HERAX A/S — Credit Rating and Financial Key Figures

CVR number: 34044031
Dortheavej 59, 2400 København NV
www.herax.com

Company information

Official name
HERAX A/S
Personnel
26 persons
Established
2011
Company form
Limited company
Industry

About HERAX A/S

HERAX A/S (CVR number: 34044031) is a company from KØBENHAVN. The company recorded a gross profit of 18 mDKK in 2023. The operating profit was 15 mDKK, while net earnings were 11.7 mDKK. The profitability of the company measured by Return on Assets (ROA) was 55.9 %, which can be considered excellent and Return on Equity (ROE) was 61.9 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 85.2 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. HERAX A/S's liquidity measured by quick ratio was 6.5 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

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2019
2020
2021
2022
2023
Volume
Net sales
Gross profit23 859.3423 725.3319 822.1926 745.1317 977.41
EBIT20 669.7520 827.8216 706.4823 814.5314 958.26
Net earnings16 641.3218 278.1913 112.2018 411.1811 723.64
Shareholders equity total21 331.1118 259.4219 435.3118 027.4319 868.09
Balance sheet total (assets)38 290.6736 966.8334 118.4831 150.2223 308.08
Net debt-22 680.81-22 265.36-19 595.81-13 367.29-11 753.95
Profitability
EBIT-%
ROA60.5 %63.1 %49.7 %73.6 %55.9 %
ROE82.2 %92.3 %69.6 %98.3 %61.9 %
ROI102.9 %118.6 %90.2 %127.6 %80.3 %
Economic value added (EVA)16 136.2516 353.2913 179.3118 577.0910 988.58
Solvency
Equity ratio55.7 %49.4 %57.0 %57.9 %85.2 %
Gearing1.0 %1.2 %1.1 %
Relative net indebtedness %
Liquidity
Quick ratio1.61.92.22.36.5
Current ratio1.61.92.22.36.5
Cash and cash equivalents22 892.2222 479.9619 814.3313 367.2911 753.95
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingAAAAA

Variable visualization

ROA:55.9%
Rating: 98/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:85.2%
Rating: 65/100
-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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