H.J. HANSEN RECYCLING A/S — Credit Rating and Financial Key Figures
Credit rating
Company information
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 financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2021 | 2022 | 2023 | |
---|---|---|---|
Volume | |||
Net sales | 3 674 133.00 | 2 856 126.00 | |
Gross profit | 174 528.00 | 143 469.00 | |
EBIT | 100 392.00 | 68 965.00 | |
Net earnings | 97 870.00 | 57 465.00 | |
Shareholders equity total | 114 342.00 | 201 258.00 | 218 722.00 |
Balance sheet total (assets) | 590 683.00 | 651 480.00 | |
Net debt | 116 952.00 | 121 296.00 | |
Profitability | |||
EBIT-% | 2.7 % | 2.4 % | |
ROA | 22.0 % | 14.0 % | |
ROE | 31.0 % | 27.4 % | |
ROI | 37.3 % | 23.8 % | |
Economic value added (EVA) | 72 471.42 | 42 274.29 | |
Solvency | |||
Equity ratio | 100.0 % | 34.1 % | 33.6 % |
Gearing | 68.4 % | 66.1 % | |
Relative net indebtedness % | 10.0 % | 14.3 % | |
Liquidity | |||
Quick ratio | 1.0 | 1.1 | |
Current ratio | 1.5 | 1.5 | |
Cash and cash equivalents | 20 611.00 | 23 215.00 | |
Capital use efficiency | |||
Trade debtors turnover (days) | 11.9 | 17.9 | |
Net working capital % | 4.1 % | 5.5 % | |
Credit risk | |||
Credit rating | A | A |
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