S.E. Hovedgaard Engineering A/S — Credit Rating and Financial Key Figures
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 -1576.1 kDKK in 2024. The operating profit was -1600.9 kDKK, while net earnings were -1601 kDKK. The profitability of the company measured by Return on Assets (ROA) was -78.5 %, which can be considered poor and Return on Equity (ROE) was -145.7 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at -30.3 %. This indicates that the company's debt surpasses the value of its total assets, posing significant financial risk. S.E. Hovedgaard Engineering 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 financials2020 | 2021 | 2022 | 2023 | 2024 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | |||||
Gross profit | - 104.22 | -14.46 | -77.27 | - 146.55 | -1 576.15 |
EBIT | - 349.00 | -39.24 | -83.32 | - 171.33 | -1 600.93 |
Net earnings | - 495.90 | 89.21 | - 106.18 | - 165.42 | -1 600.97 |
Shareholders equity total | 1 325.80 | 1 414.83 | 1 308.65 | 1 143.23 | - 457.74 |
Balance sheet total (assets) | 2 762.04 | 2 729.39 | 2 692.73 | 2 564.43 | 1 054.40 |
Net debt | 1 344.69 | 1 251.46 | 1 350.14 | 1 340.53 | 1 485.89 |
Profitability | |||||
EBIT-% | |||||
ROA | -12.4 % | 4.2 % | -3.0 % | -6.4 % | -78.5 % |
ROE | -31.5 % | 6.5 % | -7.8 % | -13.5 % | -145.7 % |
ROI | -12.6 % | 4.2 % | -3.0 % | -6.5 % | -80.6 % |
Economic value added (EVA) | - 491.30 | - 179.85 | - 216.33 | - 301.32 | -1 725.83 |
Solvency | |||||
Equity ratio | 48.0 % | 51.8 % | 48.6 % | 44.6 % | -30.3 % |
Gearing | 103.4 % | 90.1 % | 103.3 % | 117.4 % | -324.7 % |
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 1.8 | 2.0 | 1.9 | 1.8 | 0.7 |
Current ratio | 1.8 | 2.0 | 1.9 | 1.8 | 0.7 |
Cash and cash equivalents | 26.21 | 23.39 | 1.33 | 1.56 | 0.18 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | BB | BB | BB | BB | B |
Variable visualization
Roles
Companies in the same industry
- Company information
- Financial data
- Credit risk data
- All 400,000+ Danish companies
- Professional credit risk reports
- Create your own estimates for any company
- Valuation analysis
- All 400,000+ Danish companies
- See instructions

... and more!
No registration needed.