CHR. HANSEN HOLDING A/S
Credit rating
Company information
About CHR. HANSEN HOLDING A/S
CHR. HANSEN HOLDING A/S (CVR number: 28318677K) is a company from RUDERSDAL. The company reported a net sales of 1218 mEUR in 2022, demonstrating a growth of 13 % compared to the previous year. The operating profit percentage was at 26.3 % (EBIT: 320.9 mEUR), while net earnings were 225.1 mEUR. The profitability of the company measured by Return on Assets (ROA) was 12 %, which can be considered good and Return on Equity (ROE) was 13 %, which can be considered good. The equity ratio, a key indicator for solidity, stood at 55 %, a level that can be considered to be modest. This means a balanced mix of debt and equity financing its assets—a typical operational level for many companies. CHR. HANSEN HOLDING A/S's liquidity measured by quick ratio was 0.8 which is at a modest level. Thus, the company's liquid assets are in relative balance with its short-term liabilities, indicating a moderate liquidity position. While it's likely to meet its current obligations, financial flexibility may be constrained, and unexpected costs could pose challenges.
Financial information
See financialsNet sales (mEUR)
EBIT (mEUR)
Profitability
Solidity
Key figures (mEUR)
See financials2018 | 2019 | 2020 | 2021 | 2022 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | 1 097.40 | 937.40 | 970.00 | 1 077.40 | 1 218.00 |
Gross profit | 600.60 | 576.90 | 584.00 | 613.40 | 676.50 |
EBIT | 320.20 | 312.40 | 313.00 | 276.20 | 320.90 |
Net earnings | 228.20 | 250.20 | 245.00 | 845.20 | 225.10 |
Shareholders equity total | 771.60 | 797.20 | 893.00 | 1 626.10 | 1 823.90 |
Balance sheet total (assets) | 1 861.10 | 2 057.80 | 2 853.60 | 3 114.20 | 3 316.80 |
Net debt | 658.70 | 734.40 | 1 325.70 | 905.40 | 886.10 |
Profitability | |||||
EBIT-% | 29.2 % | 33.3 % | 32.3 % | 25.6 % | 26.3 % |
ROA | 19.5 % | 17.8 % | 16.3 % | 10.0 % | 12.0 % |
ROE | 29.6 % | 31.9 % | 29.0 % | 67.1 % | 13.0 % |
ROI | 24.1 % | 22.0 % | 19.3 % | 11.7 % | 14.1 % |
Economic value added (EVA) | 207.77 | 204.46 | 204.38 | 182.87 | 126.47 |
Solvency | |||||
Equity ratio | 41.5 % | 38.7 % | 31.3 % | 52.2 % | 55.0 % |
Gearing | 94.3 % | 103.1 % | 159.2 % | 59.1 % | 53.1 % |
Relative net indebtedness % | 93.0 % | 125.2 % | 192.2 % | 133.0 % | 115.8 % |
Liquidity | |||||
Quick ratio | 0.5 | 0.9 | 0.3 | 0.6 | 0.8 |
Current ratio | 1.2 | 1.3 | 0.4 | 0.9 | 1.3 |
Cash and cash equivalents | 69.10 | 87.40 | 96.20 | 55.10 | 82.80 |
Capital use efficiency | |||||
Trade debtors turnover (days) | 53.5 | 75.0 | 54.6 | 63.8 | 54.1 |
Net working capital % | 6.2 % | 12.1 % | -63.2 % | -3.2 % | 9.1 % |
Credit risk | |||||
Credit rating | AAA | AAA | AA | AA | AAA |
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