HANCON GRUPPEN A/S — Credit Rating and Financial Key Figures
Credit rating
Company information
About HANCON GRUPPEN A/S
HANCON GRUPPEN A/S (CVR number: 10395801) is a company from SVENDBORG. The company recorded a gross profit of -275.1 kDKK in 2023. The operating profit was -607.2 kDKK, while net earnings were 22.9 mDKK. The profitability of the company measured by Return on Assets (ROA) was 14.8 %, which can be considered good and Return on Equity (ROE) was 11.5 %, which can be considered good. The equity ratio, a key indicator for solidity, stood at 99.6 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. HANCON GRUPPEN A/S's liquidity measured by quick ratio was 274.5 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 financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | |||||
Gross profit | -1 075.87 | - 290.71 | - 307.15 | - 281.90 | - 275.06 |
EBIT | -1 633.07 | - 596.54 | - 647.30 | - 585.90 | - 607.22 |
Net earnings | 15 336.48 | 9 652.59 | 24 052.30 | -20 197.86 | 22 919.31 |
Shareholders equity total | 174 968.34 | 184 565.63 | 208 561.43 | 187 863.57 | 210 282.88 |
Balance sheet total (assets) | 175 210.99 | 186 968.25 | 215 265.54 | 188 031.63 | 211 051.86 |
Net debt | - 171 394.85 | - 186 827.13 | - 215 132.03 | - 181 920.17 | - 209 844.07 |
Profitability | |||||
EBIT-% | |||||
ROA | 11.8 % | 6.9 % | 15.4 % | 0.8 % | 14.8 % |
ROE | 9.0 % | 5.4 % | 12.2 % | -10.2 % | 11.5 % |
ROI | 11.7 % | 6.9 % | 15.8 % | 0.8 % | 14.8 % |
Economic value added (EVA) | -2 022.89 | - 639.62 | - 384.82 | - 120.47 | - 770.44 |
Solvency | |||||
Equity ratio | 99.9 % | 98.7 % | 96.9 % | 99.9 % | 99.6 % |
Gearing | 0.1 % | 0.1 % | 0.1 % | 0.0 % | 0.0 % |
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 712.6 | 77.8 | 32.1 | 1 118.8 | 274.5 |
Current ratio | 712.6 | 77.8 | 32.1 | 1 118.8 | 274.5 |
Cash and cash equivalents | 171 490.83 | 186 940.98 | 215 265.54 | 181 951.93 | 209 867.44 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | AA | A | A | BBB | A |
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