K/S HINDEMITHSTRASSE, MAINZ/LERCHENBERG
Credit rating
Company information
About K/S HINDEMITHSTRASSE, MAINZ/LERCHENBERG
K/S HINDEMITHSTRASSE, MAINZ/LERCHENBERG (CVR number: 29148163) is a company from ODENSE. The company reported a net sales of 1.2 mDKK in 2023, demonstrating a decline of -17 % compared to the previous year. The operating profit percentage was at 37.3 % (EBIT: 0.4 mDKK), while net earnings were 177.4 kDKK. The profitability of the company measured by Return on Assets (ROA) was 3.3 %, which can be considered weak and Return on Equity (ROE) was 2.4 %, which can be considered weak. The equity ratio, a key indicator for solidity, stood at 56.7 %, 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. K/S HINDEMITHSTRASSE, MAINZ/LERCHENBERG'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 financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | 1 427.81 | 1 185.01 | |||
Gross profit | 1 061.46 | 1 157.60 | 1 072.55 | 1 004.19 | 780.95 |
EBIT | 722.76 | 818.90 | 733.85 | 665.49 | 442.25 |
Net earnings | 397.25 | 555.87 | 467.35 | 423.84 | 177.38 |
Shareholders equity total | 6 159.91 | 6 555.78 | 6 943.13 | 7 366.97 | 7 544.36 |
Balance sheet total (assets) | 14 546.88 | 14 193.64 | 14 009.83 | 13 688.48 | 13 312.67 |
Net debt | 8 021.36 | 7 300.35 | 6 417.61 | 5 700.54 | 5 240.03 |
Profitability | |||||
EBIT-% | 46.6 % | 37.3 % | |||
ROA | 4.9 % | 5.9 % | 5.2 % | 4.8 % | 3.3 % |
ROE | 6.6 % | 8.7 % | 6.9 % | 5.9 % | 2.4 % |
ROI | 5.0 % | 6.0 % | 5.3 % | 4.9 % | 3.4 % |
Economic value added (EVA) | 26.88 | 140.89 | 73.31 | 27.13 | 84.36 |
Solvency | |||||
Equity ratio | 42.3 % | 46.2 % | 49.6 % | 53.8 % | 56.7 % |
Gearing | 131.7 % | 112.8 % | 96.2 % | 80.7 % | 72.5 % |
Relative net indebtedness % | 425.6 % | 467.3 % | |||
Liquidity | |||||
Quick ratio | 0.1 | 0.1 | 0.2 | 0.0 | 0.6 |
Current ratio | 0.1 | 0.1 | 0.2 | 0.0 | 0.6 |
Cash and cash equivalents | 93.34 | 95.64 | 264.77 | 244.73 | 231.24 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | -422.4 % | -13.2 % | |||
Credit risk | |||||
Credit rating | BBB | A | A | A | A |
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