Heidelberg Materials Precast Denmark A/S — Credit Rating and Financial Key Figures

Heidelberg Materials Precast Denmark A/S (CVR number: 33255047) is a company from AABENRAA. The company reported a net sales of 737.9 mDKK in 2023, demonstrating a decline of -4.2 % compared to the previous year. The operating profit percentage was at 2 % (EBIT: 14.5 mDKK), while net earnings were 11.5 mDKK. The profitability of the company measured by Return on Assets (ROA) was 4.5 %, which can be considered decent but Return on Equity (ROE) was 37.6 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 13.2 %, 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. Heidelberg Materials Precast Denmark A/S's liquidity measured by quick ratio was 0.9 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.