HJORT KNUDSEN A/S
Credit rating
Company information
About HJORT KNUDSEN A/S
HJORT KNUDSEN A/S (CVR number: 21620998K) is a company from RINGKØBING-SKJERN. The company reported a net sales of 810.9 mDKK in 2023, demonstrating a growth of 3.2 % compared to the previous year. The operating profit percentage was at 6.8 % (EBIT: 55.4 mDKK), while net earnings were 43.5 mDKK. The profitability of the company measured by Return on Assets (ROA) was 12.3 %, which can be considered good but Return on Equity (ROE) was 20.2 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 45.9 %, 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. HJORT KNUDSEN A/S's liquidity measured by quick ratio was 0.6 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 financialsNet sales (mDKK)
EBIT (mDKK)
Profitability
Solidity
Key figures (mDKK)
See financials2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | 645.47 | 670.35 | 792.07 | 786.17 | 810.94 |
Gross profit | 236.24 | 261.91 | 257.69 | 205.66 | 264.69 |
EBIT | 16.03 | 61.74 | 49.03 | 2.37 | 55.42 |
Net earnings | 10.90 | 37.11 | 34.64 | -14.13 | 43.46 |
Shareholders equity total | 189.71 | 190.14 | 224.75 | 186.98 | 244.24 |
Balance sheet total (assets) | 450.88 | 419.64 | 543.25 | 517.34 | 533.52 |
Net debt | 225.89 | 190.61 | |||
Profitability | |||||
EBIT-% | 2.5 % | 9.2 % | 6.2 % | 0.3 % | 6.8 % |
ROA | 3.7 % | 14.2 % | 10.2 % | 0.8 % | 12.3 % |
ROE | 6.1 % | 19.5 % | 16.7 % | -6.9 % | 20.2 % |
ROI | 3.9 % | 14.2 % | 10.2 % | 0.8 % | 14.4 % |
Economic value added (EVA) | 6.43 | 52.21 | 39.47 | -9.29 | 33.48 |
Solvency | |||||
Equity ratio | 100.0 % | 100.0 % | 100.0 % | 36.2 % | 45.9 % |
Gearing | 126.1 % | 85.4 % | |||
Relative net indebtedness % | 39.9 % | 32.7 % | |||
Liquidity | |||||
Quick ratio | 0.5 | 0.6 | |||
Current ratio | 1.3 | 1.6 | |||
Cash and cash equivalents | 9.88 | 18.07 | |||
Capital use efficiency | |||||
Trade debtors turnover (days) | 44.4 | 41.8 | |||
Net working capital % | 10.4 % | 17.4 % | |||
Credit risk | |||||
Credit rating | BBB | BBB | BBB | A | AAA |
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