KARL HANGAARDS EFTF. A/S — Credit Rating and Financial Key Figures

CVR number: 75912412
Kildeager 5 B, 2680 Solrød Strand
tel: 56148882

Credit rating

Company information

Official name
KARL HANGAARDS EFTF. A/S
Established
1984
Company form
Limited company
Industry

About KARL HANGAARDS EFTF. A/S

KARL HANGAARDS EFTF. A/S (CVR number: 75912412) is a company from SOLRØD. The company recorded a gross profit of 289 kDKK in 2024. The operating profit was 184.8 kDKK, while net earnings were 68.5 kDKK. The profitability of the company measured by Return on Assets (ROA) was 3.1 %, which can be considered weak and Return on Equity (ROE) was 3.6 %, which can be considered weak. The equity ratio, a key indicator for solidity, stood at 32.7 %, a level that can be considered to be low. This means a higher proportion of debt in its capital structure, indicating a greater reliance on borrowed funds. KARL HANGAARDS EFTF. A/S's liquidity measured by quick ratio was 0.3 which is at a very low level. Thus, the company is in an unstable financial position, with its liquid assets significantly undermatching its current liabilities. This severe liquidity deficiency may lead to financial distress and threaten the company's operational continuity.

Financial information

See financials

Net sales (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2020
2021
2022
2023
2024
Volume
Net sales779.80778.54677.87
Gross profit197.67252.43229.88151.65288.99
EBIT146.07200.83178.2898.23184.81
Net earnings-0.1361.3245.43509.7268.50
Shareholders equity total1 255.601 316.911 362.341 872.071 940.56
Balance sheet total (assets)6 175.286 125.196 012.226 019.055 937.94
Net debt4 604.874 486.104 408.653 246.523 184.98
Profitability
EBIT-%18.7 %25.8 %26.3 %
ROA2.4 %3.3 %3.0 %14.1 %3.1 %
ROE-0.0 %4.8 %3.4 %31.5 %3.6 %
ROI2.4 %3.4 %3.0 %15.1 %3.5 %
Economic value added (EVA)- 206.26- 123.38- 131.54- 218.64- 132.05
Solvency
Equity ratio20.3 %21.5 %22.7 %31.1 %32.7 %
Gearing373.5 %347.5 %324.6 %175.9 %166.2 %
Relative net indebtedness %607.7 %595.1 %673.2 %
Liquidity
Quick ratio0.40.30.20.20.3
Current ratio0.40.30.20.20.3
Cash and cash equivalents84.9590.5713.0847.1139.60
Capital use efficiency
Trade debtors turnover (days)
Net working capital %-49.2 %-53.9 %-69.9 %
Credit risk
Credit ratingAAABBBBBB

Variable visualization

ROA:3.13%
Rating: 36/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:32.7%
Rating: 28/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

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