HM MACHINERY A/S — Credit Rating and Financial Key Figures

CVR number: 28520611
Industrivej 3-9, 9460 Brovst
nhl@scantool-group.dk
tel: 96179303

Company information

Official name
HM MACHINERY A/S
Established
2005
Company form
Limited company
Industry

About HM MACHINERY A/S

HM MACHINERY A/S (CVR number: 28520611) is a company from JAMMERBUGT. The company recorded a gross profit of 175.8 kDKK in 2023. The operating profit was 175.8 kDKK, while net earnings were 149.9 kDKK. The profitability of the company measured by Return on Assets (ROA) was 11.2 %, which can be considered good but Return on Equity (ROE) was 7.1 %, which can be considered decent. The equity ratio, a key indicator for solidity, stood at 80.9 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. HM MACHINERY A/S's liquidity measured by quick ratio was 5.2 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 financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2019
2020
2021
2022
2023
Volume
Net sales
Gross profit112.89201.82153.9083.16175.79
EBIT112.89194.32153.9083.16175.79
Net earnings71.45135.87112.1361.11149.92
Shareholders equity total1 739.951 875.821 987.962 049.072 198.99
Balance sheet total (assets)2 614.012 025.642 114.063 058.742 717.38
Net debt726.45- 325.15- 115.38845.58221.76
Profitability
EBIT-%
ROA5.5 %10.0 %8.5 %4.5 %11.2 %
ROE4.2 %7.5 %5.8 %3.0 %7.1 %
ROI6.3 %10.4 %9.2 %4.7 %12.0 %
Economic value added (EVA)-20.0522.7525.78-35.03-8.64
Solvency
Equity ratio66.6 %92.6 %94.0 %67.0 %80.9 %
Gearing47.3 %0.0 %0.0 %41.6 %13.3 %
Relative net indebtedness %
Liquidity
Quick ratio3.013.516.83.05.2
Current ratio3.013.516.83.05.2
Cash and cash equivalents97.17325.26115.395.9970.61
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBBB

Variable visualization

ROA:11.2%
Rating: 60/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:80.9%
Rating: 60/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer
Chairman of the board
Board member
Board member
Chief executive officer

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