HRT TEXTILES A/S — Credit Rating and Financial Key Figures
Credit rating
Company information
About HRT TEXTILES A/S
HRT TEXTILES A/S (CVR number: 74160719) is a company from HERNING. The company recorded a gross profit of 6735.5 kDKK in 2024. The operating profit was 2187.7 kDKK, while net earnings were -695.2 kDKK. The profitability of the company measured by Return on Assets (ROA) was -0.4 %, which can be considered poor and Return on Equity (ROE) was -4 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 84.7 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. HRT TEXTILES A/S's liquidity measured by quick ratio was 4.3 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 financials2020 | 2021 | 2022 | 2023 | 2024 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | |||||
Gross profit | 14 505.73 | 15 806.66 | 12 898.50 | 7 979.74 | 6 735.49 |
EBIT | 9 154.59 | 11 439.59 | 7 512.96 | 3 529.43 | 2 187.68 |
Net earnings | 5 435.63 | 8 784.49 | 3 824.21 | 2 037.46 | - 695.24 |
Shareholders equity total | 26 026.29 | 24 909.58 | 19 650.08 | 18 681.60 | 16 168.00 |
Balance sheet total (assets) | 37 304.39 | 34 928.18 | 28 381.86 | 24 628.14 | 19 096.42 |
Net debt | -2 775.04 | 580.96 | 3 878.12 | 1 454.34 | 158.23 |
Profitability | |||||
EBIT-% | |||||
ROA | 19.3 % | 29.8 % | 18.0 % | 11.5 % | -0.4 % |
ROE | 30.5 % | 34.5 % | 17.2 % | 10.6 % | -4.0 % |
ROI | 23.1 % | 38.2 % | 23.3 % | 14.0 % | -0.4 % |
Economic value added (EVA) | 8 014.70 | 9 704.80 | 4 742.71 | 1 810.21 | 777.38 |
Solvency | |||||
Equity ratio | 70.1 % | 71.6 % | 69.2 % | 76.0 % | 84.7 % |
Gearing | 16.8 % | 2.4 % | 19.8 % | 7.8 % | 3.1 % |
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 1.7 | 2.6 | 2.4 | 3.1 | 4.3 |
Current ratio | 2.3 | 3.2 | 3.1 | 4.1 | 6.4 |
Cash and cash equivalents | 7 151.52 | 14.44 | 9.05 | 7.13 | 335.84 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | A | A | A | A | BBB |
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