Credit rating
Company information
About S.E. Hovedgaard Engineering A/S
S.E. Hovedgaard Engineering A/S (CVR number: 36960337) is a company from HORSENS. The company recorded a gross profit of -146.6 kDKK in 2023. The operating profit was -171.3 kDKK, while net earnings were -165.4 kDKK. The profitability of the company measured by Return on Assets (ROA) was -6.4 %, which can be considered poor and Return on Equity (ROE) was -13.5 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 44.6 %, 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. S.E. Hovedgaard Engineering A/S's liquidity measured by quick ratio was 1.8 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 financials2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | |||||
Gross profit | 253.97 | - 104.22 | -14.46 | -77.27 | - 146.55 |
EBIT | 86.16 | - 349.00 | -39.24 | -83.32 | - 171.33 |
Net earnings | 58.81 | - 495.90 | 89.21 | - 106.18 | - 165.42 |
Shareholders equity total | 1 821.70 | 1 325.80 | 1 414.83 | 1 308.65 | 1 143.23 |
Balance sheet total (assets) | 2 877.57 | 2 762.04 | 2 729.39 | 2 692.73 | 2 564.43 |
Net debt | 912.65 | 1 344.69 | 1 251.46 | 1 350.14 | 1 340.53 |
Profitability | |||||
EBIT-% | |||||
ROA | 3.2 % | -12.4 % | 4.2 % | -3.0 % | -6.4 % |
ROE | 3.3 % | -31.5 % | 6.5 % | -7.8 % | -13.5 % |
ROI | 3.3 % | -12.6 % | 4.2 % | -3.0 % | -6.5 % |
Economic value added (EVA) | -0.38 | - 433.92 | - 109.14 | - 150.72 | - 233.13 |
Solvency | |||||
Equity ratio | 63.3 % | 48.0 % | 51.8 % | 48.6 % | 44.6 % |
Gearing | 56.1 % | 103.4 % | 90.1 % | 103.3 % | 117.4 % |
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 2.6 | 1.8 | 2.0 | 1.9 | 1.8 |
Current ratio | 2.6 | 1.8 | 2.0 | 1.9 | 1.8 |
Cash and cash equivalents | 108.76 | 26.21 | 23.39 | 1.33 | 1.56 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | BB | B | BB | B | B |
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