HM ELECTRIC ApS — Credit Rating and Financial Key Figures

CVR number: 34894884
Snæversti 6, 4040 Jyllinge
hmelectric@hotmail.com
tel: 20877913

Credit rating

Company information

Official name
HM ELECTRIC ApS
Personnel
1 person
Established
2012
Company form
Private limited company
Industry

About HM ELECTRIC ApS

HM ELECTRIC ApS (CVR number: 34894884) is a company from ROSKILDE. The company recorded a gross profit of 711.6 kDKK in 2021. The operating profit was 153 kDKK, while net earnings were 114.9 kDKK. The profitability of the company measured by Return on Assets (ROA) was 20.7 %, which can be considered excellent and Return on Equity (ROE) was 23.8 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 69.9 %, 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. HM ELECTRIC ApS's liquidity measured by quick ratio was 3.2 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
2017
2018
2019
2020
2021
Volume
Net sales
Gross profit699.84879.12738.90717.36711.63
EBIT154.27287.89127.91103.83153.04
Net earnings115.15214.8691.3876.90114.95
Shareholders equity total499.09513.94405.32482.22484.17
Balance sheet total (assets)744.15830.33673.26782.84693.10
Net debt- 250.95- 444.55- 387.29- 466.20- 229.05
Profitability
EBIT-%
ROA22.0 %36.6 %17.0 %14.3 %20.7 %
ROE23.4 %42.4 %19.9 %17.3 %23.8 %
ROI29.0 %49.0 %23.7 %21.4 %31.4 %
Economic value added (EVA)104.51211.5697.2482.40116.76
Solvency
Equity ratio67.1 %61.9 %60.2 %61.6 %69.9 %
Gearing16.0 %15.8 %19.6 %0.7 %0.8 %
Relative net indebtedness %
Liquidity
Quick ratio2.62.42.42.53.2
Current ratio2.62.42.42.53.2
Cash and cash equivalents331.00525.76466.75469.44232.73
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBBBBBBBB

Variable visualization

ROA:20.7%
Rating: 75/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:69.9%
Rating: 53/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

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