HIN A/S — Credit Rating and Financial Key Figures

CVR number: 87691616
Langmarksvej 29, 8700 Horsens
tel: 76259090
www.hin.dk

Credit rating

Company information

Official name
HIN A/S
Personnel
24 persons
Established
1978
Company form
Limited company
Industry

About HIN A/S

HIN A/S (CVR number: 87691616) is a company from HORSENS. The company recorded a gross profit of 19.2 mDKK in 2023. The operating profit was 144 kDKK, while net earnings were -1580 kDKK. The profitability of the company measured by Return on Assets (ROA) was 0.4 %, which can be considered weak but Return on Equity (ROE) was -32.1 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 8.7 %, a level that can be considered to be very low. This means the company is highly leveraged, with most assets financed through debt. This high level of financial risk could pose challenges in periods of financial distress or rising interest rates. HIN A/S's liquidity measured by quick ratio was 0.7 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 financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2019
2020
2021
2022
2023
Volume
Net sales
Gross profit20 881.0016 005.0020 319.0020 965.0019 234.00
EBIT20 881.0016 005.0020 319.001 504.00144.00
Net earnings901.00-1 023.00683.00- 113.00-1 580.00
Shareholders equity total4 053.005 744.006 426.006 313.003 529.00
Balance sheet total (assets)49 612.0043 655.0052 913.0048 662.0040 690.00
Net debt24 834.0021 569.00
Profitability
EBIT-%
ROA44.0 %34.3 %42.1 %3.1 %0.4 %
ROE25.0 %-20.9 %11.2 %-1.8 %-32.1 %
ROI44.0 %34.3 %42.1 %3.6 %0.6 %
Economic value added (EVA)20 722.6615 801.3420 030.36744.93- 966.21
Solvency
Equity ratio100.0 %100.0 %100.0 %13.2 %8.7 %
Gearing395.1 %613.6 %
Relative net indebtedness %
Liquidity
Quick ratio0.90.7
Current ratio1.31.2
Cash and cash equivalents110.0086.00
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBBBBBBBB

Variable visualization

ROA:0.40%
Rating: 22/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:8.67%
Rating: 9/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Board member
Chairman of the board

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