Line Hjort Holding ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About Line Hjort Holding ApS
Line Hjort Holding ApS (CVR number: 38137514) is a company from HEDENSTED. The company recorded a gross profit of -46.4 kDKK in 2023, demonstrating a decline of 0 % compared to the previous year. The operating profit was -430.3 kDKK, while net earnings were -751 kDKK. The profitability of the company measured by Return on Assets (ROA) was -1.4 %, which can be considered poor and Return on Equity (ROE) was -3.7 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 69.5 %, a level that can be considered to be good. This shows that a large part of the company's assets are funded by shareholders' equity, reducing financial risk. Line Hjort Holding ApS's liquidity measured by quick ratio was 2.4 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 financialsNet sales (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | 2 572.23 | 1 157.82 | 4 050.11 | 10 971.38 | |
Gross profit | 2 596.84 | 1 202.50 | 4 020.97 | 10 944.42 | -46.42 |
EBIT | 2 544.78 | 956.58 | 3 970.41 | 10 562.35 | - 430.29 |
Net earnings | 2 075.22 | 683.99 | 3 718.68 | 10 368.11 | - 750.99 |
Shareholders equity total | 7 807.37 | 8 391.36 | 12 010.05 | 21 778.16 | 18 927.16 |
Balance sheet total (assets) | 23 726.00 | 23 082.06 | 26 215.00 | 31 907.16 | 27 247.03 |
Net debt | 9 198.49 | 9 768.73 | 7 679.11 | 5 089.08 | 877.27 |
Profitability | |||||
EBIT-% | 98.9 % | 82.6 % | 98.0 % | 96.3 % | |
ROA | 10.9 % | 4.2 % | 16.1 % | 37.5 % | -1.4 % |
ROE | 30.4 % | 8.4 % | 36.5 % | 61.4 % | -3.7 % |
ROI | 11.3 % | 4.3 % | 17.6 % | 41.0 % | -1.5 % |
Economic value added (EVA) | 3 044.81 | 1 500.06 | 4 393.32 | 10 916.88 | - 584.27 |
Solvency | |||||
Equity ratio | 32.9 % | 36.4 % | 45.8 % | 68.3 % | 69.5 % |
Gearing | 134.4 % | 118.0 % | 64.9 % | 23.5 % | 21.5 % |
Relative net indebtedness % | 568.6 % | 1257.4 % | 347.1 % | 91.7 % | |
Liquidity | |||||
Quick ratio | 1.0 | 0.6 | 1.1 | 2.1 | 2.4 |
Current ratio | 1.0 | 0.6 | 1.1 | 2.1 | 2.4 |
Cash and cash equivalents | 1 292.84 | 131.74 | 120.26 | 26.75 | 3 196.66 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | 1.0 % | -133.9 % | 14.4 % | 52.6 % | |
Credit risk | |||||
Credit rating | AA | AA | AA | A | A |
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