Henning Engstrøm A/S — Credit Rating and Financial Key Figures
Credit rating
Company information
About Henning Engstrøm A/S
Henning Engstrøm A/S (CVR number: 21860700) is a company from KERTEMINDE. The company recorded a gross profit of -17.6 kDKK in 2024. The operating profit was -17.6 kDKK, while net earnings were 900.8 kDKK. The profitability of the company measured by Return on Assets (ROA) was 16.1 %, which can be considered excellent but Return on Equity (ROE) was 13.3 %, which can be considered good. The equity ratio, a key indicator for solidity, stood at 96.5 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. Henning Engstrøm A/S's liquidity measured by quick ratio was 28.2 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 financialsNet sales (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2020 | 2021 | 2022 | 2023 | 2024 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | -16.00 | 26.00 | 21.00 | ||
Gross profit | -43.00 | -4.00 | -4.00 | -3.00 | -17.64 |
EBIT | -46.00 | -4.00 | -4.00 | -3.00 | -17.64 |
Net earnings | - 285.00 | 961.00 | - 874.00 | 627.00 | 900.80 |
Shareholders equity total | 6 035.00 | 6 882.00 | 5 895.00 | 6 404.00 | 7 182.48 |
Balance sheet total (assets) | 6 548.00 | 7 245.00 | 6 012.00 | 6 422.00 | 7 446.40 |
Net debt | -5 717.00 | -6 627.00 | -5 775.00 | -6 421.00 | -7 337.97 |
Profitability | |||||
EBIT-% | -15.4 % | -19.0 % | |||
ROA | 18.0 % | 15.8 % | 11.0 % | 10.3 % | 16.1 % |
ROE | -4.6 % | 14.9 % | -13.7 % | 10.2 % | 13.3 % |
ROI | 18.5 % | 15.9 % | 11.1 % | 10.3 % | 16.3 % |
Economic value added (EVA) | - 402.29 | - 330.95 | - 366.40 | - 303.39 | - 336.51 |
Solvency | |||||
Equity ratio | 92.2 % | 95.0 % | 98.1 % | 99.7 % | 96.5 % |
Gearing | 7.9 % | 4.8 % | 1.4 % | 1.5 % | |
Relative net indebtedness % | 35518.8 % | -25361.5 % | -27338.1 % | ||
Liquidity | |||||
Quick ratio | 12.4 | 19.4 | 51.4 | 356.8 | 28.2 |
Current ratio | 12.4 | 19.4 | 51.4 | 356.8 | 28.2 |
Cash and cash equivalents | 6 196.00 | 6 957.00 | 5 858.00 | 6 421.00 | 7 442.34 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | 1831.3 % | -403.8 % | 695.2 % | ||
Credit risk | |||||
Credit rating | BBB | A | BBB | BBB | BBB |
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