HETO LEASING ApS

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CVR 35244077Dorphs Alle 9, 2630 TaastrupRental and leasing of construction and civil engineering machinery and equipment· NACE 7732Est. 2013 · 13 years old— employees

Overview

HETO LEASING ApS is a Danish APS based in Taastrup, operating in the Rental and leasing of construction and civil engineering machinery and equipment sector. Incorporated in 2013, the company reported a gross profit of DKK 711.3k in its latest annual filing.

Gross profit 2024

0.7M DKK

−5% vs 2023

EBITDA margin (of gross profit)

100.0 %

−5% vs 2023

Net profit 2024

-0.1M DKK

-116% vs 2023

Key ratios

See full ratios →

18.5 %

Weak

Among the 30% lowest rated companies in the industry

20202024

1.3×

Average

Around the average of companies in the same industry

20202024

-3.3 %

Weak

Among the 30% lowest rated companies in the industry

20202024

EBITDA — year on year

DKK thousands

Key figures

Annual report 2024

Gross profit	0.7M DKK	-5%
EBITDA	0.7M DKK	-5%
Net profit	-0.1M DKK	-116%
Total assets	1.6M DKK	+37%
Equity	0.3M DKK	-15%
Employees	—	—

Contact

Address

Dorphs Alle 9, 2630 Taastrup

Advertising protection

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Financial development

In its most recent annual report (2024), HETO LEASING ApS reported a gross profit of DKK 711.3k, a decrease of 5% on the year before. The figures on this page draw on 5 annual filings covering 2020 to 2024. The bottom line showed a net loss of DKK 51.4k, and the EBITDA margin stood at 100%.

At the end of 2024, equity financed 18.5% of the balance sheet, and current assets covered short-term debt 1.3 times.

Financials

Gross profit

DKK thousands

EBITDA

DKK thousands

Income statement

DKK thousands

Item	2024	2023	2022	2021	2020
Gross profit	711	747	339	321	218
Staff expenses	-0	-0	-0	-0	-0
EBITDA	711	747	339	321	218
Depreciation & amort.	-807	-397	-211	-132	-321
EBIT	-96	350	127	189	-103
Net financials	-12	-9	-8	-7	7
Profit before tax	-107	341	120	182	-96
Tax	-56	20	22	37	-8
Net profit	-51	321	98	145	-89

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Balance sheet

DKK thousands

Item	2024	2023	2022	2021	2020
Total assets	1,565	1,146	793	631	425
Equity	289	340	20	-78	-223
Long-term debt	1,072	0	0	0	0
Short-term debt	174	687	715	654	603
Total debt	1,246	687	773	709	648

Financial ratios

5-year trend

EBITDA margin (of gross profit)

100.0 %

20202024

Equity ratio

18.5 %

Weak

Among the 30% lowest rated companies in the industry

20202024

Return on equity

-17.8 %

Very weak

Among the 20% lowest rated companies in the industry

20202024

Net profit margin (of gross profit)

-7.2 %

20202024

Asset turnover (of gross profit)

0.45×

20202024

Debt / equity

4.42×

Very weak

Among the 20% lowest rated companies in the industry

20202024

Sector performance

23 of 28 ratios graded

28 financial ratios from the latest filing, each graded against companies in the same industry.

Profitability

Return on equity (ROE)Very weak

Among the 20% lowest rated companies in the industry

Net profit as a percentage of equity — the return the owners earned on their invested capital this year.

Return on assets (ROA)Weak

Among the 30% lowest rated companies in the industry

Net profit as a percentage of total assets — the return generated on the capital employed.

Return on net assets (RONA)Very weak

Among the 20% lowest rated companies in the industry

Profit relative to net assets (total assets minus total debt) — the ability to generate earnings from the net asset base alone.

Basic earning power (BEP)Weak

Among the 30% lowest rated companies in the industry

EBIT relative to total assets — the company's earning power before the effects of tax and financial leverage.

Capacity ratioWeak

Among the 30% lowest rated companies in the industry

Shows how strongly fixed costs weigh on the gross result — a high ratio means fixed costs take only a small bite out of the earnings from basic operations.

Gross marginNot rated

Cannot be graded — the figures this ratio builds on are not available in the latest filing.

The gross result as a share of revenue — how much of the revenue is left after variable costs to cover the company's fixed costs.

Operating marginNot rated

Cannot be graded — the figures this ratio builds on are not available in the latest filing.

EBIT as a share of revenue — the share of revenue remaining as earnings once all operating costs are covered. A key measure of earning power.

Net profit marginNot rated

Cannot be graded — the figures this ratio builds on are not available in the latest filing.

The profit for the year as a share of revenue — the company's ability to turn revenue into profit.

Liquidity

Current ratioAverage

Around the average of companies in the same industry

Current assets relative to short-term debt — the ability to settle short-term obligations with current assets alone. Around 150% is considered satisfactory from a credit perspective.

Quick ratioAverage

Around the average of companies in the same industry

Current assets excluding inventory relative to short-term debt — whether the most liquid assets alone can cover the short-term obligations. A value of 1 or above signals a healthy liquidity position.

Cash ratioAverage

Around the average of companies in the same industry

Cash relative to short-term debt — the ability to repay short-term obligations with cash alone.

Current assets to equityStrong

Among the 30% highest rated companies in the industry

Current assets relative to equity — an indicator of the balance-sheet structure and of the company's short- and long-term financing. The healthy level is highly industry-dependent.

Fixed assets to long-term capitalWeak

Among the 30% lowest rated companies in the industry

Fixed assets relative to long-term capital (equity plus long-term liabilities). Below 100% means the long-term capital finances more than just the fixed assets — a healthier liquidity position.

Cash conversion ratioVery weak

Among the 10% lowest rated companies in the industry

Cash flow relative to profit — the ability to convert reported profits into accessible cash.

Debt & solvency

Solidity ratioWeak

Among the 30% lowest rated companies in the industry

Equity as a share of total assets — the ability to absorb losses. Around 40% is considered satisfactory from a credit perspective.

Debt ratioWeak

Among the 40% lowest rated companies in the industry

Total debt relative to the balance-sheet total — the share of the assets financed by debt rather than equity.

Debt to equityVery weak

Among the 20% lowest rated companies in the industry

Debt relative to equity — the company's leverage. A higher value means heavier reliance on debt financing.

Liabilities to equityVery weak

Among the 20% lowest rated companies in the industry

Total liabilities relative to equity — whether the company operates primarily on borrowed capital or on its own.

Income to debtWeak

Among the 30% lowest rated companies in the industry

Profit relative to debt — the ability to create earnings while operating with debt.

EBITDA to debtStrong

Among the 30% highest rated companies in the industry

EBITDA relative to debt — how much operating earnings are available to service the debt.

Interest coverageVery weak

Among the 20% lowest rated companies in the industry

The ability to pay the interest on the company's debt out of its earnings.

Interest rate on debtAverage

Around the average of companies in the same industry

Financial expenses relative to total liabilities — the effective interest rate the company pays on its debt.

Interest marginWeak

Among the 30% lowest rated companies in the industry

The return on assets minus the interest rate on debt. Positive means the company benefits from operating with debt; negative means the debt makes it worse off.

Efficiency & development

Equity to contributed capitalAverage

Around the average of companies in the same industry

Total equity relative to the capital the owners contributed — how the equity has developed from its starting point.

One-year change in equityWeak

Among the 30% lowest rated companies in the industry

The size of this year's increase or decrease in the company's equity.

One-year change in debtVery weak

Among the 20% lowest rated companies in the industry

The size of this year's increase or decrease in the company's debt.

Asset turnoverNot rated

Cannot be graded — the figures this ratio builds on are not available in the latest filing.

Revenue relative to total assets — the ability to generate revenue from the asset base.

Inventory turnoverNot rated

Cannot be graded — the figures this ratio builds on are not available in the latest filing.

Revenue relative to inventory — how many times a year the inventory is sold and replaced. A low value can indicate weak sales or excess inventory.

Annual reports & filings

Annual report 2024
Filed via CVR / Virk · Period 2023-10-01 – 2024-09-30
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Annual report 2023
Filed via CVR / Virk · Period 2022-10-01 – 2023-09-30
View PDF
Annual report 2022
Filed via CVR / Virk · Period 2021-10-01 – 2022-09-30
View PDF
Annual report 2021
Filed via CVR / Virk · Period 2020-10-01 – 2021-09-30
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Annual report 2020
Filed via CVR / Virk · Period 2019-10-01 – 2020-09-30
View PDF