HRH Smed A/S — Credit Rating and Financial Key Figures

CVR number: 37171832
Roholmsvej 7, 2620 Albertslund
hrh@hrh.dk
tel: 43437733
www.hrh.dk
Free credit report Annual report

Credit rating

Company information

Official name
HRH Smed A/S
Personnel
5 persons
Established
2015
Company form
Limited company
Industry

About HRH Smed A/S

HRH Smed A/S (CVR number: 37171832) is a company from ALBERTSLUND. The company recorded a gross profit of 1941.2 kDKK in 2024. The operating profit was 173 kDKK, while net earnings were 15.9 kDKK. The profitability of the company measured by Return on Assets (ROA) was 4.6 %, which can be considered decent but Return on Equity (ROE) was 2.5 %, which can be considered weak. The equity ratio, a key indicator for solidity, stood at 16 %, 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. HRH Smed A/S's liquidity measured by quick ratio was 1.1 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 profit1 468.941 455.361 431.141 889.491 941.19
EBIT55.5543.0786.67163.67173.02
Net earnings10.531.879.484.7815.87
Shareholders equity total619.32621.19630.67635.44651.31
Balance sheet total (assets)2 411.543 326.654 129.723 530.604 073.63
Net debt964.802 230.473 162.902 246.692 706.35
Profitability
EBIT-%
ROA2.3 %1.5 %2.3 %4.3 %4.6 %
ROE1.7 %0.3 %1.5 %0.8 %2.5 %
ROI3.2 %1.9 %2.6 %4.8 %5.4 %
Economic value added (EVA)-53.97-50.80-84.21-77.48-25.24
Solvency
Equity ratio25.7 %18.7 %15.3 %18.0 %16.0 %
Gearing155.8 %359.1 %501.5 %353.6 %415.5 %
Relative net indebtedness %
Liquidity
Quick ratio1.01.01.01.01.1
Current ratio1.01.01.01.01.1
Cash and cash equivalents
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBBBBBBBB

Variable visualization

ROA:4.55%
Rating: 42/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:16.0%
Rating: 15/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chairman of the board
Board member

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