HIN A/S — Credit Rating and Financial Key Figures

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

Company information

Official name
HIN A/S
Personnel
23 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 22.7 mDKK in 2024. The operating profit was 5183.9 kDKK, while net earnings were 2461.4 kDKK. The profitability of the company measured by Return on Assets (ROA) was 11.8 %, which can be considered good but Return on Equity (ROE) was 57.1 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 11.2 %, 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 0.8 which is at a modest level. Thus, the company's liquid assets are in relative balance with its short-term liabilities, indicating a moderate liquidity position. While it's likely to meet its current obligations, financial flexibility may be constrained, and unexpected costs could pose challenges.

Financial information

See financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2020
2021
2022
2023
2024
Volume
Net sales
Gross profit16 005.0020 319.0020 965.0018 875.5022 736.36
EBIT16 005.0020 319.001 504.00175.235 183.91
Net earnings-1 023.00683.00- 113.00-1 580.252 461.44
Shareholders equity total5 744.006 426.006 313.003 529.825 091.25
Balance sheet total (assets)43 655.0052 913.0048 662.0040 880.3246 756.58
Net debt24 834.0020 511.5019 644.75
Profitability
EBIT-%
ROA34.3 %42.1 %3.1 %0.5 %11.8 %
ROE-20.9 %11.2 %-1.8 %-32.1 %57.1 %
ROI34.3 %42.1 %3.6 %0.7 %18.8 %
Economic value added (EVA)15 801.3420 030.36744.93-1 562.412 294.45
Solvency
Equity ratio100.0 %100.0 %13.2 %8.6 %11.2 %
Gearing395.1 %583.5 %407.5 %
Relative net indebtedness %
Liquidity
Quick ratio0.90.70.8
Current ratio1.31.21.3
Cash and cash equivalents110.0085.501 103.67
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBBBBBBBB

Variable visualization

ROA:11.8%
Rating: 61/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:11.2%
Rating: 11/100
-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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