HINDBORG GROUP A/S — Credit Rating and Financial Key Figures
Credit rating
Company information
About HINDBORG GROUP A/S
HINDBORG GROUP A/S (CVR number: 28847629) is a company from VEJLE. The company recorded a gross profit of -14.1 kDKK in 2023. The operating profit was -14.1 kDKK, while net earnings were -10.9 kDKK. The profitability of the company measured by Return on Assets (ROA) was -2.8 %, which can be considered poor and Return on Equity (ROE) was -2.2 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 98.4 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. HINDBORG GROUP A/S's liquidity measured by quick ratio was 12.9 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 | -7.73 | -14.27 | -15.30 | -14.00 | -14.07 |
EBIT | -7.73 | -14.27 | -15.30 | -14.00 | -14.07 |
Net earnings | -1.64 | -8.67 | -9.63 | -10.67 | -10.92 |
Shareholders equity total | 534.72 | 526.05 | 516.42 | 505.75 | 494.83 |
Balance sheet total (assets) | 542.72 | 534.05 | 524.42 | 513.75 | 502.83 |
Net debt | -9.58 | -28.60 | -13.15 | - 110.52 | -96.46 |
Profitability | |||||
EBIT-% | |||||
ROA | -0.7 % | -2.1 % | -2.3 % | -2.5 % | -2.8 % |
ROE | -0.3 % | -1.6 % | -1.8 % | -2.1 % | -2.2 % |
ROI | -0.7 % | -2.1 % | -2.3 % | -2.6 % | -2.8 % |
Economic value added (EVA) | -33.81 | -37.52 | -36.93 | -36.04 | -30.83 |
Solvency | |||||
Equity ratio | 98.5 % | 98.5 % | 98.5 % | 98.4 % | 98.4 % |
Gearing | |||||
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 17.8 | 16.8 | 15.6 | 14.2 | 12.9 |
Current ratio | 17.8 | 16.8 | 15.6 | 14.2 | 12.9 |
Cash and cash equivalents | 9.58 | 28.60 | 13.15 | 110.52 | 96.46 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | BBB | BBB | BBB | BBB | BBB |
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