H&E TOFTING HOLDING ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About H&E TOFTING HOLDING ApS
H&E TOFTING HOLDING ApS (CVR number: 34081468) is a company from HEDENSTED. The company recorded a gross profit of -9.8 kDKK in 2024. The operating profit was -9.8 kDKK, while net earnings were 368.6 kDKK. The profitability of the company measured by Return on Assets (ROA) was 4.9 %, which can be considered decent and Return on Equity (ROE) was 4.5 %, which can be considered decent. The equity ratio, a key indicator for solidity, stood at 99.9 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. H&E TOFTING HOLDING ApS's liquidity measured by quick ratio was 519.2 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 financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2020 | 2021 | 2022 | 2023 | 2024 | |
|---|---|---|---|---|---|
| Volume | |||||
| Net sales | |||||
| Gross profit | -7.60 | -7.10 | -7.51 | -15.26 | -9.75 |
| EBIT | -7.60 | -7.10 | -7.51 | -15.26 | -9.75 |
| Net earnings | 1 172.85 | 1 558.66 | 1 032.90 | 730.00 | 368.61 |
| Shareholders equity total | 5 113.38 | 6 559.03 | 7 477.53 | 8 089.73 | 8 336.34 |
| Balance sheet total (assets) | 5 121.18 | 6 566.83 | 7 485.33 | 8 097.53 | 8 344.14 |
| Net debt | -1 012.34 | -1 835.64 | -2 555.85 | -3 591.83 | -4 045.08 |
| Profitability | |||||
| EBIT-% | |||||
| ROA | 25.7 % | 29.9 % | 16.3 % | 9.6 % | 4.9 % |
| ROE | 25.6 % | 26.7 % | 14.7 % | 9.4 % | 4.5 % |
| ROI | 25.7 % | 29.9 % | 16.3 % | 9.6 % | 4.9 % |
| Economic value added (EVA) | - 211.17 | - 264.05 | - 337.10 | - 391.02 | - 416.26 |
| Solvency | |||||
| Equity ratio | 99.8 % | 99.9 % | 99.9 % | 99.9 % | 99.9 % |
| Gearing | |||||
| Relative net indebtedness % | |||||
| Liquidity | |||||
| Quick ratio | 130.5 | 237.8 | 331.1 | 462.1 | 519.2 |
| Current ratio | 130.5 | 237.8 | 331.1 | 462.1 | 519.2 |
| Cash and cash equivalents | 1 012.34 | 1 835.64 | 2 555.85 | 3 591.83 | 4 045.08 |
| Capital use efficiency | |||||
| Trade debtors turnover (days) | |||||
| Net working capital % | |||||
| Credit risk | |||||
| Credit rating | A | A | A | A | A |
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