H.J. HANSEN RECYCLING A/S — Credit Rating and Financial Key Figures

CVR number: 24336212
Havnegade 110, 5000 Odense C

Credit rating

Company information

Official name
H.J. HANSEN RECYCLING A/S
Personnel
206 persons
Established
1936
Company form
Limited company
Industry
  • Expand more icon38Waste collection, treatment and disposal activities; materials recovery

About H.J. HANSEN RECYCLING A/S

H.J. HANSEN RECYCLING A/S (CVR number: 24336212) is a company from ODENSE. The company reported a net sales of 2856.1 mDKK in 2023, demonstrating a decline of -22.3 % compared to the previous year. The operating profit percentage was at 2.4 % (EBIT: 69 mDKK), while net earnings were 57.5 mDKK. The profitability of the company measured by Return on Assets (ROA) was 14 %, which can be considered good but Return on Equity (ROE) was 27.4 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 33.6 %, 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. H.J. HANSEN RECYCLING 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
202120222023
Volume
Net sales3 674 133.002 856 126.00
Gross profit174 528.00143 469.00
EBIT100 392.0068 965.00
Net earnings97 870.0057 465.00
Shareholders equity total114 342.00201 258.00218 722.00
Balance sheet total (assets)590 683.00651 480.00
Net debt116 952.00121 296.00
Profitability
EBIT-%2.7 %2.4 %
ROA22.0 %14.0 %
ROE31.0 %27.4 %
ROI37.3 %23.8 %
Economic value added (EVA)72 471.4242 274.29
Solvency
Equity ratio100.0 %34.1 %33.6 %
Gearing68.4 %66.1 %
Relative net indebtedness %10.0 %14.3 %
Liquidity
Quick ratio1.01.1
Current ratio1.51.5
Cash and cash equivalents20 611.0023 215.00
Capital use efficiency
Trade debtors turnover (days)11.917.9
Net working capital %4.1 %5.5 %
Credit risk
Credit ratingAA

Variable visualization

ROA:14.0%
Rating: 65/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:33.6%
Rating: 29/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Companies in the same industry

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