HEAVY DESIGN ApS — Credit Rating and Financial Key Figures

CVR number: 35232680
Hejreskovvej 4 E, Munkegårde 3490 Kvistgård
ah@allerod.info

Credit rating

Company information

Official name
HEAVY DESIGN ApS
Personnel
1 person
Established
2013
Domicile
Munkegårde
Company form
Private limited company
Industry
  • Expand more icon25Manufacture of fabricated metal products, except machinery and equipment

About HEAVY DESIGN ApS

HEAVY DESIGN ApS (CVR number: 35232680) is a company from HELSINGØR. The company recorded a gross profit of 390.7 kDKK in 2021. The operating profit was 37.9 kDKK, while net earnings were 37.8 kDKK. The profitability of the company measured by Return on Assets (ROA) was 12.8 %, which can be considered good but Return on Equity (ROE) was 28.6 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at -40.2 %. This indicates that the company's debt surpasses the value of its total assets, posing significant financial risk. HEAVY DESIGN ApS's liquidity measured by quick ratio was 0.5 which is at a low level. Thus, the company may face difficulties in addressing its short-term obligations with its available liquid assets.

Financial information

See financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
20172018201920202021
Volume
Net sales
Gross profit181.99175.85277.26255.35390.66
EBIT15.06-95.92-28.14-46.5237.85
Net earnings14.94-95.92-28.16-46.5237.80
Shareholders equity total-11.67- 107.60- 135.75- 182.27- 144.48
Balance sheet total (assets)100.76130.1552.8448.73215.24
Net debt14.9983.5993.44137.2991.57
Profitability
EBIT-%
ROA12.9 %-54.8 %-13.2 %-22.2 %12.8 %
ROE15.4 %-83.1 %-30.8 %-91.6 %28.6 %
ROI35.3 %-96.4 %-24.7 %-34.8 %17.6 %
Economic value added (EVA)17.80-91.81-21.22-38.6847.84
Solvency
Equity ratio-10.4 %-45.3 %-72.0 %-78.9 %-40.2 %
Gearing-730.6 %-105.7 %-83.8 %-84.3 %-191.2 %
Relative net indebtedness %
Liquidity
Quick ratio0.60.40.10.10.5
Current ratio0.80.50.20.20.6
Cash and cash equivalents70.2530.1320.2816.43184.72
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBBB

Variable visualization

ROA:12.8%
Rating: 63/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:-40.2%
Rating: 0/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

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