H+H INTERNATIONAL A/S
Credit rating
Company information
About H+H INTERNATIONAL A/S
H+H INTERNATIONAL A/S (CVR number: 49619812K) is a company from KØBENHAVN. The company reported a net sales of 2672 mDKK in 2023, demonstrating a decline of -25.9 % compared to the previous year. The operating profit percentage was poor at -8.6 % (EBIT: -230 mDKK), while net earnings were -246 mDKK. The profitability of the company measured by Return on Assets (ROA) was -5.9 %, which can be considered poor and Return on Equity (ROE) was -14.3 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 48.6 %, 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. H+H INTERNATIONAL A/S'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 (mDKK)
EBIT (mDKK)
Profitability
Solidity
Key figures (mDKK)
See financials2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | 2 840.00 | 2 654.00 | 3 020.00 | 3 604.00 | 2 672.00 |
Gross profit | 877.00 | 840.00 | 920.00 | 1 049.00 | 590.00 |
EBIT | 358.00 | 332.00 | 377.00 | 413.00 | - 230.00 |
Net earnings | 150.00 | 251.00 | 321.00 | 317.00 | - 246.00 |
Shareholders equity total | 1 371.00 | 1 509.00 | 1 814.00 | 1 938.00 | 1 678.00 |
Balance sheet total (assets) | 2 716.00 | 2 909.00 | 3 400.00 | 3 572.00 | 3 454.00 |
Net debt | 360.00 | - 334.00 | - 297.00 | - 335.00 | -80.00 |
Profitability | |||||
EBIT-% | 12.6 % | 12.5 % | 12.5 % | 11.5 % | -8.6 % |
ROA | 14.0 % | 11.9 % | 12.1 % | 12.0 % | -5.9 % |
ROE | 12.9 % | 18.1 % | 20.4 % | 17.9 % | -14.3 % |
ROI | 18.2 % | 14.9 % | 14.9 % | 14.8 % | -7.1 % |
Economic value added (EVA) | 191.00 | 182.75 | 280.94 | 250.10 | - 287.06 |
Solvency | |||||
Equity ratio | 50.5 % | 51.9 % | 53.4 % | 54.3 % | 48.6 % |
Gearing | 45.4 % | 9.7 % | 4.7 % | 1.2 % | 3.5 % |
Relative net indebtedness % | 38.1 % | 34.6 % | 39.9 % | 35.4 % | 61.3 % |
Liquidity | |||||
Quick ratio | 0.9 | 1.5 | 1.4 | 1.0 | 0.6 |
Current ratio | 1.5 | 2.2 | 2.0 | 2.0 | 1.9 |
Cash and cash equivalents | 262.00 | 481.00 | 382.00 | 358.00 | 139.00 |
Capital use efficiency | |||||
Trade debtors turnover (days) | 13.0 | 11.0 | 17.6 | 12.4 | 13.9 |
Net working capital % | 8.5 % | 18.2 % | 17.1 % | 14.4 % | 17.0 % |
Credit risk | |||||
Credit rating | AAA | AAA | AAA | AAA | A |
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