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HN Hirtshals Holding ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About HN Hirtshals Holding ApS
HN Hirtshals Holding ApS (CVR number: 39330962) is a company from HJØRRING. The company reported a net sales of 0.1 mDKK in 2024, demonstrating a growth of 473.5 % compared to the previous year. The operating profit percentage was at 95.2 % (EBIT: 0.1 mDKK), while net earnings were 88.8 kDKK. The profitability of the company measured by Return on Assets (ROA) was 31.7 %, which can be considered excellent and Return on Equity (ROE) was 44.4 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 70 %, a level that can be considered to be good. This shows that a large part of the company's assets are funded by shareholders' equity, reducing financial risk. HN Hirtshals Holding ApS's liquidity measured by quick ratio was 0.6 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 financialsNet sales (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2020 | 2021 | 2022 | 2023 | 2024 | |
|---|---|---|---|---|---|
| Volume | |||||
| Net sales | 54.93 | 71.08 | 28.73 | 16.90 | 96.92 |
| Gross profit | 49.67 | 65.08 | 22.73 | 10.77 | 92.28 |
| EBIT | 49.67 | 65.08 | 22.73 | 10.77 | 92.28 |
| Net earnings | 50.60 | 64.63 | 20.51 | 7.05 | 88.82 |
| Shareholders equity total | 176.39 | 128.01 | 148.53 | 155.58 | 244.40 |
| Balance sheet total (assets) | 350.00 | 444.19 | 291.41 | 233.53 | 349.04 |
| Net debt | 124.41 | 212.13 | 13.61 | 30.77 | 31.88 |
| Profitability | |||||
| EBIT-% | 90.4 % | 91.6 % | 79.1 % | 63.8 % | 95.2 % |
| ROA | 16.0 % | 17.4 % | 6.3 % | 4.1 % | 31.7 % |
| ROE | 24.5 % | 42.5 % | 14.8 % | 4.6 % | 44.4 % |
| ROI | 16.4 % | 19.3 % | 8.0 % | 5.1 % | 34.3 % |
| Economic value added (EVA) | 34.82 | 49.71 | 5.66 | 5.06 | 83.33 |
| Solvency | |||||
| Equity ratio | 50.4 % | 28.8 % | 51.0 % | 66.6 % | 70.0 % |
| Gearing | 92.2 % | 195.3 % | 34.5 % | 44.0 % | 28.5 % |
| Relative net indebtedness % | 246.5 % | 391.5 % | 366.3 % | 238.5 % | 69.1 % |
| Liquidity | |||||
| Quick ratio | 1.3 | 1.0 | 0.9 | 0.6 | 0.6 |
| Current ratio | 1.3 | 1.0 | 0.9 | 0.6 | 0.6 |
| Cash and cash equivalents | 38.22 | 37.90 | 37.63 | 37.64 | 37.70 |
| Capital use efficiency | |||||
| Trade debtors turnover (days) | |||||
| Net working capital % | 104.2 % | -17.2 % | -71.1 % | -179.2 % | -39.6 % |
| Credit risk | |||||
| Credit rating | A | A | A | A | A |
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