HEDEDANMARK A/S

CVR number: 27623549
Klostermarken 12, 8800 Viborg
tel: 87281001

Credit rating

Company information

Official name
HEDEDANMARK A/S
Personnel
895 persons
Established
2004
Company form
Limited company
Industry
  • Expand more icon02Forestry and logging

About the company

HEDEDANMARK A/S (CVR number: 27623549) is a company from VIBORG. The company reported a net sales of 2070.4 mDKK in 2023, demonstrating a growth of 3 % compared to the previous year. The operating profit percentage was at 0.5 % (EBIT: 10 mDKK), while net earnings were 19.5 mDKK. The profitability of the company measured by Return on Assets (ROA) was 3.3 %, which can be considered weak but Return on Equity (ROE) was 7.9 %, which can be considered decent. The equity ratio, a key indicator for solidity, stood at 23.9 %, a level that can be considered to be low. This means a higher proportion of debt in its capital structure, indicating a greater reliance on borrowed funds. HEDEDANMARK A/S's liquidity measured by quick ratio was 0.8 which is at a modest level. Thus, the company's liquid assets are in relative balance with its short-term liabilities, indicating a moderate liquidity position. While it's likely to meet its current obligations, financial flexibility may be constrained, and unexpected costs could pose challenges.

Financial information

See financials

Net sales (mDKK)

EBIT (mDKK)

Profitability

Solidity

Key figures (mDKK)

See financials
20192020202120222023
Volume
Net sales1 518.651 567.171 869.432 010.522 070.38
Gross profit351.41343.17419.56449.07484.28
EBIT2.22-25.6723.07-6.689.99
Net earnings-1.041.2228.897.2619.49
Shareholders equity total260.12192.9938.65237.52257.17
Balance sheet total (assets)657.64686.42925.16996.671 103.64
Net debt123.72158.47489.42290.96331.71
Profitability
EBIT-%0.1 %-1.6 %1.2 %-0.3 %0.5 %
ROA-0.2 %-0.1 %5.1 %2.4 %3.3 %
ROE-0.4 %0.5 %24.9 %5.3 %7.9 %
ROI0.2 %1.3 %9.5 %3.6 %6.1 %
Economic value added (EVA)-10.43-37.8911.57-3.144.13
Solvency
Equity ratio41.4 %29.4 %4.3 %24.4 %23.9 %
Gearing47.6 %83.1 %1283.5 %124.5 %129.1 %
Relative net indebtedness %25.9 %31.0 %44.7 %35.9 %39.6 %
Liquidity
Quick ratio1.10.90.90.90.8
Current ratio1.21.01.01.01.0
Cash and cash equivalents0.091.966.644.860.34
Capital use efficiency
Trade debtors turnover (days)83.482.890.988.192.8
Net working capital %5.7 %0.2 %-0.4 %-0.4 %-1.6 %
Credit risk
Credit ratingBBBBBBBBBBBBBBB

Variable visualization

ROA:3.30%
Rating: 37/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:23.9%
Rating: 22/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Board member
Chairman of the board

Companies in the same industry

Build time: 2024-10-04T14:01:35.309Z

Try the full version of our system for free
Bankruptcy risk visualization example

... and more!

No registration needed.