Henning Engstrøm A/S — Credit Rating and Financial Key Figures

CVR number: 21860700
Slåenhaven 32, 5550 Langeskov
kontakt@hengstrom.dk
tel: 65914286

Credit rating

Company information

Official name
Henning Engstrøm A/S
Personnel
1 person
Established
1999
Company form
Limited company
Industry

About Henning Engstrøm A/S

Henning Engstrøm A/S (CVR number: 21860700) is a company from KERTEMINDE. The company recorded a gross profit of -2.6 kDKK in 2023, demonstrating a growth of 34.7 % compared to the previous year. The operating profit was -2.6 kDKK, while net earnings were 626.8 kDKK. The profitability of the company measured by Return on Assets (ROA) was 10.3 %, which can be considered good and Return on Equity (ROE) was 10.2 %, which can be considered good. The equity ratio, a key indicator for solidity, stood at 99.7 %, 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 343.9 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

Net sales (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2019
2020
2021
2022
2023
Volume
Net sales67.00-16.0026.0021.00
Gross profit7.00-43.00-4.00-4.00-2.61
EBIT- 350.00-46.00-4.00-4.00-2.61
Net earnings402.00- 285.00961.00- 874.00626.84
Shareholders equity total6 320.006 035.006 882.005 895.006 403.68
Balance sheet total (assets)7 450.006 548.007 245.006 012.006 422.35
Net debt-6 173.00-5 717.00-6 627.00-5 775.00-6 420.18
Profitability
EBIT-%-522.4 %-15.4 %-19.0 %
ROA7.0 %18.0 %15.8 %11.0 %10.3 %
ROE5.9 %-4.6 %14.9 %-13.7 %10.2 %
ROI7.2 %18.5 %15.9 %11.1 %10.3 %
Economic value added (EVA)- 383.13-6.0713.7611.68-4.47
Solvency
Equity ratio84.8 %92.2 %95.0 %98.1 %99.7 %
Gearing11.9 %7.9 %4.8 %1.4 %0.0 %
Relative net indebtedness %-8652.2 %35518.8 %-25361.5 %-27338.1 %
Liquidity
Quick ratio6.312.419.451.4343.9
Current ratio6.312.419.451.4343.9
Cash and cash equivalents6 927.006 196.006 957.005 858.006 421.36
Capital use efficiency
Trade debtors turnover (days)
Net working capital %-1352.2 %1831.3 %-403.8 %695.2 %
Credit risk
Credit ratingABBBABBBBBB

Variable visualization

ROA:10.3%
Rating: 58/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:99.7%
Rating: 96/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Board member
Board member
Chairman of the board

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