HEM Denmark A/S — Credit Rating and Financial Key Figures

CVR number: 12873581
Brøndumvej 79, Hem 7800 Skive
dso@hem-group.dk
tel: 97531365

Credit rating

Company information

Official name
HEM Denmark A/S
Personnel
26 persons
Established
1989
Domicile
Hem
Company form
Limited company
Industry
  • Expand more icon16Manufacture of wood and of products of wood and cork, except furniture; manufacture of articles of straw and plaiting materials

About HEM Denmark A/S

HEM Denmark A/S (CVR number: 12873581) is a company from SKIVE. The company recorded a gross profit of 26.9 mDKK in 2023. The operating profit was 14.3 mDKK, while net earnings were 11.4 mDKK. The profitability of the company measured by Return on Assets (ROA) was 19.4 %, which can be considered excellent and Return on Equity (ROE) was 21 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 72.1 %, 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. HEM Denmark A/S's liquidity measured by quick ratio was 2.2 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 profit14 904.0024 401.0051 089.0034 520.4926 860.49
EBIT5 973.0014 458.0037 000.0021 133.3514 272.38
Net earnings4 543.0011 066.0031 738.0016 582.9111 415.47
Shareholders equity total36 313.0042 395.0062 817.0057 729.1851 136.16
Balance sheet total (assets)49 621.0053 585.0083 569.0081 530.0670 962.25
Net debt-11 548.37-11 764.33
Profitability
EBIT-%
ROA10.1 %28.0 %54.0 %26.0 %19.4 %
ROE12.5 %28.1 %60.3 %27.5 %21.0 %
ROI11.6 %28.0 %54.0 %30.1 %26.9 %
Economic value added (EVA)4 150.7712 633.2734 869.6513 320.518 786.40
Solvency
Equity ratio100.0 %100.0 %100.0 %70.8 %72.1 %
Gearing0.3 %
Relative net indebtedness %
Liquidity
Quick ratio2.02.2
Current ratio3.43.6
Cash and cash equivalents11 748.3711 764.33
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBBAAAA

Variable visualization

ROA:19.4%
Rating: 73/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:72.1%
Rating: 54/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chairman of the board
Board member

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