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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 -51.8 kDKK in 2024. The operating profit was -91.9 kDKK, while net earnings were -1035.4 kDKK. The profitability of the company measured by Return on Assets (ROA) was 2.3 %, which can be considered weak but Return on Equity (ROE) was -5.7 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 69.2 %, 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 1.9 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 financials2020 | 2021 | 2022 | 2023 | 2024 | |
|---|---|---|---|---|---|
| Volume | |||||
| Net sales | 1 157.82 | 4 050.11 | 10 971.38 | ||
| Gross profit | 1 202.50 | 4 020.97 | 10 944.42 | -46.42 | -51.83 |
| EBIT | 956.58 | 3 970.41 | 10 562.35 | - 183.30 | -91.90 |
| Net earnings | 683.99 | 3 718.68 | 10 368.11 | - 750.99 | -1 035.41 |
| Shareholders equity total | 8 391.36 | 12 010.05 | 21 778.16 | 18 927.16 | 17 116.75 |
| Balance sheet total (assets) | 23 082.06 | 26 215.00 | 31 907.16 | 27 247.03 | 24 736.34 |
| Net debt | 9 768.73 | 7 679.11 | 5 089.08 | 877.27 | 3 480.93 |
| Profitability | |||||
| EBIT-% | 82.6 % | 98.0 % | 96.3 % | ||
| ROA | 4.2 % | 16.1 % | 37.5 % | 0.3 % | 2.3 % |
| ROE | 8.4 % | 36.5 % | 61.4 % | -3.7 % | -5.7 % |
| ROI | 4.3 % | 17.6 % | 41.0 % | -1.5 % | -2.8 % |
| Economic value added (EVA) | 11.96 | 2 951.29 | 9 537.87 | -1 619.41 | -1 439.22 |
| Solvency | |||||
| Equity ratio | 36.4 % | 45.8 % | 68.3 % | 69.5 % | 69.2 % |
| Gearing | 118.0 % | 64.9 % | 23.5 % | 21.5 % | 21.0 % |
| Relative net indebtedness % | 1257.4 % | 347.1 % | 91.7 % | ||
| Liquidity | |||||
| Quick ratio | 0.6 | 1.1 | 2.1 | 2.4 | 1.9 |
| Current ratio | 0.6 | 1.1 | 2.1 | 2.4 | 1.9 |
| Cash and cash equivalents | 131.74 | 120.26 | 26.75 | 3 196.66 | 118.66 |
| Capital use efficiency | |||||
| Trade debtors turnover (days) | |||||
| Net working capital % | -133.9 % | 14.4 % | 52.6 % | ||
| Credit risk | |||||
| Credit rating | A | AA | AA | BBB | BBB |
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