HRH HOLDING A/S — Credit Rating and Financial Key Figures
Credit rating
Company information
About HRH HOLDING A/S
HRH HOLDING A/S (CVR number: 20599073K) is a company from ALBERTSLUND. The company reported a net sales of 339.8 mDKK in 2023, demonstrating a decline of -13.4 % compared to the previous year. The operating profit percentage was at 4.1 % (EBIT: 13.8 mDKK), while net earnings were 8549.1 kDKK. The profitability of the company measured by Return on Assets (ROA) was 7.4 %, which can be considered decent and Return on Equity (ROE) was 5.2 %, which can be considered decent. The equity ratio, a key indicator for solidity, stood at 57.8 %, 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. HRH HOLDING 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 financials2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | 380.93 | 377.13 | 378.32 | 392.56 | 339.83 |
Gross profit | 170.71 | 167.12 | 180.90 | 169.55 | 171.52 |
EBIT | 9.75 | 11.76 | 15.29 | 16.48 | 13.83 |
Net earnings | 6.40 | 8.64 | 10.19 | 11.12 | 8.55 |
Shareholders equity total | 127.80 | 133.44 | 158.80 | 164.92 | 168.47 |
Balance sheet total (assets) | 244.44 | 285.13 | 275.01 | 316.44 | 291.29 |
Net debt | 57.86 | 30.61 | 56.42 | 85.61 | 71.40 |
Profitability | |||||
EBIT-% | 2.6 % | 3.1 % | 4.0 % | 4.2 % | 4.1 % |
ROA | 5.0 % | 4.8 % | 5.8 % | 6.2 % | 7.4 % |
ROE | 5.1 % | 6.6 % | 7.0 % | 6.9 % | 5.2 % |
ROI | 6.6 % | 6.3 % | 7.6 % | 7.7 % | 9.0 % |
Economic value added (EVA) | 0.31 | 2.24 | 5.15 | 3.11 | 0.55 |
Solvency | |||||
Equity ratio | 52.3 % | 46.8 % | 57.7 % | 52.1 % | 57.8 % |
Gearing | 45.8 % | 57.6 % | 36.5 % | 53.1 % | 42.9 % |
Relative net indebtedness % | 30.2 % | 27.7 % | 30.0 % | 37.8 % | 35.6 % |
Liquidity | |||||
Quick ratio | 1.3 | 1.3 | 1.3 | 1.2 | 1.2 |
Current ratio | 1.4 | 1.3 | 1.3 | 1.2 | 1.2 |
Cash and cash equivalents | 0.66 | 46.21 | 1.60 | 2.05 | 0.83 |
Capital use efficiency | |||||
Trade debtors turnover (days) | 84.2 | 68.0 | 62.9 | 81.5 | 50.8 |
Net working capital % | 10.8 % | 11.2 % | 8.1 % | 6.9 % | 5.7 % |
Credit risk | |||||
Credit rating | AAA | AAA | AAA | AAA | AAA |
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