H+H INTERNATIONAL A/S — Credit Rating and Financial Key Figures
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 2747 mDKK in 2024, demonstrating a growth of 2.8 % compared to the previous year. The operating profit percentage was at 1.5 % (EBIT: 41 mDKK), while net earnings were -50 mDKK. The profitability of the company measured by Return on Assets (ROA) was 2.3 %, which can be considered weak but Return on Equity (ROE) was -3.2 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 47.5 %, 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 1.2 which is at a high level. Thus, the company is in a strong financial position, with liquid assets surpassing current liabilities. It is well-prepared to cover short-term financial obligations.
Financial information
See financialsNet sales (mDKK)
EBIT (mDKK)
Profitability
Solidity
Key figures (mDKK)
See financials2020 | 2021 | 2022 | 2023 | 2024 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | 2 654.00 | 3 020.00 | 3 604.00 | 2 672.00 | 2 747.00 |
Gross profit | 840.00 | 920.00 | 1 049.00 | 590.00 | 581.00 |
EBIT | 332.00 | 377.00 | 413.00 | - 230.00 | 41.00 |
Net earnings | 251.00 | 321.00 | 317.00 | - 246.00 | -50.00 |
Shareholders equity total | 1 509.00 | 1 814.00 | 1 938.00 | 1 678.00 | 1 650.00 |
Balance sheet total (assets) | 2 909.00 | 3 400.00 | 3 572.00 | 3 454.00 | 3 473.00 |
Net debt | - 334.00 | - 414.00 | - 335.00 | -80.00 | - 441.00 |
Profitability | |||||
EBIT-% | 12.5 % | 12.5 % | 11.5 % | -8.6 % | 1.5 % |
ROA | 11.9 % | 12.1 % | 12.0 % | -5.9 % | 2.3 % |
ROE | 18.1 % | 20.4 % | 17.9 % | -14.3 % | -3.2 % |
ROI | 14.9 % | 14.9 % | 14.8 % | -7.1 % | 2.8 % |
Economic value added (EVA) | 165.71 | 251.60 | 228.20 | - 303.90 | -64.15 |
Solvency | |||||
Equity ratio | 51.9 % | 53.4 % | 54.3 % | 48.6 % | 47.5 % |
Gearing | 9.7 % | 4.7 % | 1.2 % | 3.5 % | 1.3 % |
Relative net indebtedness % | 34.6 % | 36.0 % | 35.4 % | 61.3 % | 49.5 % |
Liquidity | |||||
Quick ratio | 1.5 | 1.4 | 1.0 | 0.6 | 1.2 |
Current ratio | 2.2 | 2.0 | 2.0 | 1.9 | 2.1 |
Cash and cash equivalents | 481.00 | 499.00 | 358.00 | 139.00 | 462.00 |
Capital use efficiency | |||||
Trade debtors turnover (days) | 11.0 | 17.6 | 12.4 | 13.9 | 15.0 |
Net working capital % | 18.2 % | 17.1 % | 14.4 % | 17.0 % | 19.9 % |
Credit risk | |||||
Credit rating | AAA | AAA | AAA | A | AA |
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