A.E. HJØRRING A/S — Credit Rating and Financial Key Figures

CVR number: 10298601
Marathonvej 5, 9230 Svenstrup J

Company information

Official name
A.E. HJØRRING A/S
Established
1986
Company form
Limited company
Industry

About A.E. HJØRRING A/S

A.E. HJØRRING A/S (CVR number: 10298601) is a company from AALBORG. The company recorded a gross profit of 1129.5 kDKK in 2023. The operating profit was 629.5 kDKK, while net earnings were 471.6 kDKK. The profitability of the company measured by Return on Assets (ROA) was 3.6 %, which can be considered weak and Return on Equity (ROE) was 3 %, which can be considered weak. The equity ratio, a key indicator for solidity, stood at 86.4 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. A.E. HJØRRING A/S's liquidity measured by quick ratio was 1.7 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 profit1 439.821 413.701 394.001 163.001 129.49
EBIT1 436.141 413.701 674.001 263.00629.49
Net earnings1 150.531 134.571 344.00967.00471.56
Shareholders equity total21 254.1822 388.7523 733.0015 700.0016 171.03
Balance sheet total (assets)21 879.3523 250.3924 402.0018 009.0018 707.74
Net debt-1 017.61-1 708.73-2 908.00-1 050.00-1 906.33
Profitability
EBIT-%
ROA6.9 %6.4 %7.2 %6.0 %3.6 %
ROE5.6 %5.2 %5.8 %4.9 %3.0 %
ROI7.1 %6.7 %7.5 %6.1 %3.7 %
Economic value added (EVA)157.0485.80266.61-60.73- 160.26
Solvency
Equity ratio97.3 %96.3 %97.3 %87.2 %86.4 %
Gearing10.8 %12.2 %
Relative net indebtedness %
Liquidity
Quick ratio9.38.111.71.31.7
Current ratio8.98.111.71.31.7
Cash and cash equivalents1 017.611 708.732 908.002 741.003 878.53
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingAAAAA

Variable visualization

ROA:3.57%
Rating: 38/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:86.4%
Rating: 66/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Companies in the same industry

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