholders equity total2 627.923 427.845 090.354 951.374 999.62
Balance sheet total (assets)3 035.303 452.215 114.244 976.275 117.21
Net debt336.21- 178.83- 358.52- 534.80- 650.30
Profitability
EBIT-%
ROA22.1 %31.3 %40.6 %-1.5 %5.8 %
ROE22.9 %31.9 %40.4 %-1.6 %4.2 %
ROI22.1 %31.4 %40.9 %-1.5 %5.9 %
Economic value added (EVA)- 134.63- 160.26-53.29- 279.16- 114.97
Solvency
Equity ratio98.5 %99.3 %99.5 %99.5 %97.7 %
Gearing15.2 %0.0 %0.0 %0.0 %0.0 %
Relative net indebtedness %
Liquidity
Quick ratio1.77.315.021.55.5
Current ratio1.77.315.021.55.5
Cash and cash equivalents63.16178.83358.52534.80650.30
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBABBBBBBBBB

Variable visualization

ROA:5.79%
Rating: 45/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:97.7%
Rating: 79/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

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