HINDBALLE INVEST ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About HINDBALLE INVEST ApS
HINDBALLE INVEST ApS (CVR number: 32062113) is a company from VEJEN. The company recorded a gross profit of -10.1 kDKK in 2021, demonstrating a growth of 75.3 % compared to the previous year. The operating profit was -17.1 kDKK, while net earnings were -20.4 kDKK. The profitability of the company measured by Return on Assets (ROA) was -5.9 %, which can be considered poor and Return on Equity (ROE) was -10 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 67.8 %, a level that can be considered to be good. This shows that a large part of the company's assets are funded by shareholders' equity, reducing financial risk. HINDBALLE INVEST ApS's liquidity measured by quick ratio was 3.1 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 financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2017 | 2018 | 2019 | 2020 | 2021 | |
|---|---|---|---|---|---|
| Volume | |||||
| Net sales | -36.00 | ||||
| Gross profit | -3.62 | -4.38 | -5.50 | -41.00 | -10.13 |
| EBIT | -3.62 | -4.38 | -5.50 | -41.00 | -17.11 |
| Net earnings | 5.84 | 8.56 | 6.65 | -43.00 | -20.41 |
| Shareholders equity total | 242.71 | 251.27 | 257.92 | 215.00 | 194.59 |
| Balance sheet total (assets) | 276.99 | 291.31 | 305.17 | 294.00 | 287.13 |
| Net debt | 34.29 | 40.04 | 47.26 | 54.00 | - 199.59 |
| Profitability | |||||
| EBIT-% | |||||
| ROA | 2.5 % | 3.5 % | 2.8 % | -13.7 % | -5.9 % |
| ROE | 2.4 % | 3.5 % | 2.6 % | -18.2 % | -10.0 % |
| ROI | 2.5 % | 3.5 % | 2.8 % | -14.3 % | -6.2 % |
| Economic value added (EVA) | -3.62 | 4.99 | 4.87 | -29.57 | -5.91 |
| Solvency | |||||
| Equity ratio | 87.6 % | 86.3 % | 84.5 % | 73.1 % | 67.8 % |
| Gearing | 14.1 % | 15.9 % | 18.3 % | 25.1 % | 45.0 % |
| Relative net indebtedness % | -219.4 % | ||||
| Liquidity | |||||
| Quick ratio | 3.1 | ||||
| Current ratio | 3.1 | ||||
| Cash and cash equivalents | 287.13 | ||||
| Capital use efficiency | |||||
| Trade debtors turnover (days) | |||||
| Net working capital % | 219.4 % | ||||
| Credit risk | |||||
| Credit rating | BBB | BBB | BBB | BB | B |
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