HEDEDAMMEN ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About HEDEDAMMEN ApS
HEDEDAMMEN ApS (CVR number: 27312713) is a company from ESBJERG. The company reported a net sales of 2.8 mDKK in 2023, demonstrating a growth of 3.5 % compared to the previous year. The operating profit percentage was at 78.5 % (EBIT: 2.2 mDKK), while net earnings were 1432.8 kDKK. The profitability of the company measured by Return on Assets (ROA) was 9.4 %, which can be considered good and Return on Equity (ROE) was 14.7 %, which can be considered good. The equity ratio, a key indicator for solidity, stood at 39.2 %, 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. HEDEDAMMEN ApS's liquidity measured by quick ratio was 2.6 which is at a very high level. Thus, the company demonstrates exceptional financial stability, possessing a significant surplus of liquid assets over its short-term liabilities.
Financial information
See financialsNet sales (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | 2 505.42 | 2 543.00 | 2 581.14 | 2 671.48 | 2 764.98 |
Gross profit | 2 419.71 | 2 439.13 | 2 384.43 | 2 598.62 | 2 693.47 |
EBIT | 1 897.39 | 1 916.80 | 1 862.10 | 2 076.30 | 2 171.15 |
Net earnings | 1 379.14 | 1 403.56 | 1 407.33 | 1 455.10 | 1 432.81 |
Shareholders equity total | 4 744.48 | 6 148.04 | 7 555.36 | 9 010.46 | 10 443.28 |
Balance sheet total (assets) | 22 890.00 | 24 263.76 | 25 038.54 | 25 200.81 | 26 643.19 |
Net debt | 14 820.24 | 14 596.82 | 13 838.93 | 12 409.92 | 12 288.32 |
Profitability | |||||
EBIT-% | 75.7 % | 75.4 % | 72.1 % | 77.7 % | 78.5 % |
ROA | 8.2 % | 8.2 % | 7.7 % | 8.9 % | 9.4 % |
ROE | 34.0 % | 25.8 % | 20.5 % | 17.6 % | 14.7 % |
ROI | 8.5 % | 8.5 % | 8.0 % | 9.2 % | 9.7 % |
Economic value added (EVA) | 602.46 | 587.01 | 512.86 | 647.77 | 672.57 |
Solvency | |||||
Equity ratio | 20.7 % | 25.3 % | 30.2 % | 35.8 % | 39.2 % |
Gearing | 312.4 % | 237.4 % | 183.2 % | 137.7 % | 117.7 % |
Relative net indebtedness % | 623.6 % | 608.9 % | 571.1 % | 499.2 % | 478.7 % |
Liquidity | |||||
Quick ratio | 0.6 | 1.2 | 2.2 | 2.6 | |
Current ratio | 0.6 | 1.2 | 2.2 | 2.6 | |
Cash and cash equivalents | |||||
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | -91.8 % | -40.8 % | 19.8 % | 80.4 % | 130.5 % |
Credit risk | |||||
Credit rating | AA | AA | AA | AA | AA |
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