HALSNÆS SMEDEN A/S — Credit Rating and Financial Key Figures

CVR number: 17471546
Unovej 4, 3390 Hundested
info@hs-vvs.dk
tel: 47981661

Credit rating

Company information

Official name
HALSNÆS SMEDEN A/S
Personnel
39 persons
Established
1993
Company form
Limited company
Industry
  • Expand more icon43Specialised construction activities

About HALSNÆS SMEDEN A/S

HALSNÆS SMEDEN A/S (CVR number: 17471546) is a company from HALSNÆS. The company recorded a gross profit of 7442.3 kDKK in 2023. The operating profit was -950.3 kDKK, while net earnings were -733.2 kDKK. The profitability of the company measured by Return on Assets (ROA) was -4.2 %, which can be considered poor and Return on Equity (ROE) was -12.4 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 7.3 %, 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. HALSNÆS SMEDEN A/S's liquidity measured by quick ratio was 1.5 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 profit27 262.1632 740.5433 598.5128 046.627 442.35
EBIT5 696.039 612.029 392.446 901.81- 950.28
Net earnings4 314.947 929.907 007.095 294.95- 733.16
Shareholders equity total14 128.0710 463.4012 470.4910 758.351 025.19
Balance sheet total (assets)33 552.0331 325.2334 256.9527 733.0614 018.81
Net debt-17 508.27-9 743.29-10 474.52-13 140.35-2 233.11
Profitability
EBIT-%
ROA19.0 %32.0 %28.6 %22.3 %-4.2 %
ROE30.9 %64.5 %61.1 %45.6 %-12.4 %
ROI29.9 %56.2 %52.3 %41.8 %-9.1 %
Economic value added (EVA)4 324.787 769.787 158.745 273.09- 624.29
Solvency
Equity ratio43.1 %33.7 %36.9 %38.8 %7.3 %
Gearing
Relative net indebtedness %
Liquidity
Quick ratio2.11.81.91.61.5
Current ratio2.01.81.81.61.5
Cash and cash equivalents17 508.279 743.2910 474.5213 140.352 233.11
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingAAAAAAAABBB

Variable visualization

ROA:-4.21%
Rating: 16/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:7.31%
Rating: 8/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chairman of the board

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