HIQ KØBENHAVN A/S — Credit Rating and Financial Key Figures

CVR number: 20851147
Langelinie Allé 35, 2100 København Ø
henrik.darre@hiq.dk
tel: 27109973
www.hiq.dk

Company information

Official name
HIQ KØBENHAVN A/S
Personnel
1 person
Established
1998
Company form
Limited company
Industry

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 financials

Net sales (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2016
2017
2018
2019
Volume
Net sales9 126.509 318.068 355.05465.03
Gross profit9 126.507 005.637 369.73402.60
EBIT588.57618.86747.76-54.62
Net earnings560.261 084.21213.44-96.38
Shareholders equity total511.401 595.611 809.051 712.67
Balance sheet total (assets)4 467.775 583.764 845.774 140.69
Net debt- 768.62- 709.72- 766.04-1 758.11
Profitability
EBIT-%6.4 %6.6 %8.9 %-11.7 %
ROA13.2 %12.3 %14.3 %-1.2 %
ROE109.6 %102.9 %12.5 %-5.5 %
ROI19.2 %17.5 %18.2 %-1.3 %
Economic value added (EVA)588.57580.95607.6112.69
Solvency
Equity ratio11.4 %28.6 %37.3 %41.4 %
Gearing500.6 %151.2 %131.7 %139.1 %
Relative net indebtedness %6.9 %9.3 %-1.3 %-368.3 %
Liquidity
Quick ratio2.83.47.21.7
Current ratio2.83.47.21.7
Cash and cash equivalents3 328.513 121.933 148.584 140.69
Capital use efficiency
Trade debtors turnover (days)10.15.1
Net working capital %31.2 %42.3 %49.9 %368.3 %
Credit risk
Credit ratingBBBBBBBBBB

Variable visualization

ROA:-1.22%
Rating: 19/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:41.4%
Rating: 34/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

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