H+H Nordics A/S — Credit Rating and Financial Key Figures

CVR number: 13427089
Skanderborgvej 234 A, 8260 Viby J

Company information

Official name
H+H Nordics A/S
Personnel
27 persons
Established
1989
Company form
Limited company
Industry

About H+H Nordics A/S

H+H Nordics A/S (CVR number: 13427089) is a company from AARHUS. The company recorded a gross profit of 22.3 mDKK in 2024. The operating profit was 3864 kDKK, while net earnings were 2708 kDKK. The profitability of the company measured by Return on Assets (ROA) was 7.8 %, which can be considered decent but Return on Equity (ROE) was 16.6 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 23 %, a level that can be considered to be low. This means a higher proportion of debt in its capital structure, indicating a greater reliance on borrowed funds. H+H Nordics A/S's liquidity measured by quick ratio was 0.5 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 financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2020
2021
2022
2023
2024
Volume
Net sales
Gross profit45 378.0051 639.0053 616.0044 214.0022 302.00
EBIT25 300.0031 934.0032 144.0020 867.003 864.00
Net earnings19 542.0024 719.0024 762.0016 057.002 708.00
Shareholders equity total24 400.0030 119.0030 881.0022 938.009 646.00
Balance sheet total (assets)52 355.0062 386.0066 260.0058 969.0042 019.00
Net debt20 649.0024 490.00
Profitability
EBIT-%
ROA96.6 %55.7 %50.0 %33.5 %7.8 %
ROE160.1 %90.7 %81.2 %59.7 %16.6 %
ROI96.6 %55.7 %50.0 %38.0 %9.9 %
Economic value added (EVA)25 298.5530 707.9030 630.5214 707.03744.64
Solvency
Equity ratio100.0 %100.0 %100.0 %38.9 %23.0 %
Gearing90.0 %253.9 %
Relative net indebtedness %
Liquidity
Quick ratio1.00.5
Current ratio1.40.8
Cash and cash equivalents6.006.00
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBBAA

Variable visualization

ROA:7.77%
Rating: 51/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:23.0%
Rating: 21/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Board member

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