HUMMEL HOLDING A/S — Credit Rating and Financial Key Figures

CVR number: 15238712
Balticagade 20, 8000 Aarhus C

Company information

Official name
HUMMEL HOLDING A/S
Established
1933
Company form
Limited company
Industry

About HUMMEL HOLDING A/S

HUMMEL HOLDING A/S (CVR number: 15238712K) is a company from AARHUS. The company reported a net sales of 2433.3 mDKK in 2024, demonstrating a growth of 9.4 % compared to the previous year. The operating profit percentage was at 3.6 % (EBIT: 88.8 mDKK), while net earnings were 7471 kDKK. The profitability of the company measured by Return on Assets (ROA) was 5.4 %, which can be considered decent and Return on Equity (ROE) was 6.9 %, which can be considered decent. The equity ratio, a key indicator for solidity, stood at 8.1 %, a level that can be considered to be very low. This means the company is highly leveraged, with most assets financed through debt. This high level of financial risk could pose challenges in periods of financial distress or rising interest rates. HUMMEL HOLDING A/S's liquidity measured by quick ratio was 0.7 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

Net sales (mDKK)

EBIT (mDKK)

Profitability

Solidity

Key figures (mDKK)

See financials
2020
2021
2022
2023
2024
Volume
Net sales1 340.581 858.422 200.862 224.962 433.30
Gross profit165.90391.40282.56418.70515.79
EBIT-48.81135.70-88.12-4.5488.75
Net earnings-78.6099.01-86.68-82.337.47
Shareholders equity total191.74394.98286.20124.67140.05
Balance sheet total (assets)1 333.791 531.822 068.841 739.981 735.10
Net debt580.39616.131 066.69967.741 006.97
Profitability
EBIT-%-3.6 %7.3 %-4.0 %-0.2 %3.6 %
ROA-3.4 %12.0 %-3.7 %0.1 %5.4 %
ROE-28.9 %35.9 %-27.2 %-45.2 %6.9 %
ROI-4.8 %17.3 %-5.0 %0.2 %7.3 %
Economic value added (EVA)-98.8171.52- 129.02-81.95-7.18
Solvency
Equity ratio14.4 %25.8 %13.8 %7.2 %8.1 %
Gearing358.9 %167.4 %399.5 %828.8 %746.5 %
Relative net indebtedness %75.9 %57.2 %76.6 %68.7 %63.0 %
Liquidity
Quick ratio0.91.00.60.60.7
Current ratio1.41.61.31.31.3
Cash and cash equivalents107.8345.0576.5665.4938.53
Capital use efficiency
Trade debtors turnover (days)122.0119.493.272.774.1
Net working capital %26.4 %27.7 %16.7 %15.1 %14.1 %
Credit risk
Credit ratingBBBABBBBBBA

Variable visualization

ROA:5.39%
Rating: 44/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:8.07%
Rating: 8/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Board member
Board member

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