HIQ KØBENHAVN A/S — Credit Rating and Financial Key Figures
Credit rating
Company information
About HIQ KØBENHAVN A/S
HIQ KØBENHAVN A/S (CVR number: 20851147) is a company from KØBENHAVN. The company reported a net sales of 0.5 mDKK in 2019, demonstrating a decline of -94.4 % compared to the previous year. The operating profit percentage was poor at -11.7 % (EBIT: -0.1 mDKK), while net earnings were -96.4 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 -5.5 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 41.4 %, a level that can be considered to be modest. This means a balanced mix of debt and equity financing its assets—a typical operational level for many companies. HIQ KØBENHAVN A/S's liquidity measured by quick ratio was 1.7 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 financialsNet sales (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2016 | 2017 | 2018 | 2019 | |
---|---|---|---|---|
Volume | ||||
Net sales | 9 126.50 | 9 318.06 | 8 355.05 | 465.03 |
Gross profit | 9 126.50 | 7 005.63 | 7 369.73 | 402.60 |
EBIT | 588.57 | 618.86 | 747.76 | -54.62 |
Net earnings | 560.26 | 1 084.21 | 213.44 | -96.38 |
Shareholders equity total | 511.40 | 1 595.61 | 1 809.05 | 1 712.67 |
Balance sheet total (assets) | 4 467.77 | 5 583.76 | 4 845.77 | 4 140.69 |
Net debt | - 768.62 | - 709.72 | - 766.04 | -1 758.11 |
Profitability | ||||
EBIT-% | 6.4 % | 6.6 % | 8.9 % | -11.7 % |
ROA | 13.2 % | 12.3 % | 14.3 % | -1.2 % |
ROE | 109.6 % | 102.9 % | 12.5 % | -5.5 % |
ROI | 19.2 % | 17.5 % | 18.2 % | -1.3 % |
Economic value added (EVA) | 588.57 | 580.95 | 607.61 | 12.69 |
Solvency | ||||
Equity ratio | 11.4 % | 28.6 % | 37.3 % | 41.4 % |
Gearing | 500.6 % | 151.2 % | 131.7 % | 139.1 % |
Relative net indebtedness % | 6.9 % | 9.3 % | -1.3 % | -368.3 % |
Liquidity | ||||
Quick ratio | 2.8 | 3.4 | 7.2 | 1.7 |
Current ratio | 2.8 | 3.4 | 7.2 | 1.7 |
Cash and cash equivalents | 3 328.51 | 3 121.93 | 3 148.58 | 4 140.69 |
Capital use efficiency | ||||
Trade debtors turnover (days) | 10.1 | 5.1 | ||
Net working capital % | 31.2 % | 42.3 % | 49.9 % | 368.3 % |
Credit risk | ||||
Credit rating | BBB | BBB | BB | BB |
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