ÅRHUS HÅRDE HVIDEVARER A/S — Credit Rating and Financial Key Figures
Credit rating
Company information
About ÅRHUS HÅRDE HVIDEVARER A/S
ÅRHUS HÅRDE HVIDEVARER A/S (CVR number: 75976011) is a company from AARHUS. The company recorded a gross profit of 4922.1 kDKK in 2023. The operating profit was -1655 kDKK, while net earnings were 171.2 kDKK. The profitability of the company measured by Return on Assets (ROA) was 1.9 %, which can be considered weak and Return on Equity (ROE) was 1.9 %, which can be considered weak. The equity ratio, a key indicator for solidity, stood at 49.7 %, 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. ÅRHUS HÅRDE HVIDEVARER A/S's liquidity measured by quick ratio was 0.7 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 financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | |||||
Gross profit | 5 671.88 | 6 816.74 | 7 318.81 | 7 769.55 | 4 922.06 |
EBIT | 415.10 | 1 346.07 | 1 138.78 | 1 585.51 | -1 655.01 |
Net earnings | 1 123.60 | 2 010.72 | 1 895.11 | 2 599.00 | 171.15 |
Shareholders equity total | 4 241.65 | 5 502.37 | 6 410.99 | 9 009.99 | 9 181.14 |
Balance sheet total (assets) | 13 040.91 | 14 798.45 | 16 385.41 | 18 629.35 | 18 671.49 |
Net debt | 1 702.22 | 1 133.50 | 3 382.72 | 4 397.07 | 4 479.54 |
Profitability | |||||
EBIT-% | |||||
ROA | 9.3 % | 17.2 % | 15.3 % | 16.8 % | 1.9 % |
ROE | 25.6 % | 41.3 % | 31.8 % | 33.7 % | 1.9 % |
ROI | 15.2 % | 26.4 % | 21.2 % | 19.7 % | 2.0 % |
Economic value added (EVA) | 200.58 | 1 018.34 | 769.30 | 1 091.09 | -1 804.79 |
Solvency | |||||
Equity ratio | 32.5 % | 37.2 % | 40.3 % | 49.5 % | 49.7 % |
Gearing | 64.9 % | 55.4 % | 74.3 % | 76.7 % | 72.8 % |
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 0.5 | 0.4 | 0.5 | 0.7 | 0.7 |
Current ratio | 1.1 | 1.1 | 1.2 | 1.6 | 1.5 |
Cash and cash equivalents | 1 051.73 | 1 916.30 | 1 381.61 | 2 516.90 | 2 208.00 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | A | AA | AA | AA | A |
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